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Tension and Clashes At Demonstration Against OLP’s Privatization [video]

"The signing of the agreement between TAIPED (Hellenic Republic Asset Development Fund) and Cosco for Piraeus port authority (OLP) will cut the Silk Road...

Situation in Idomeni Affects Greece’s Image on International Trade, Say Reps of Piraeus ...

Representatives of the business community have described as quite negative Greece’s image on international trade on account of the prevailing situation in Idomeni --...

Minister of State Nikos Pappas Foresees Explosion in Investment in Greece

Greece is “very close” to reaching an agreement with creditors that will cause an “explosion in investments,” said Minister of State Nikos Pappas during...

Privatization of Piraeus Port Will Produce Major Economic Benefits, According to IOBE Study

Greece’s Foundation for Economic & Industrial Research (ΙΟΒΕ) has just released a study regarding the economic effects from the controversial privatization of Piraeus port. According...

67% of Piraeus Port Authority Goes to Cosco

Cosco will now own 67% of the Piraeus Port Authority (OLP), as the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared the company as...

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)...

Will China Attain Getaway To Europe with Greek Port?

In a move that was highly anticipated, China’s Cosco Group has just made a bid for a majority share in Piraeus Port Authority (OLP),...

Greece to Open Offers for Piraeus Port on Tuesday

Greek authorities will open financial offers submitted in a tender to buy 67% of Piraeus Port Organization on Tuesday, a process characterized as the country's biggest...

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...

Chinese President Jinping Invites Greek PM Tsipras to Beijing [video]

Chinese President Xi Jinping invited Greek Prime Minister Alexis Tsipras to visit Beijing, according to a government source. A member of the Greek delegation said...

New Deal for Piraeus Port Ahead of Privatization to Include Rent Raise

A new contract between the Piraeus Port and the Greek state will include an increase in the annual cost of the lease, from 2%...

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...

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