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Cosco’s Piraeus Investment Plan to Be Resubmitted for Approval

China’s Cosco shipping consortium is expected in the coming days to re-submit its multi-million-euro investment plan for Piraeus to the country's Committee of Planning and...

Greece Approves Chinese Conglomerate Cosco’s Plan for Luxury Hotels in Piraeus

The Greek government gave the green light on Thursday to the Chinese conglomerate Cosco to convert three buildings at the Piraeus port into luxury...

Geostrategic Powerplay Hinders Massive Chinese Investment in Greece

The decision recently taken by Greece's Central Archaeological Council (KAS) to declare a large part of Piraeus a site of archaeological interest is putting...

Greece’s Port of Piraeus Records Stunning 147% Increase in Profits for 2018

The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned...

Cosco’s Investment Plan for Piraeus Under Threat

The Piraeus Port Authority (PPA) will make a last-ditch attempt on March 10 to convince the Greek government to unblock the 580-million-euro ($650 million-dollar)...

Port of Piraeus Hosts Its Largest Ship Ever (video)

The largest container ship which has ever docked in Piraeus arrived in Greece's largest port on Monday. The behemoth belongs to the Chinese conglomerate COSCO. The COSCO Shipping...

Chinese Purchased €258 Mln of Greek Residential Real Estate in 2017

Mainland Chinese purchased at least €258 million (U.S. $300 million) of Greek residential real estate in 2017, according to a report by Juwai, a...

China’s Cosco Reports US$13.6m Profit from Greece’s Piraeus Terminal

Chinese giant Cosco reported profits for the first half of 2018 in excess of US$13 million from Greece's Piraeus Terminal, where the group has...

Top 4 Direct Foreign Investments in Greece for 2018

With the end of the third bailout program in August, foreign investments in Greece will continue stronger for the next years as the economic...

China Complains over Picketing at Piraeus Port

Picketing of a Chinese-run cargo terminal at Piraeus this week, has sparked diplomatic tensions between Athens and Beijing. Greek media reports on Friday claimed China's...

Greece’s Port of Piraeus Ranked 7th Largest in Europe

Piraeus has been ranked 7th biggest among Europe's 20 largest ports in 2017, according to new study by a leading industry journal. According to Port...

Greek Shipyard Faces Liquidation

Chinese state involvement in Greece's maritime sector could intensify after an Athens court ruled the liquidation of Hellenic Shipyards in Skaramagas could go ahead. Cosco, which...

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