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COSCO Plans Further Piraeus Port Container Capacity Expansion

COSCO plans further Piraeus port container capacity expansion

Source: COSCO Shipping Ports Ltd

Piraeus, Greece (PortSEurope) August 14, 2019 – Local sources have reported that COSCO Shipping Ports Ltd is planning a fourth port terminal in Piraeus port with an investment of €200 million. Piraeus Port Authority SA (PPA) is operated by China’s COSCO Shipping Ports Limited. Until now, the authorities in Greece have issued only part approval to COSCO’s master investment plan, and PPA will resubmit the plan on August 20. The resubmitted plan will include the…

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