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Port of Piraeus Announces Record Profits for 2021
The Port of Piraeus reported on Monday the highest level of profitability in its history during 2021, with profits after taxes surpassing $40 million...
China’s Cosco Tightens Grip on Piraeus Port by Raising Stake to 67%
A Greek court gave this week the go-ahead for China's Cosco to increase its stake at the Piraeus Port by 16% and extend its...
Greece's Port of Piraeus Records Stunning 147% Increase in Profits for 2018
The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned...
Greek Archaeological Council Derails Cosco’s Investment Plan for Piraeus
Greece's Central Archaeological Council (KAS) derailed the multi-million euro investment program of China’s Cosco Shipping consortium on Tuesday, ruling that some proposed projects at the port...
Cosco and SIPG to Sign Key Agreement in Piraeus
China Cosco Shipping Corporation Limited chairman Xu Lirong is about to arrive in Athens to sign two memorandums of cooperation, both of which are...
Cosco Plans More Investments in Piraeus as It Gets Port Control
"We will continue the investments in Piraeus port" said Cosco's general director Wan Min on Wednesday at the opening of Athens Stock Exchange (ASE)...
Greek Parliament Ratifies Piraeus Port Majority Stake Sale to Chinese COSCO
Greek parliament on Thursday ratified the sale of the majority stake of Piraeus Port to China's COSCO, a day prior to the departure of...
COSCO Says Greek Draft Bill Violates Terms of Landmark Piraeus Port Deal
The government submitted a bill for the approval of a concession agreement with Chinese multinational COSCO on Wednesday. The draft legislation brought to Greek...
Revenue Losses Continue as Piraeus Port Workers Extend Strike
Eight cruise ships carrying more than 9,700 passengers scheduled to dock at Piraeus Port on Saturday might not anchor at all if dock workers...
Piraeus Port Strike Sends Cruise Ships to Turkey
The continuing strike of Piraeus Port workers impedes cruise ships from docking and as a result the vessels are forced to go to Turkey,...