Greek dockers strike over port privatisation

1/9/2008 1:56:10 PM

Greek dock workers staged a 24-hour strike on Monday in protest against government plans to privatise the country's largest commercial ports. The Greek government has said it plans to sell off stakes in its major ports to strategic investors to bolster port investment, develop container business and make Greece a regional shipping hub. Employees at state-controlled Piraeus (OLP) and Thessaloniki ports plan to continue with more strikes in coming weeks. Cargo ships will dock at the ports but will not be allowed to load or unload. The backlog of containers may lead to disruptions in distribution. George Nouhoutidis, head of Piraeus port employees union said cargo ships would have to find alternative ports to dock. He said merchants will not receive goods on time and the delays will certainly affect the market. Piraeus and Thessaloniki port have a current market value of US$1.13 billion and $543 million respectively.   CargonewsAsia

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