As mentioned during the General Assembly of THPA, the election period is estimated to possibly "set back" the whole process and therefore the long-awaited project, which will allow larger container ships to make their appearance in the waters of Thermaikos, the so-called "Ultra Large Container Vessels".
According to the administration, a prerequisite for the signing of the contract and the installation of the contractor (the temporary contractor was the scheme MYTILINEOS SA - ROVER MARITIME SL - HDK SA), must first be completed a number of ongoing procedures:
at the present stage, the Strategic Environmental Impact Study (SES) for the project has been completed and is under consultation, an obligation arising from decisions 546 and 547 of the Council of State (Council of State) and which had as its trigger and starting point the planned investments in the Piraeus Port Organization.
The final opinion on the SEA by the Ports Planning and Development Committee (ESAL) should follow and the process will be completed with the issuance of the relevant Presidential Decree and its sending to the CoE for approval. "During the elections, at least until July 2nd, nothing can be done, and then the summer follows, so we go to after September," said the director of the Organization, Mr. Liagos.
The General Assembly of the company, among other issues, also approved the distribution of a dividend of 1.45 euros/share (net 1.37 euros/share), with a cut-off date of May 11 and payment on the 17th of the month.