Greece
Greece is a republic in Southern Europe at the end of the Balkan Peninsula; it borders the Mediterranean, Ionian and Aegean Seas; member of the European Union (EU); the port scene is dominated by the Port of Piraeus, the port of capital city Athens; under a 2016 privatisation deal, COSCO Shipping Ports bought a 51% stake in Piraeus Port Authority for €280 million and committed to mandatory investments worth about €294 million over five years to later buy an additional 16% stake. It now holds a 67% stake.
Bulgaria-Greece port railway connection project needs investment of €5 billion
Kavala, Greece (Ports Europe) September 6, 2017 – Bulgaria’s transport minister Ivaylo Moskovski has said the total investment in the railway...
Bulgarian PM says port link project with Greece will boost energy, transport, tourist sectors
Kavala, Greece (Ports Europe) September 6, 2017 – Bulgaria’s prime minister Boyko Borisov has said the launch of a railway connection between...
Corfu port authority is in stable financial condition
Corfu, Greece (Ports Europe) September 6, 2017 – Greece’s Corfu port authority is in a stable financial condition, according to the annual audit...
New railway connection agreement between Greece and Bulgaria
Kavala, Greece (Ports Europe) September 6, 2017 – A memorandum of understanding between Bulgaria and Greece for a new railway connection will be signed...
Greek government invests €2.481 million in overhaul of Patras port
Patras, Greece (Ports Europe) September 5, 2017 – Greece’s government has given the green light to two projects for the overhaul of Patras port’s...
Piraeus port is 38th largest in the world
Piraeus, Greece (Ports Europe) September 5, 2017 – Piraeus port ranked 38th in the world classification of the largest, world-class ports, with a positive...
Aegean Shipping Management enters dry bulk market
Piraeus, Greece (Ports Europe) September 5, 2017 – Piraeus-based company Aegean Shipping Management has announced the signing of a new building order of a...
Greece sees reduced cruise ship visitors
Piraeus, Greece (Ports Europe) September 4, 2017 – Initial figures indicate that the local cruise ship industry will decrease in 2017. The Union of...
Cruise Shipping and Urban Development: The Case of Piraeus
Piraeus, Greece (Ports Europe) September 2, 2017 – The International Transport Forum (ITF) has published a report which assesses the impacts of cruise...
Greece to invest €81,000 in installing equipment for power supply to vessels at Lefkada port
Lefkada, Greece (Ports Europe) August 31, 2017 – Greece’s government has given the green light to the installation of equipment for the delivery of...
Piraeus Container Terminal profit declines 39.4% y/y in H1 2017
Piraeus, Greece (Ports Europe) August 31, 2017 – Piraeus Container Terminal S.A., owned by Cosco, booked a profit of €10.845 million ($9.13 million) in the...
Alexandroupoli set to be first port privatisation
Piraeus, Greece (Ports Europe) August 31, 2017 – the Hellenic Republic Asset Development Fund (TAIPED) is to proceed with plans to privatise the...
Piraeus Port Authority appoints new board director
Piraeus, Greece (Ports Europe) August 26, 2017 – Piraeus Port Authority S.A. (PPA) has announced that shareholder Hellenic Republic Asset Development...
Greek government acquires pilot vessels for Piraeus port
Piraeus, Greece (Ports Europe) August 24, 2017 – Greek Ministry for Development, Competitiveness and Shipping has signed a €600,000 ($708,077) contract...
Piraeus Container Terminal S.A. – July 2017 container terminal statistics
Piraeus, Greece (Ports Europe) August 24, 2017 – Piraeus Container Terminal S.A., part of the Chinese Cosco shipping group, has reported July 2017 container...
Greece hopes to attract interest of French investors in Thessaloniki port privatisation
Thessaloniki, Greece (Ports Europe) August 23, 2017 – The Greek government prepares for the visit of French president Emmanuel Macron on September 7-8 in a...
Piraeus Port Authority announces new labour force regulations
Piraeus, Greece (Ports Europe) August 23, 2017 – Piraeus Port Authority SA has announced that after negotiations with the employees’...