Cosco

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 challenge so far in its drive to put Greece again on the map of international...

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 have made an offer for 51% of OLP on Monday, Kathimerini newspaper reported. The company already...

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 that this is considered to be the most significant contact Tsipras made while in New...

A new contract between the Piraeus Port and the Greek state will include an increase in the annual cost of the lease, from 2% of total annual revenue at present to 3.5% of annual revenue, ANA-MPA sources said on...

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 S.A., which operates Piers II and III at the Port of Piraeus, Greece's largest port. According to...

A draft law envisaging a new concession contract between the Greek state and the Piraeus Port Authority (OLP) -still pending- will pave the way for the submission of binding offers in a tender to buy 51% in Piraeus' port by...

A senior Greek official involved in the privatization process of the Piraeus port revealed to Reuters that Greece has asked three firms to submit binding bids by September 2015 for a 51% majority stake. The agency reports that unblocking the...

Taiwanese container shipping company Yang Ming Lines announced on Monday it has agreed to start using the installations of Piraeus Container Terminal (PCT), the local subsidiary of China’s Cosco, as a transfer terminal for the wider region of the...

The government is currently renegotiating the terms under which Piraeus port (OLP) will be sold to COSCO, Economy, Infrastructure, Shipping and Tourism Minister George Stathakis said in Greek Parliament. “Our policy is clear and aims at maximizing the benefits of...

Greece might end up turning to China as a last resort to find financial aid if negotiations with creditors fail, a BBC report says. According to a report from Shanghai by John Sudworth, the recent tightening of Greece-China relations might...