COSCO
EIB to finance part of Cosco’s master plan for Piraeus port
The European Investment Bank has approved a 100-million-euro loan to Cosco to finance part of the Chinese company's investment in the port of Piraeus.
The funds will be used for the first stage of the 612-million-euro master plan, providing for the expansion of the cruise terminal, a new passenger terminal, a car park and a new logistics area.
Cosco’s Piraeus plan approved, in part
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
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Cosco master plan for Piraeus coming up for approval
The Port Planning and Development Commission is meeting on Wednesday to approve Cosco's investment master plan for Piraeus port, whose budget comes to 800 million euros.
Mitsotakis hails Greek cooperation with China
Prime Minister Kyriakos Mitsotakis has praised his country's "win-win cooperation" with China as he renews efforts to rebuild the country.
He made the remarks on Saturday at the opening ceremony of the 84th Thessaloniki International Fair (TIF), the country's largest annual commercial exhibition.
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OLP beefs up investment plan
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.
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Piraeus Port beefs up investment plan, awaits Greece's approval
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.
Tekal wins tender for new Piraeus cruise terminal
Construction company Tekal SA has provisionally won the tender to build the extension of the Piraeus Port Authority (OLP) passenger terminal.
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Piraeus port owner Cosco to submit investment plan
Cosco, the Chinese-owned owner and operator of Piraeus port, is expected to resubmit its 800-million-euro investment master plan to the state Port Planning and Development Commission Friday.
The resubmission comes after the change in government and the dozens of obstacles the previous administration's decisions raised.
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Cosco to expand Piraeus port by building fourth pier
Cosco, the operator of Piraeus port, plans to build a fourth cargo pier, expanding its total investment in the port by 200 million euros to a total of 800 million, well-informed sources say.
PM unveils three-pronged plan for shipping, ports
Prime Minister Kyriakos Mitsotakis announced a three-pronged plan to boost Greece's maritime fortunes during a visit to the Ministry of Shipping and Island Policy in the port city of Piraeus on Thursday.
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