Port of Piraeus inks cooperation agreement with Shanghai Port

On June 12th 2017, the Cosco-managed Piraeus Port signed a Memorandum of Understanding (MoU) with Shanghai International Port Group, the biggest commercial port of the world, exploring cooperation in project studies, staff training, information exchange, technical assistance, etc.

The key objective pursued through the close cooperation in the above areas is the development of synergies that will improve trade and create new business opportunities. There is also provision for joint discussions with shipping companies to seek the possibility of further improving the shipping service between Shanghai Port and Piraeus Port.

Piraeus Port Authority (PPA) noted that this development further highlights Piraeus’s strategic position on the world map and especially on the New Silk road. 

The MOU was signed by Mr. Athanasios Liagkos Executive Management Consultant & BoD member of the PPA SA and the Chairman of Shanghai International Port Group, Mr. Chen Xuyuan.

A Memorandum of Understanding was also signed between COSCO SHIPPING GROUP and Shanghai International Port Group.