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Cosco

Strike at Cosco Dock in Greece Ends

On Friday, employees at the container terminal at the port of Piraeus run by Chinese shipping giant COSCO, went on strike. On Saturday, the company promised it will meet some of their demands and will negotiate the rest, so the...

China, Greece Get Close; Samaras, Li Visit Crete

Chinese Premier Li Keqiang is wrapping up a three-day visit to Greece on June 21 with a visit to Crete - along with Prime Minister Antonis Samaras - as the two leaders talked about closer business and cultural ties. Some...

Chinese Premier in Piraeus: Cosco Sees Expansion

Looking to build his country's growing presence in Greece, visiting Chinese Prime Minister Li Keqiang on June 20 went to the port of Piraeus where the Chinese company Cosco has already taken over much of the operations. It was the...

Samaras Hopes Chinese Premier's Visit Brings Business

Greek Prime Minister Antonis Samaras on July 19 will host Chinese Premier Li Keqiang for meetings that are expected to include more agreements being signed as China boosts its presence in Greece. The Chinese company Cosco already essentially runs the...

Greece Expects Stronger Ties with China

Greece was looking forward to building stronger ties with China as Athens made strides to rejuvenate its economy after years of recession, a Greek official said on Tuesday. In an interview with Xinhua, visiting Greek Vice Minister for Development and...

Piraeus, Fastest Growing Port in 2013

The total number of containers handled in 2013 at the port of Piraeus exceeded all expectations, making Greece’s largest port the fastest growing in the world. According to an article in Greek newspaper Kathimerini, the subsidiary of the Chinese company...

Greeks Celebrating Chinese New Year

Two of the world’s most ancient civilizations, China and Greece, are tied by recent acts of goodwill and employ every occasion to further strengthen their good relationship and cooperation. This time, on the occasion of the Chinese Lunar Year,...

Done Deal For COSCO and Piraeus Port Authority

The agreement between the Piraeus Port Authority and the Chinese company COSCO closed. The deal is for investments of 230 million Euros in the port of Piraeus. According to the official announcement by the merchant marine ministry, “the deal involves...

COSCO to Invest Additional 230 mln Euros at Greek Port

Chinese-owned COSCO subsidiary Piraeus Container Terminal (PCT) and Piraeus Port Organisation (OLP) have reached an agreement in principle for an additional investment of 230 million euros (308.9 million U.S. dollars) at Piraeus, Greece's largest port, Greek Shipping Minister Miltiades...

Greece's Man in China Is All Business

Almost six months after Prime Minister Antonis Samaras went to China to push closer ties in business and tourism, Greece's new Ambassador in Beijing said the two countries should emphasize economic cooperation and cultural exchanges. "The political ties between China...