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.
Greek state completes the transfer of the 16% stake of Piraeus Port Authority to COSCO SHIPPING (Hong Kong) Co., Limited
The Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, completed yesterday the transfer through Athens Stock Exchange of the 16%...
Piraeus Port Authority to expand Herakleous Pier Car Terminal
Piraeus, Greece (PortSEurope) October 3, 2021 – Piraeus Port Authority (PPA) has announced announced a €20 million ($23.19 million) investment to...
Greek minister comments on COSCO’s increased stake in PPA
Giannis Plakiotakis: The agreement amending the contract with Piraeus Port Authority (PPA) also ensures the implementation of a large investment and the...
Piraeus Port Authority reports +8.3% rise in first half turnover
Piraeus, Greece (Ports Europe) September 29, 2021 – Piraeus Port Authority SA (PPA) has reported first half turnover of €72 million ($83.97 million),...
COSCO Shipping Ports Limited to acquire further 16% stake in Piraeus Port Authority
Piraeus, Greece (Ports Europe) August 26, 2021 – The Greek Court of Audit has approved the sale of a further 16% stake, currently held by the state, in...
Piraeus port receives new super post panamax quay crane
Τhe new Super Post Panamax Quay Crane capable of handling large mega-vessels with a capacity of 20.000 TEUs has arrived at the Port of Piraeus and will be...
Piraeus Port Authority says positive performance in 2020 despite the pandemic
Today, Piraeus Port Authority S.A. (PPA) conducted the Ordinary General Meeting of Shareholders which had the necessary quorum of shareholders with a...
Cyprus and Greece discuss ferry link
Piraeus, Greece (Ports Europe) July 7, 2021 – Cyprus Deputy Minister of Shipping, Vasilis Demetriades and the Director General at Cyprus Shipping Deputy...
Piraeus Port Authority meets with ACAT diplomats delegation
Piraeus Port is developing into a maritime hub of global attraction Wednesday, June 30, 2021. Captain Weng Lin, Deputy CEO of Piraeus Port Authority S.A. met...
Piraeus Port Authority joins in “Bravo Sustainability Week 2021”
Piraeus Port Authority (PPA) has participated in “Bravo Sustainability Week 2021”, organized by the QualityNet Foundation, which presents initiatives to...
Port of Piraeus welcomed the first cruise ship of the season
Piraeus, Greece (Ports Europe) May 18, 2021 – Piraeus Port Authority SA (PPA) has announced the arrival of Mein Schiff 5, the first cruise ship in...
Piraeus Port Authority at the Delphi Forum – a source of prosperity and a gateway to Europe
Captain Weng Lin, Deputy CEO of Piraeus Port Authority S.A. (PPA) speaking at the Delphi Forum, referred to the great importance of Authority and also the...
Portuguese minister visits Port of Piraeus
Piraeus, Greece (Ports Europe) May 13, 2021 – The Portuguese Minister of Maritime Affairs, Ricardo Serrão Santos, has visited Piraeus port. Together...
The annual briefing of Piraeus Port Authority to the Hellenic Fund and Asset Management Association took place via teleconference
The annual briefing to the Hellenic Fund and Asset Management Association (HDRAF) for the results of Piraeus Port Authority for the year 2020 took place via...
Piraeus Port Authority to add electric crane bridges to container terminal
Piraeus, Greece (Ports Europe) April 14, 2021 – Piraeus Port Authority has announced the signing of a new contract for the supply of five (E-RTG) cranes...
Piraeus Port Authority continues investments in Ship Repair Zone in Perama
Piraeus Port Authority has announced the approval of the tender evaluation regarding the “Supply of two (2) double level luffing jib cranes for the...
Elstat: Greek ship repairing industry – 2020
The Hellenic Statistical Authority (ELSTAT) announces data of the survey on the activities of the Greek Ship Repairing Industry in 2020 – March 25, 2021...