
The other European terminals of Cosco Shipping Ports are picking up speed compared to the two piers in the port of Piraeus managed by SEP, a subsidiary of Cosco Shipping Ports.
According to the data of the first five months of this year, published by Cosco Shipping Ports, the two PCT piers may be in the first place of the moving cargoes compared to the other terminals of the Chinese company in Europe, but they show a decrease in the moving cargo while the rest record impressive performance.
In particular, in the first five months of 2021 the two piers of the port of Piraeus handled 1,974.7 thousand Teu (showing a decrease of -3% compared to the same period of 2020 (2,035.5 thousand Teu). Also in May 2021 SEP moved 416.5 thousand Teu compared to 426.7 thousand Teu in the same month of 2020 (-2.4%).
Valencia, the second largest Chinese terminal in Europe, handled 1,471.7 thousand Teu in the first five months of 2021, compared to 1,331.2 thousand Teu in the same period last year, an increase of 10.6%.
In May, Cosco in Valencia traded 307.9 thousand teu compared to 249 thousand teu last year (+ 23.6%).
Also the terminal in Antwerp recorded an increase of 8.3% in the five months to 851.7 thousand Teu, in Rotterdam the traffic through the facilities of Cosco Shipping Ports increased by 13.5% to 973.6 thousand Teu and at the Reefer Terminal in Genoa the increase was 26.4% to 23.4 thousand Teu.
According to experts in the port industry, the results of the PCT are satisfactory given the turmoil that has been caused in the international shipping chain (port congestion, excessive increase in empty containers) which has led to a large increase in fares. The motto the farther the better seems to be followed by some shipping companies as it brings them higher revenues, making them prefer longer routes.


Latest News

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece

Pope Francis: A Pontiff Who Reshaped the Papacy and Sparked a Global Conversation
His first words from the balcony of St. Peter’s Basilica—“Brothers and sisters, good evening”—set the tone for a pontificate that would challenge norms, favor mercy over dogma, and bring the papacy closer to the people.

When Blue Skies was Unmasked as ND’s Political ‘Slush Fund’
The fact that so many top New Democracy (ND) party cadres were paid by the firm Blue Skies, owned by Thomas Varvitsiotis and Yiannis Olympios, without ever citing this publicly, raises very serious moral issues, regardless of the legality

Greek Women’s Water Polo Team Top in the World after 13-9 Win Over Hungary
The Greek team had previously defeated another tournament favorite, the Netherlands, to reach the final.