Port of Piraeus sees marginal container volume growth in Q1

Piraeus port

Piraeus Port

 

Greece’s largest port – Piraeus – saw marginal increase in the number of containers handled in the first quarter of 2020.

Despite the great decline in international trade due to COVID-19, Piraeus managed to marginally increase the number of containers handled on an annual basis to 1.369m teu in the first quarter of the year against 1.334m teu last year, across its three terminals.

While handling was reduced at terminals 2 and 3, it grew at terminal 1.

Meanwhile, media reports point to April showed some signs of recovery compared to March, so the January-April data is also expected to be positive.