The Chinese conglomerate will pay an additional 88 million euros for the extra 16 percent stake in Greece’s largest port.
03 Feb 2016
Greek ports will come to a standstill Thursday for the third time this year as dockers, seamen and tug crews join a nationwide, general, 24-hour strike.
26 Jan 2016
Greek ports will be brought to a standstill by a 48-hour strike tomorrow, the second two day walkout in two weeks.
21 Jan 2016
Greece has accepted a “significantly improved” offer from China’s Cosco Group for the state’s majority stake in the Piraeus Port Authority.
12 Jan 2016
Greece today confirmed Cosco Pacific is the only bidder for a majority stake in the Piraeus Port Authority and immediately asked the Chinese company to submit an improved offer for control of the nation’s largest port.
22 Dec 2015
China’s Cosco Pacific is reportedly the only company that has submitted a bid for a 51 percent stake in the state-owned port of Piraeus.
09 Dec 2015
Greece has postponed the deadline for binding offers for the port of Piraeus yet again, fuelling further doubts over the privatization of the country’s leading container hub.
23 Nov 2015
The government of Greece has again extended the bidding process for the sale of the port in Piraeus — the country’s largest — this time at the request of the potential purchasers.
12 Nov 2015
Greek ports are at a standstill as dockworkers take part in the first general strike since the country’s leftist government took power in January.
21 Oct 2015
Two days of strike action by towage workers will bring ship movements in Greek ports to a standstill today and tomorrow (Oct. 22-23), Inchcape Shipping Services has warned.
07 Oct 2015
The privatization of the port of Piraeus has been delayed as Greece’s snap general election Sept. 20 interrupted preparations by government transport and finance officials.