Port of Piraeus

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Piraeus becomes top Mediterranean port

Piraeus Port Authority (PPA) launched its financial results for 2019 marking the port’s most successful year in terms of profitability. The Port which is owned by COSCO Shipping handled 5.65 million TEU across the three piers of the container terminal, achieving a new record.

Port of Piraeus remains operational despite COVID-19 pandemic

In light of the COVID-19 pandemic and the travel bans that has brought, Greece informed that the shipping trade at the Port of Piraeus is still not impacted, as it remains operational. According to Xinhua, Greek port authorities haven’t put any restrictions to the import or export of cargo at the moment.

Port of Piraeus achieves 5 million TEUs record

The Piraeus Port Authority announced that November 18 2019 marks the day that the port reached the 5 million TEUs for this year, with the last handled container being unloaded from the COSCO Shipping Capricorn vessel. Overall, the port of Piraeus is developing with the aim of becoming one of the most major ports in the Mediterranean.

Port of Piraeus secures 140m euros in port upgrade plans

The European Investment Bank (EIB) agreed to provide the Port of Piraeus with 140 million euros to boost the port’s plans on expansion and upgrade, the largest loan that the country has been ever provided, that will support the implementation of part of investments at the Port of Piraeus in a total investment plan of more than 600 million euros.  

Greece approves investment plan for Port of Piraeus

The Piraeus Port Authority (PPA) announced that the Greek Committee of Planning and Development of Ports (ESAL) approved investments of € 611.8 million, covering all the business units of the company. This investment paves the way for waterfront improvements at Greece’s main seaport.

Piraeus’ port plans ready, awaits Gov’s approval

Reuters reports that Piraeus Port Authority boost its investment plans to lure more businesses. The majority of the port is owned by China’s COSCO shipping, who hopes to make Piraeus port into its gateway to Europe. 

Port of Piraeus looks for ways to tackle environmental issues

Port of Piraeus, Greece’s major port is taking measures to tackle ship pollution from vessels and activities in the area, the Piraeus Port Authority informed Xinhua. The environmental measures focus on efficiently managing waste, monitoring the noise, water and air quality, energy efficiency and energy savings through technological advances.

Archaeology may forever halt Cosco’s Piraeus port plans

Cosco’s investment plan for the port of Piraeus may become history under archaeological threats. After a meeting that was conducted on April 2, Greece’s powerful Central Archaeological Council (KAS) struck a major blow to the Cosco-owned Piraeus Port Authority’s (PPA) $675m master plan by characterising a large part of Piraeus as an area of archaeological interest that must be protected.

Ports of Piraeus, Venice and Chioggia to enhance cargo flows

The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, signed a Memorandum of Understanding (MoU) on February 11, to enhance relations and cargo flows between the two ports. The memorandum also aims to improve the exchange of best practices and know-how in port management.

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