Asian gateways continued to dominate the global port market in 2018, handling more than three-quarters of the total throughput of the top 50 container ports worldwide.
Port of Piraeus
Port of Piraeus
Port of Piraeus news and analysis. Get the latest news about Port of Piraeus and the container shipping & maritime industry.
14 Mar 2019
If Italy signs up to Beijing's Belt and Road Initiative as expected, it will open the way for Trieste to become China's gateway to southern Europe.
13 Jun 2017
The Indian subcontinent is expected to continue generating growth in container volume, with carriers introducing services that connect India, Sri Lanka and Pakistan to the hub ports of Asia and the Mediterranean.
18 Jan 2017
Piraeus was one of Cosco Shipping Port’s fastest-growing container terminals in 2016.
10 Aug 2016
The Chinese conglomerate will pay an additional 88 million euros for the extra 16 percent stake in Greece’s largest port.
05 Jul 2016
The sale, which was agreed in April, hit a hitch last week after Cosco raised concerns that the Greek government had changed the terms of the deal.
30 Jun 2016
China Cosco Shipping says the Greek government is not living up to its side of the bargain in the deal they struck for the port of Piraeus.
13 Jun 2016
Shareholders of Greece’s Piraeus Port Authority approved a concession agreement with Cosco Shipping Group.
08 Apr 2016
The Greek government today officially sold the country’s largest port, Piraeus, to China’s Cosco Group, prompting striking dockers to stage a protest march through downtown Athens.
30 Mar 2016
Cosco Pacific’s decision to commit more than $1 billion at the beginning of the year to acquire control of the port of Piraeus, once a sleepy and inefficient backwater, is already looking like a winning investment.
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.
20 Jan 2016
Greece’s privatization agency will today weigh an improved offer from China’s Cosco Pacific for a majority stake in the port of Piraeus.
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.
17 Dec 2015
The protracted privatization of the port of Piraeus is picking up pace with binding bids for one of Europe’s top container hubs to be submitted by a Dec. 21 deadline.
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.
20 Aug 2015
Greece has set deadlines for the privatization of its two major ports, Piraeus and Thessaloniki, after waffling on the issue in the first half of year and putting the country’s privatization efforts in doubt.
29 Jul 2015
While politicians wrangle over the Greek debt crisis and economists speculate on the lasting impact to the European and global economy, a decision on who controls a container quay miles away from Athens could reshape European supply chains.
13 Jul 2015
The bailout deal Greece struck with its creditors in the early hours of this morning in Brussels will have a major impact on the beleaguered nation’s shipping industry and its ports.
11 Jun 2015
The chief executive of the port of Piraeus is resigning as the Greek government proceeds with the controversial privatization of the leading Mediterranean container hub.
01 Jun 2015
It’s been a little more than three months since the inaugural statements of the new Greek government, dominated by its radical-left Syriza component, said it would block sales of national strategic assets.
15 May 2015
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.
06 May 2015
Greek dock workers are due to stage a 24-hour strike on Thursday to protest the privatization of the ports of Piraeus and Thessaloniki.
04 May 2015
Greece is expected to launch the long delayed privatization of the port of Piraeus, a top 10 European container hub, this week as its leftist government reluctantly undertakes reforms demanded by its international creditors.
02 Apr 2015
The on-again, off-again privatization of the port of Piraeus has been thrown into further doubt following conflicting statements by Greek government ministers.
30 Mar 2015
China’s Cosco Pacific will bid for a majority stake in Greece's port of Piraeus after the country's new socialist government apparently reversed course on its opposition to port privatization.
24 Mar 2015
China is expected to step up pressure on Greece to revive the stalled privatization of the port of Piraeus during a visit to Beijing this week by ranking members of the new Athens government.
24 Mar 2015
HONG KONG — Cosco Pacific reported a 2.3 percent increase in net profit in 2014 as revenue growth across most of the grou
24 Feb 2015
Greece’s pledge on Tuesday not to halt ongoing and planned privatizations has paved the way for the sale of the state’s stakes in the ports of Piraeus and Thessaloniki, Athens airport and rail freight companies.
28 Jan 2015
Greece’s new government, headed by the populist left wing Syriza Party, said it will scrap the planned privatization of the port of Piraeus, one of Europe’s fastest-growing container ports, fueling uncertainty over its stance toward the nation’s shipping community, which controls the world’s largest fleet.
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