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Italy’s FS Takes Over Trainose Railway Officially on Sept. 14

The deal between Greek train operator Trainose and Italian railway group Ferrovie dello Stato (FS) Italiane will be finalized on September 14 on Corfu.

July Container Traffic from Piraeus Down by 4.4%

Outbound container traffic from Piraeus dropped by 4.4 percent in July but reported positive performance in the first seven months of the year, up by 2.5 percent.

More Chinese Travelers Setting Sights on Greece

Over 1.5 million Chinese tourists are expected to Greece in the coming years, who are interested in the country's attractions, culture and shopping market.

Shanghai – Piraeus Ports Join Forces to Boost Container Traffic

The Piraeus Port Authority and Shanghai International Port Group (SIPG) signed a memorandum of cooperation in efforts to increase business opportunities.

Airports, Ports and Logistics Top Athens Transport, Infrastructure Meet Agenda

Ways to tap into the expansion of combined transport and upgraded infrastructure were explored during the 1st conference on "Infrastructure and Transport in Greece: Prospects for Development” held in Athens.

Cosco Bets on Piraeus Home Porting Potential

A total investment of 330 million euros will go into transforming Piraeus into a Mediterranean home porting hub, Cosco Hong Kong Group said.

Cosco-Skyserv Sea-Air Handling Platform to Facilitate Cargo Transport

Cosco Shipping Lines and ground handling services provider Skyserv will launch a platform that will facilitate transport of incoming cargo via Athens International Airport.

Alphaliner: Piraeus Moves Up in Global Container Ports Ranking

Piraeus Port is among the world’s 40 leading container handling ports, according to Alphaliner, moving to 38th spot from 43rd based on cargo capacity (teu).
Posted On 23 Mar 2017

Piraeus Port Investments, Upgrades to Focus on Cruise Travel

Boosting investments and upgrading port infrastructure to facilitate incoming cruise tourism topped the agenda of talks between the Piraeus Port Authority and the municipality recently.
Posted On 14 Dec 2016

Piraeus Port Big Bet for Cosco, Set to Invest €140m in 2017

Hong Kong-based shipping giant Cosco has slated 140 million euros for works to be completed in 2017 in efforts to make the port of Piraeus a major cruise and transhipment hub for travel and trade between Asia and Eastern Europe.
Posted On 02 Nov 2016

South Aegean Governor, Cosco Discuss Ways to ‘Save’ Cruise Tourism

In view of forecasts for a 30 percent drop in cruise tourism to Greece in 2017, South Aegean Governor George Hatzimarkos recently met with Cosco management at the Piraeus Port Authority, to discuss ways to address the issue.

Insider Says Greece Cruise Traffic to Shrink Next Year

Cruise traffic in Greece is expected to decline by 30 percent in 2017 resulting in fewer tourists and dwindling tourism revenues, according to Andreas Stylianopoulos, responsible for cruise travel at the Greek Tourism Confederation (SETE).
Posted On 17 Oct 2016

Alexandroupolis Port Authority Flirting with Chinese Investors

Port authorities in Alexandroupolis, northeastern Greece, are exploring a potential collaboration with Chinese investors Sinoftone Group and Navision after signing a memorandum of cooperation.

Piraeus Among World’s Top 30 Container Ports by 2018, Cosco Says

Chinese shipping giant Cosco has big plans for Piraeus aiming after its expansion to boost container volume by 35 percent by 2018.

Cosco to Dish Out Extra €500m for Piraeus Investment

Chinese shipping giant Cosco will dish out some 500 million euros over and above the paying price for the port of Piraeus, its managing director, Xu Lirong, said this week during talks with Greek Prime Minister Alexis Tsipras, who is in China on an official five-day visit to...
Posted On 06 Jul 2016

Greece-China Shake Hands on Culture, Science, Exports & Tourism

With the sale of a majority stake in the Port of Piraeus to Chinese shipping giant Cosco at the center of talks, Greek Prime Minister Alexis Tsipras sealed on Monday a number of deals with Chinese officials during his five-day visit this week to Beijing and Shanghai, aiming to...
Posted On 05 Jul 2016

Cosco-OLP Deal Ratified Amid Blame-Game Over Changing Terms

The 300-member Greek parliament ratified by a 223-vote the sale of the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco a day after the Hong-Kong based conglomerate said in letter that the terms for the deal submitted to parliament had been altered.
Posted On 01 Jul 2016

Come and Get It: Greek Hotels, Sites, Islands Up for Grabs, ‘Guardian’ Reveals

“It could be a shopping list for the scenery in a movie - rather than a list of possessions that Athens is under immense pressure to offload,” the Guardian says, referring to an asset portfolio of some 71,000 properties now under the newly established Hellenic Holdings and...

Greek Assets Fund to Open Bids for Piraeus Port Authority

Bids for the majority stake in the Piraeus Port Authority (OLP) were set to be opened on Tuesday, the Greek privatization fund TAIPED announced.
Posted On 12 Jan 2016

Piraeus Power Port: Among World’s Best

The Port of Piraeus is among the world’s 40 leading container ports, according to Lloyds List annual report released on Monday.
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