The state privatisation agency, whose Greek acronym is TAIPED, has received offers from Ports America Group Holdings, APM Terminals, Cartesian Capital Group, International Container Terminal Services, Inc (ICTSI), Utilco Emerging Markets and Cosco (Hong Kong) Group.

Cosco already holds a significant interest in the port through a 35-year concession it won from the PPA to operate container terminals II and III that was signed in 2009.