Piraeus Port Authority S.A.
Piraeus Port Authority SA (PPA) is a Greece-based company which manages and operates Piraeus port. The main activities of PPA are ships’ anchoring services, handling cargo, loading and unloading services as well as goods storage and car transportation. Under a 2016 Greek privatisation deal, COSCO Shipping Ports Ltd bought a 51% stake in PPA for €280 million ($328 million). It then committed to mandatory investments worth about €294 million over five years to purchase an additional 16% stake for €88 million.
Cosco plans new floating dock for Piraeus port
Piraeus, Greece (PortSEurope) June 27, 2017 – China’s Cosco Shipping Corporation Limited has announced that Piraeus Port Authority S.A.(PPA) is...
Piraeus Port Authority docks operate at full capacity
Piraeus, Greece (PortSEurope) June 24, 2017 – Piraeus Port Authority S.A. has announced the completion of extensive repairs to the Perama floating dock...
Piraeus, Shanghai ports sign cooperation agreement
Piraeus, Greece (PortSEurope) June 12, 2017 – A Memorandum of Understanding (MOU) was signed today between Piraeus Port Authority (PPA SA) and Shanghai...
Piraeus Port Authority investment plans tabled at 4th Posidonia Sea Tourism Forum
Piraeus, Greece (PortSEurope) May 25, 2017 – Piraeus Port Authority S.A. (PPASA) is investing €294 million ($330.5 million) over a five-year period to...
Piraeus Port Authority reports improved 2016 financial results
Piraeus, Greece (PortSEurope) May 21, 2017 – The Piraeus Port Authority S.A. (PPASA) has presented its 2016 financial results to the Hellenic Fund and...
Greece praises local Chinese investment
Piraeus, Greece (PortSEurope) May 14, 2017 – This week, China will open the Belt and Road Forum for International Cooperation, May 14-15, and in Athens...
Piraeus port aims to become biggest container shipper in the Mediterranean
Piraeus, Greece (PortSEurope) May 3, 2017 – Anastasios Vamvakidis, the commercial manager of the Piraeus Container Terminal (PCT), has said that...
Visit of Liu Qibao to Piraeus Port Authority
Piraeus, Greece (PortSEurope) April 29, 2017 – Piraeus Port Authority S.A. (PPA) has received a visit by Liu Qibao, head of the Publicity Department of...
Piraeus port welcomes first Chinese cruise visitors
Piraeus, Greece (PortSEurope) April 24, 2017 – Leading managers of Piraeus Port Authority S.A. (OLP), owned by China’s Cosco, have welcomed the...
Cosco presents investment plan, looks for government support
Piraeus, Greece (PortSEurope) March 10, 2017 – The new Cosco-led management of the Piraeus Port Authority S.A. (OLP) has requested increased support...
The Minister of Shipping meets Piraeus port management
Piraeus, Greece (PortSEurope) March 8, 2017 – At a meeting held yesterday between the Minister P. Kouroumplis and the CEO of the PPA S.A. Cpt. Fu...
13% increase in profit before tax in 2016 for the Piraeus Port Authority
Piraeus, Greece (PortSEurope) February 17, 2017 – 13% increase in profit before tax in 2016 for the PPA The PPA S.A. Board approved the Annual Financial...
Piraeus Port Authority S.A. announces 2017 financial calendar
Piraeus, Greece (PortSEurope) February 16, 2017 – Piraeus Port Authority S.A. announces the financial calendar for the year 2017: – Thursday 16th...