COSCO: Container Traffic in Port of Piraeus Increases in August 2015 Compared to 2014



piraeus_port_greeceChinese company COSCO Pacific Limited released a report on the August container throughput traffic of its various subsidiaries. Among these subsidiaries is the Piraeus Container Terminal S.A., which operates Piers II and III at the Port of Piraeus, Greece’s largest port.

According to the report, PCT processed 249,100 containers at the port of Piraeus this past August. This amounts to a 2.9% increase from containers handled by the company at the Piraeus port in August 2014, which was 241,000.

The report further notes that the company handled 2,011,500 containers between January and August 2015, which is a 0.7% increase from the same period of time in 2014 when the number was 1,998,300.

In July 2015 the company had handled 280,600 containers, thus recording a 1.7% reduction compared to July 2014 when it handled 285,600. The company’s last positive year-to-year performance was in May 2015. June and July were considerably unstable months in Greece due to a referendum, capital control imposition and uncertainty about the country’s future relationship with Europe.