Thessaloniki Port advances Pier 6: what it means for Thessaloniki Port stock

Published on 10/18/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pier 6 is a EUR 200 million project due by 2030. Thessaloniki Port stock last closed at EUR 40.50 on October 16, 2026.

Operations and financial progress

On October 17, 2026, Pier 6 plans targeted capacity of 1.5 million TEU.
First-half 2026 revenue reached EUR 58.0 million, up 8.9 percent year on year.
Thessaloniki Port stock closed at EUR 40.50 on October 16, 2026 in Athens.

Thessaloniki Port, GRS427003009, Illustration mit AI erstellt.

Thessaloniki Port (GRS427003009) is advancing its Pier 6 expansion, which is designed to lift container capacity from 650,000 to 1.50 million TEU. Emakedonia reported the project progress on October 17, 2026, while the port's latest dated Athens close was EUR 40.50 on October 16, 2026.

Pier 6 capacity is the focus

The expansion is moving from construction activity toward a larger operating platform. Dnews reported on October 1, 2026, that eight of 21 caissons had been installed and that the container terminal is planned to reach 1.50 million TEU from 650,000.

The same report put the future quay length at 1,081 meters versus 568 meters and the operating depth at 16.8 meters versus 12.6 meters. Those figures give investors a measurable operating rationale for the long investment cycle.

What does Pier 6 change?

The answer is scale, but execution remains the central variable. The project is expected to support larger mainline vessels, while caisson installation was projected to finish within five to six months from the October 1, 2026 update.

Naftemporiki reported that first-half 2026 revenue rose 8.9 percent to EUR 58.0 million from EUR 53.3 million. Net profit after tax increased 3.5 percent to EUR 16.5 million from EUR 15.9 million, while capital expenditure reached EUR 16.0 million from EUR 5.2 million.

Three dated milestones

On September 25, 2026, Thessaloniki Port reported first-half revenue of EUR 58.0 million, up 8.9 percent year on year. On October 16, 2026, TheOpinion reported the opening of a 156-space parking facility. On October 17, 2026, the Pier 6 expansion was reported at the construction stage with a planned capacity of 1.50 million TEU.

Key dates for construction

The construction schedule points to caisson completion within five to six months from October 1, 2026, while the wider Pier 6 project is planned for completion by 2030. The next operational milestones therefore matter more than a single quarterly figure because they determine when the added capacity can contribute to revenue.

The stock context

The last dated Athens close was EUR 40.50 on October 16, 2026. The same market page listed a 52-week range of EUR 33.00 to EUR 41.50 and market capitalization of EUR 408.2 million, putting the close 2.41 percent below the reported yearly high.

Thessaloniki Port trades on Athens under ticker OLTH and belongs to the industrials sector, according to Global Banking and Finance. The investment case now combines 8.9 percent first-half revenue growth with a construction program that targets 1.50 million TEU capacity.