
It should be noted that in the immediate future, the transfer of 16% of the Piraeus Port Authority shares is expected from the HRADF to Cosco, after the relevant agreement is signed and then passed by Parliament.
Meanwhile, with a small drop (-0.5%) closed the eight months for the two piers of Piraeus Containers Terminal (Cosco Shipping Ports) according to data published by the Chinese parent company.
3,241.1 thousand TeuIn particular, Piraeus Container Terminal S.A. handled 425.5 thousand Teu in August 2021 compared to 419.6 thousand Teu in the corresponding month last year (+ 1.4%) while 3,241.1 thousand Teu were handled in the eight months of January-August compared to 3,258.3 thousand Teu in the eight months of 2020.
The two PCT piers are the only ones on European soil that record losses, even if minimal, in the eight months.
However, in total (three piers) the ports of Piraeus are moving in positive territory in the eight months in the handling of containers.


Latest News

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.

National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.

Int’l Tender for Port of Volos Cancelled
Highest bidder was Thessaloniki Port Authority, with an offer of 51 million euros

E-Transactions in Greece Up 10.7% in 2024, YOY
Mandatory installation of POS machines at practically all businesses, and by self-employed professionals takes a 'bite' out of tax evasion; 614% increase in declared revenue by carwashes