Friday, September 11, 2015
The Port of Piraeus is among the world’s leading container ports, according to Lloyd’s List 2015. For the first time in its history, and despite the country’s economic turmoil, Piraeus has risen to the 39th position in the "Containerisation International Top 100 Ports" list, based on cargo capacity and movement of its container ships. In just four years, Piraeus moved up 54 positions, growing into one of the world’s most competitive ports, thanks to the effective implementation of strategic collaboration policies with large terminal operators, such as Cosco.
Meanwhile, the Piraeus Port Authority achieved enhanced profitability in the first half of 2015, with a 130.5 percent increase in after-tax profit to 7.6 million euros, compared to 3.3 million euros in the first half 2014. "Despite the ongoing economic crisis, which affects the areas of trade and transport and hence the company’s activities, the PPA showed once again positive results by significantly increasing its profitability in the first half", stated the President and CEO of PPA, J. Kouvaris.
