PORT OF PIRAEUS

Eastern Mediterranean ports proceed with significant investments

In 2024, the Eastern Mediterranean region, a crucial hub for maritime trade, has witnessed significant investment and expansion across its major ports.

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https://container-news.com/eastern-mediterranean-ports-proceed-with-significant-investments/

European Ports 2024: Antwerp Narrows Distance to Rotterdam, Piraeus Loses Ground

Rotterdam, Antwerp-Bruges and Hamburg have maintained their dominance in the European port rankings in 2024, despite severe geopolitical instability and security challenges.

The combined container throughput of the top three European Union (EU) ports increased by 4.4% in 2024, rebounding from a sharp 7% decline the previous year, according to Theo Notteboom, a member of PortEconomics, the organization responsible for compiling the rankings.

Among the leading ports, Belgium’s Antwerp-Bruges...

https://container-news.com/european-ports-2024/

Assessing Impact of COSCO’s Potential Expulsion from Piraeus Port

Following the United States blacklisting of Chinese shipping giant COSCO, the owner and operator of the port of Piraeus, the operations at the major Greek port continue normally. However, according to Reuters, Greek authorities are currently assessing the potential effects of this development.

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https://container-news.com/impact-cosco-expulsion-piraeus-port/

Piraeus Port conducts emergency drill on spillage incidents response at Cruise Terminal

Piraeus Port Authority (PPA) conducted its annual emergency drill at the central facilities of the Greek port, specifically at the Cruise Terminal, simulating a marine and land spillage incident.

The primary objective of the drill was to update knowledge and skills on the appropriate specialized experience of both the competent personnel of PPA and the port users, for the effective activation and implementation of the Marine and Land Pollution Spillage Response Plan.

Additionally, the equipment...

https://container-news.com/piraeus-port-conducts-emergency-drill-on-spillage-incidents-response-at-cruise-terminal/

Med ports amid Red Sea crisis: The two sides of the same coin

The Red Sea crisis has significantly impacted the global shipping industry with the Mediterranean ports experiencing various effects from the ongoing disruption.

Container News carried out a comparative analysis of the major Mediterranean ports of Tanger Med (Morocco), Piraeus (Greece), Port Said (Egypt) and Valencia (Spain), aiming to highlight the level of impact and resilience amid the continuing crisis.

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https://container-news.com/med-ports-amid-red-sea-crisis-the-two-sides-of-the-same-coin/

How Red Sea Tensions Are Redefining Global Trade Routes

As geopolitical tensions escalate around the Red Sea, several ports have benefitted from the rerouting of the vessels, gaining traction, while others have seen their container volumes shrink due to the continuing Houthi attacks.

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https://container-news.com/how-red-sea-tensions-are-redefining-global-trade-routes/

Safety concerns emerge after container collapse at COSCO’s Piraeus Port

Several containers collapsed at the COSCO-owned port of Piraeus on October 5, prompting port workers to voice their deep concerns about safety issues.

The port workers’ union stressed that if the incident had occurred moments earlier or later, lives could have been lost. Despite the dangers, COSCO continues to prioritize profits over worker safety, according to the union.

Greek Workers demand action for better safety measures, highlighting dockworkers on the United States East Coast, who...

https://container-news.com/safety-concerns-emerge-after-container-collapse-at-coscos-piraeus-port/

Trade Routes in Turmoil: Valencia capitalizes on vessel re-routings, Gulf ports under pressure

Theo Notteboom, a PortEconomics member, compiled data revealing container traffic trends at the top 15 container ports within the European Union during the first half of the year. Notably, Piraeus, one of the major Mediterranean ports, experienced substantial traffic losses. Notteboom attributed this downturn to the East Mediterranean becoming a maritime dead end following a dramatic drop in Suez Canal transits.

Container News further investigated the implications of these disruptions on the...

https://container-news.com/trade-routes-in-turmoil-valencia-capitalizes-on-vessel-re-routings-gulf-ports-under-pressure/

Egypt’s high risk and fragility create challenges for East Med

This analysis highlights the intricate relationship between geopolitical stability, supply chain dynamics, and port operational efficiency. The port connectivity indices and container throughput across three key subsystems—East Med, Red Sea, and Gulf of Aden—are significantly influenced by underlying geopolitical and economic conditions.

These subsystems are represented by key ports: Piraeus, Port Said, Jeddah, King Abdullah, and Salalah.

The port connectivity index for individual ports, as well...

https://container-news.com/egypts-high-risk-and-fragility-create-challenges-for-east-med/

Top 10 Container Ports in Europe: Piraeus position at risk

PortEconomics member Theo Notteboom compiled a table showing the year-on-year TEU growth in the top 15 container ports in the European Union during the first six months of the year.

“While 2023 was characterized by a strong to moderate traffic decline in most ports, the first half of 2024 brought double-digit growth in seven of the top 15 ports,” pointed out Notteboom.

As seen in the table, Portugal’s port of Sines, Spain’s ports of Valencia and Barcelona, France’s HAROPA complex, Germany’s...

https://container-news.com/top-10-container-ports-in-europe-piraeus-position-at-risk/

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