Piraeus, Greece (PortSEurope) April 15, 2018 – The Piraeus Port Authority S.A. (PPA) has announces that after the completion of its permanent installation and seating process in Pier I Shipbuilding Territory, the new “Piraeus III” floating tank was successfully launched yesterday, with the first vessel docking.
In addition to the Shipbuilding Zone, extensive infrastructure improvement works such as:
• Upgrading of the quay wall.
• Reconstruction of floors.
• Repair / reconstruction of rails.
• Improvement of E / M installations and networks.
The total investments foreseen in the concession contract, which are in progress at NEZ Perama, will exceed €55 million ($67.91 million).
PPA is operated by China’s COSCO Shipping Ports Limited.
Source: Piraeus Port Authority
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