The long-stalled privatization of the port of Piraeus is finally underway with three foreign companies bidding for control of the leading Mediterranean transhipment hubs.
28 Nov 2014
The port of Piraeus has approved a long delayed-agreement with Cosco Pacific under which the Hong Kong-based company will invest a further 230 million euros ($285 million) in container facilities at Greece’s largest port.
25 Jul 2014
Costamare’s revenue and net income grew in the second quarter as the Greek container shipowner boosted its fleet of chartered vessels.
24 Jun 2014
Even as it shot down an ambitious plan by Europe’s three largest ocean carriers to join forces, China was beefing up its bid to create a continental gateway to distribute its products across its largest export market.
19 Jun 2014
Greece has received expressions of interest from eight companies bidding for a majority stake in the Thessaloniki Port Authority (OLTH), the operator of the country’s second largest seaport.
04 Jun 2014
Greek shipowners are faced with a decision: increase investments in more efficient container ships to stay competitive, or return to their roots in bulk shipping.