Piraeus Port Authority

A Greek ferry with 80 passengers on board was the first ship to dock at Piraeus port on 2020, state-run news agency ANA-MPA reported Wednesday.

Olympus, operated by Sea Speed Ferries, arrived at the port at 2.52 a.m. on Wednesday morning, after completing the journey from Rethymno to Piraeus, with stops in Santorini and Milos.

On a day of pressure for Greek stocks and bonds, the benchmark of the local bourse came away from Thursday's session relatively unscathed, managing to remain above the 900-point mark, while the gainers and the losers ended up level.

Piraeus is expected to be among the top four ports in Europe for 2019 in terms of container traffic, and the top in the Mediterranean, as Cosco-owned Piraeus Port Authority saw the unloading of the 5 millionth container to pass through the port this year, aptly from a Cosco ship.

The Piraeus Port Authority said on Friday that it broke up a racket supplying migrants with forged travel documents.

Six suspected gang members were arrested, all foreign nationals.

Port authority officials made the six arrests after raiding two homes and a restaurant in Metaxourgeio, Patissia and Acharnes.

Stocks in Athens resisted pressures and continued their upward trajectory on Monday, with banks getting the credit for grabbing investors' attention and leading the benchmark higher, although turnover remained below the 50-million-euro mark. Traders appear to be pricing in a likely Greek credit rating upgrade this Friday by Standard & Poor's.

The Greek bourse had another mixed day on Tuesday, with the market awaiting feedback from Brussels regarding the draft budget Athens has submitted, but in the end all indexes closed in the black thanks to a number of stocks posting firm gains.

Greece's Port Planning and Development Commission (ESAL) last week approved an investment plan by Chinese shipping giant Cosco for its subsidiary, Piraeus Port Authority (OLP), in essentially the same form that it had been agreed upon with the previous administration - with a reduction to the planned size of a shopping center and car terminal - but put a freeze on a proposal for an additional i

Piraeus Port Authority (OLP), operator of Greece's largest port, has increased its investment plans to attract more business to what is one of Europe's biggest harbors, a government spokesman said on Wednesday.
OLP, majority owned by China's Cosco Shipping, has submitted an 800-million-euro plan to Greece's Shipping Ministry, government spokesman Stelios Petsas told reporters.

Piraeus Port Authority (OLP), operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbors, a government spokesman said on Wednesday.
OLP, majority owned by China's COSCO Shipping, has submitted to Greece's shipping ministry an 800-million-euro plan, government spokesman Stelios Petsas told reporters.

Fresh pressure on bank stocks inflicted losses on the benchmark of the Greek stock market on Tuesday, while trading volume remained sluggish.

The Athens Exchange (ATHEX) general index closed at 853.89 points, shedding 0.77 percent from Monday's 860.51 points. The large-cap FTSE-25 index contracted 0.64 percent to end at 2,107.21 points.