Container traffic soared 18.5 percent to nearly 3 million TEUs at Cosco Pacific’s Piraeus container terminal last year, again outpacing growth at Mediterranean rivals.
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.
05 Jan 2015
Asia’s container terminal operators will be the big winners in 2015, according to the latest HSBC transport indicators report that has International Container Terminal Services Inc. (ICTSI) as one of its top picks.
16 Dec 2014
Cosco Pacific, the port operating arm of China’s largest shipping company, has growth its throughput by 10 percent from January through November this year, a reflection of strong export volumes that kept its terminals busy during the second half.
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 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
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.
01 May 2014
Greece has received expressions of interest from six companies seeking to bid for a majority stake in the port of Piraeus, its largest container port and an emerging Mediterranean transshipment hub.
06 Nov 2013
Major merger and acquisition activity in the global transportation and logistics industry was nothing spectacular in the third quarter, but a potential wave of privatization of ports, airports and roadways could energize the market in the coming year.
06 Nov 2013
Greek longshoremen have joined a 24-hour nationwide strike today called by labor unions to protest austerity measures imposed by international lenders on the crisis-mired country.
09 Sep 2013
Cosco Pacific is set to boost capacity at its container terminals in Piraeus, Greece, amid reports that the company plans to bid for a majority stake in Greece’s largest port.
26 Jun 2013
Greece is mulling bringing forward the sale of the country’s main ports, Piraeus and Thessaloniki, and the state railway, to cover a shortfall in its privatization budget.
11 Apr 2013
Evergreen Line has adjusted its Greek Turkey Service, GTS, by adding a call at the Turkish port of Gebze.
28 Jan 2013
Container freight shipping company Evergreen Line will launch a feeder service linking Greece, Turkey and Malta at the end of January.
28 Aug 2012
The Greek port of Piraeus, until recently a hotbed of labor unrest, has become the star performer in Cosco Pacific’s terminal portfolio with a growth rate double that of the Hong Kong-based comp
26 Jun 2012
Hong Kong’s Cosco Pacific, operator of the biggest container terminal in the Port of Piraeus, Greece, is considering further investments in the country as the cash-strapped Athens government pre
29 May 2012
Piraeus Port Authority swung to a 185,400-euro ($231,250) pretax profit in first quarter 2012 from a 2.94 million-euro ($3.7 million) loss a year ago, reporting a sharp increase in container traffic a
30 Jan 2012
Container shipments at Piraeus nearly doubled in 2011 from the previous year as surging volume at a Cosco Pacific-controlled terminal helped Greece’s largest port recoup some of the Mediterranea
14 Jul 2011
Private investors, returning to the global port industry following the credit crunch, are targeting projects in Africa, India and Latin America, as investment in Chinese ports becomes trickier, accord
20 May 2011
CMA CGM will add a call at Greece’s Port of Piraeus this month to its Epic service from North Europe to the Indian subcontinent and the Middle East.
01 Feb 2011
Cosco and its Piraeus Container Terminal management will work with the Athens International Airport to build sea-air business by speeding up cargo connections between the Greek seaport and the airport
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