Piraeus Port shipbuilding activity jumps 21 pct in H1

Piraeus Port Authority (OLP) recorded a 21 percent increase in its shipbuilding and repairs activity in the first half of the year, with 207 ships serviced in that period, compared with 171 vessels in the same period of 2017.

The growth was achieved despite the fact that the new floating dock, Piraeus III, was not fully operational in the first few months of 2018. The port's second floating dock, Piraeus II, was transported to the east pier of the shipbuilding repair area in the first half of the year.

The operation of Piraeus III, in conjunction with other infrastructure upgrades in the shipbuilding zone, has already attracted companies and is contributing to the improvement of competitiveness and the implementation of Greek know-how in the shipbuilding sector.

The new floating dock, measuring 240 meters in length, can service ships with a carrying capacity of...