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.
Port of Piraeus
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.