WebThe Port of Piraeus is majority owned by China COSCO Shipping (the successor of China Ocean Shipping (Group) Company (COSCO)), the 3rd largest container ship company in the world. In 2003 the port had its IPO, after which the Port was majority owned by the Greek state (74.5%), while the rest was held by investors.. In 2009, Greece leased the land of … WebMay 27, 2024 · In 2016, China’s state-owned shipping company, COSCO, bought a majority stake in the public company managing Piraeus (PPA), a port located just southwest of Athens. Under COSCO-PPA, the Piraeus port became the largest in the Mediterranean. China has nicknamed it the “ Dragon’s Head, ” as a key entry point for Chinese goods into Europe.
China
WebApr 25, 2016 · China’s involvement in the Port of Piraeus has cost $532 million, but COSCO has succeeded in transforming its part of the port into a successful business, contrasting … WebNow, it is the third-largest port in Turkey. Haydarpaşa’s annual cargo volume exceeds 60 million tons. The Port of Haydarpaşa is located at the southern entrance to the Bosphorus. Two breakwaters protect vessels in the port, which total area is 343,420 square meters. The port handles ro-ro, containers, and general cargoes. highlands ranch veterinary clinic
Piraeus port deal intensifies Greece’s unease over China links
WebSep 13, 2024 · Reports by official Chinese media in recent years show that since 2013, Chinese president Xi Jinping has visited a port almost every year, including the visit to the … WebOct 30, 2024 · Since 2016, the Chinese shipping company Cosco has been the majority stakeholder in the port of Piraeus. This means a foreign power controls Greece's main port.In Germany, a heated debate has... WebJul 7, 2024 · Under Chinese ownership, Piraeus has emerged as the second-biggest container port in the Mediterranean and Europe’s biggest passenger port. It has allowed China to establish a firm foothold... highlands recovery south africa