CMA CGM’s port operator Terminal Link is one of three contenders who submitted a binding bid to acquire a majority stake in Greece’s second-biggest port, the country’s privatization agency said.

Debt-laden Greece is selling a 67% stake in the Port Authority of Thessaloniki (OLTH) as part of its privatization programme.

The country sold a majority in the Piraeus Port Authority (OLP), the country’s biggest terminal, to China’s Cosco last year.

According