Tag: , ,

Port of Piraeus

Greece approves COSCO’s plan for Piraeus Port

  Greek Committee of Planning and Development of Ports (ESAL) has approved EUR 611.8 million (USD 673.3 million) worth of investments at the country’s Piraeus...

Port of Piraeus

Piraeus port investment plan increased to $896m

  China’s Cosco-managed Piraeus Port Authority (PPA) has increased its investment plans to attract more business lifting its original investment budget by some...

Greece impounds $660m amphetamine pills at Piraeus Port

Greece impounds $660m amphetamine pills at Piraeus Port

Greece’s financial crimes unit, SDOE, in cooperation with coast guard and drug enforcement officers, has seized a record-breaking amount of amphetamine Captagon pills...

Port of Piraeus

Piraeus Port reports record profits but warns on development hold-ups

The Piraeus Port Authority (PPA) reported record profits for the first half of the year, and though the upward trend continues the Cosco Shipping-controlled port...

EU probes Chinese criminal gangs tax fraud at Piraeus port 

EU probes Chinese criminal gangs tax fraud at Piraeus port 

After some months of rumblings, the European Union and Italian authorities have opened an investigation into suspected wide-scale tax fraud by Chinese criminal gangs...

piraeus-cosco

Piraeus port profit surge under COSCO’s ownership

By Jite Eriabie   Piraeus Port Authority (PPA) ended 2017 with a net income of EUR 11.3 million (USD 14 million), a 68.6 percent increase compared to EUR 6.7 million...

Blame game in Greece as oil spill spreads to Piraeus port

Blame game in Greece as oil spill spreads to Piraeus port

Greek officials traded accusations Wednesday after an oil spill from a sunken tanker spread to the Athens port of Piraeus. The 45-year-old vessel Agia Zoni II sank on...

Port of Piraeus

Piraeus port one of few successes in Greek privatiation programme 

Privatisations have been a key plank of Greek international bailouts since 2010, but have reaped only EUR4bn ($4.23bn) so far versus an original target of EUR50bn due to...

US container ports

Piraeus port welcomes Japanese container line merger  

Piraeus port’s Cosco administration has welcomed the prospect of the merger of Japan’s K Line, Mitsui OSK Lines (MOL) and NYK believing it bodes well for...

Piraeus port

Piraeus port grounded by pilotage boat breakdowns

The new Cosco Shipping management of Piraeus were reminded of the realities of dealing with a cash-strapped government the night of 17 October when the port of Piraeus...

Cosco shipping

COSCO to double Piraeus Port cruise passengers

China’s biggest shipping company wants to more than double the number of cruise passengers using Greece’s biggest port by extending facilities for bigger...

Cosco shipping

COSCO to double Piraeus Port cruise passengers

China’s biggest shipping company wants to more than double the number of cruise passengers using Greece’s biggest port by extending facilities for bigger...