PORT OF PIRAEUS

Europe, China increase trade through Belt and Road Initiative

When China Ocean Shipping Company (Cosco) took over the operation of the port of Piraeus, running the shipyard has been the first project since 2016. Cosco chose Piraeus to be China’s gateway to Europe, under the Belt and Road Initiative, as well as other ports, increasing trade between the continents.

According to the Greek Parliament, Piraeus is the fastest growing port in the world, as it ranks 7th in Europe and 37th worldwide.

However, it was not always like this. After the Greek economic,...

https://safety4sea.com/europe-china-increase-trade-through-belt-and-road-initiative/

Trieste aims to supersede Piraeus

A seaport city of just over 200,000 residents in northeast Italy could play a significant geopolitical role in promoting Eurasian integration. The port of Trieste is only the 11th busiest in Europe by tonnage, but nonetheless is designed to become the western end of the Maritime Silk Road, a key section of Chinese President Xi Jinping’s Belt and Road Initiative to improve connectivity between China and Western Europe.

Zeno D’Agostino, president of the Port Network Authority of the Eastern...

http://container-news.com/trieste-aims-supersede-piraeus/

Greek and Chinese want to upgrade Piraeus port

For several decades the heart of Greece’s ship repair industry was beating at Perama, a western suburb of Piraeus port, until the Greek debt crisis broke out in 2009. Thousands of workers lost their jobs and machines became rusty.

The image of the zone is changing dramatically since China COSCO Shipping took over in 2016 the management of Greece’s largest port after winning an international tender.

Chinese and Greeks work nonstop at this shipyard of Piraeus Port Authority (PPA) as part of a major...

http://container-news.com/greek-chinese-piraeus-port/

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