Tag: Port of Piraeus

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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.

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Port of Piraeus benefits from China-Greece cooperation

Port of Piraeus is for the time being the second largest port in the Mediterranean Sea. After COSCO's enter in the port, its annual throughput capacity was increased from 0.68 million TEUs to 4.15 million in 2017. Mainly, the growth, the port of Piraeus has experienced in recent years, is the result of the cooperation between Greece and China, based on the Belt and Road initiative.

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What is the biggest obstacle for the social life onboard?

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