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Cosco

Greek PM Samaras: Communism Will Not Win Out Here

Greek Prime Minister Antonis Samaras on Tuesday stepped up his attack on rival leftist SYRIZA leader Alexis Tsipras, telling an audience of supporters that “we are not going to turn into a soviet here, communism is not going to...

Greek PM Communicates Via Telephone with Chinese Premier

Greek Prime Minister Antonis Samaras communicated via telephone with his Chinese counterpart Li Keqiang. Sources said that the Chinese prime minister expressed satisfaction over the amicable settlement reached between Piraeus Port Authority S.A. and Cosco that leads to additional investments...

Chinese Cosco Breaking Records at Piraeus Port

Official data released by Cosco Pacific show the reason behind the Chinese company’s decision to invest in the Piraeus port. According to the data, over the last 11 months, from January to November, 2014, 2.73 million containers were handled at...

Greece Clears Way for '21st Century Maritime Silk Road'

The heads of state and government of 16 Central and Eastern European countries, as well as Chinese Premier Li Keqiang, are on their way to Belgrade for the summit meeting that takes place on Tuesday and Wednesday regarding the expansion...

Piraeus Port Authority OKs Agreement with Chinese COSCO

After a Piraeus Port Authority (OLP) general meeting green-lighted the agreement with Chinese company Cosco regarding the latter's new 230-million-euro investment in Piraeus, Greece, the way is now open for Beijing to move ahead with its export plans in...

Cosco's Captain Fu: "Greece Is Worth Investing in with Any Government in Charge"

Captain Fu Chengqui, the top executive of Chinese giant Cosco in Greece says that the country is an attractive investment destination, no matter what the government is, on the day he signed a new 230 million euro investment for Cosco to expand its operation in Greece's largest port.

Piraeus Port Authority and Cosco Sign New 230-Million-Euro Agreement

Piraeus Port Authority (OLP) and Piraeus Container Terminal (PCT), part of Chinese company Cosco Pacific Limited, signed today a new revised agreement which envisages a 230-million-euro investment plan in the Greek port. The plan was already approved by the Piraeus port...

Greek PM Meets With his Chinese Counterpart in Milan

The good level of communication and the strong economic ties between their countries were confirmed earlier today by Greek Prime Minister Antonis Samaras and his Chinese counterpart Li Keqiang, who met on the sidelines of the European Union-Asia Summit Meeting....

Record of Containers at Piraeus Port in July

A record number of containers were processed in July at Terminal 1, which is run by the Piraeus Port Authority (OLP). A total of 50,517 containers were handled during a single month, a record in OLP's history. Management also revealed that...

EU Commission Approves COSCO Investment in Piraeus

The European Commission gave the “green light” to Greece for COSCO’s new investment in Piraeus, Greece, as according to sources, the Competition Commission and the Internal Control Commission of the European Union approved a friendly settlement agreement between COSCO’s...