Cosco

The container ship Cosco Shipping Panama, which on June 26 will be the first to pass through the expanded Panama Canal, set sail Saturday from the port of Piraeus, Greece, on its way to this Central American country, official...

Eight cruise ships carrying more than 9,700 passengers scheduled to dock at Piraeus Port on Saturday might not anchor at all if dock workers continue their strike. The port unionists are on strike for three weeks now and their protest...

Shipping Minister Theodoros Dritsas claims that the sale of the Piraeus Port to Chinese company Cosco that was signed on Friday is not completed and that he disagrees with the privatization. "There is still a lot to be done until the...

"The signing of the agreement between TAIPED (Hellenic Republic Asset Development Fund) and Cosco for Piraeus port authority (OLP) will cut the Silk Road shorter" stated PM Alexis Tsipras on Friday regarding the latest investment between Greece and China. The...

Representatives of the business community have described as quite negative Greece’s image on international trade on account of the prevailing situation in Idomeni -- a small village near the borders with FYROM, where thousands of refugees are stranded and...

Greece is “very close” to reaching an agreement with creditors that will cause an “explosion in investments,” said Minister of State Nikos Pappas during his greeting comments a short while ago to a British American Tobacco event for the...

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 to the study, tilted appropriately “Economics Effects From the Privatization of Piraeus Port,” some 500...

Cosco will now own 67% of the Piraeus Port Authority (OLP), as the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared the company as a Preferred Investor for acquiring the aforementioned percentage of stocks. After examining the typical forms as...

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) Greece’s privatization fund (HRADF) said in a press release. The group was the only company that...

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), according to the Greek privatization agency. What is rather surprising is that there were no...