Cosco Group

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Four suitors for Thessaloniki Port, Cosco is not involved

Four bids are expected to be tabled this week for the 67 percent stake in Thessaloniki Port Authority, Kathimerini understands.

The deadline of the tender - which has been going on since the summer of 2014 - is this Friday at 7 p.m. and the binding bids will be tabled at Morgan Stanley in London.

Cruise operators eyeing Piraeus port upgrade

Greek port representatives and cruise operators presented ambitious and detailed plans to large and small cruise company representatives in dozens of one-to-one meetings at a global fair in Florida in the United States last week. What's more, this is in a year when cruise ship calls are set to drop 30 percent in Greece, along with a 10-15 percent drop in passengers.

Piraeus, Med's biggest port, plans its next development steps

With 16.54 million passengers in 2015, Piraeus is the biggest coastal shipping port among 69 organized ports in the Mediterranean, according to data compiled by MedCruise, while the new management of Piraeus Port Authority (OLP), controlled by the Cosco Group since last year, is preparing to add to its real estate as a part of its general upgrading plan.

Cosco reports February fall in containers handled in Piraeus

Cosco Group announced on Wednesday a 2.8 percent increase in the number of containers handled by its subsidiary in Piraeus (Piraeus Container Terminal) in the first couple of months this year from the same period in 2016. The total number of containers handled came to 546,600, against 531,700 last year.