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China's Cosco Group Acquires 67% of Pireaus Port

China’s Cosco Group will obtain 67 percent of Pireaus Port (OLP) after the company submitted an improved offer of 368.5 million euros, (€22/per share)...

Cosco Reportedly the Sole Bidder For Piraeus Port Authority Stake

The race for a controlling a stake in the Piraeus Port Authority (OLP) may not be that much of race after all. Cosco Pacific is the only country to...

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

Chinese 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...

Greek Economy Minister: Government is Renegotiating the Sale of OLP with COSCO

The government is currently renegotiating the terms under which Piraeus port (OLP) will be sold to COSCO, Economy, Infrastructure, Shipping and Tourism Minister George...

Chinese Cosco Breaking Records at Piraeus Port

Official data released by Cosco Pacific show the reason behind the Chinese company’s decision to invest in the Piraeus port. According to the data, over...

Piraeus Port Authority OKs Agreement with Chinese COSCO

After a Piraeus Port Authority (OLP) general meeting green-lighted the agreement with Chinese company Cosco regarding the latter's new 230-million-euro investment in Piraeus, Greece,...

Cosco's Captain Fu: "Greece Is Worth Investing in with Any Government in Charge"

Captain Fu Chengqui, the top executive of Chinese giant Cosco in Greece says that the country is an attractive investment destination, no matter what the government is, on the day he signed a new 230 million euro investment for Cosco to expand its operation in Greece's largest port.

Piraeus Port Authority and Cosco Sign New 230-Million-Euro Agreement

Piraeus Port Authority (OLP) and Piraeus Container Terminal (PCT), part of Chinese company Cosco Pacific Limited, signed today a new revised agreement which envisages a...

EU Commission Approves COSCO Investment in Piraeus

The European Commission gave the “green light” to Greece for COSCO’s new investment in Piraeus, Greece, as according to sources, the Competition Commission and...