Tag: OLP

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Piraeus municipality objects to shopping mall, tall buildings envisioned in port authority’s master plan

Panos - Oct 24, 2018

The mayor of Piraeus, the municipality that hosts the same-name port, the biggest and busiest in Greece, this week outlined his administration's objections to a master plan…

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Piraeus Port Authority reports higher profits, turnover for H1 2017

Panos - Sep 26, 2017

The Cosco-managed Piraeus Port Authority (PPA) on Monday announced higher profits and turnover in its H1 2017 results. Specifically, turnover reached 520 million euros over the first…

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Greek port Piraeus agrees to ship Chinese cargo to Europe

Panos - Jun 13, 2017

The Piraeus Port Authority, together with China's COSCO Shipping, the majority shareholder of PPA, and the world's largest commercial port of Shanghai, signed two memorandums of understanding…

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Cosco to create second logistics center at OLP

makis - Feb 21, 2017

Cosco is activating its plan to create a second logistics center in Piraeus through the Piraeus Port Authority (OLP) it controls, having decided against entering the tender…

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Greece saves face on COSCO deal

Panos - Jul 01, 2016

The Greek state managed to save face on COSCO deal for the Piraeus port Authority (OLP), as a day after the controversy came to light 223 deputies…

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Cosco disagreement with contract submitted in Parliament for port of Piraeus

Panos - Jun 30, 2016

Chinese multinational Cosco has very publicly aired its disagreements with several points in a tabled draft bill containing the contract that transfers a majority of the Piraeus…

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Parliamentary committee to examine the revised OLP-Cosco deal

Panos - Jun 29, 2016

The revised agreement with Cosco for the Piraeus Port Authority (OLP), which will see the Chinese firm acquire 67% of the company’s shares, will be debated in…

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Fears of protracted strike at Piraeus, Thessaloniki ports

Panos - May 23, 2016

Workers at the Piraeus Port Authority (OLP) and the Thessaloniki Port Authority (OLTH) are due to go on strike to protest privatisation plans on Thursday, prompting fears…

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President of Cosco says Port of Piraeus can help boost Greek recovery

chris1 - Apr 10, 2016

Greece stands to benefit from China’s growing global influence, while the port of Piraeus can play a pivotal role in the development of its economy, said Xu…

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Workers protest as Greece sells Piraeus Port to China COSCO

ilias1 - Apr 09, 2016

Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation  on Friday, while striking dockworkers protested against what will be the country's second major privatization…

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Agreement with Cosco for OLP privatization signed at noon

Panos - Apr 08, 2016

The Prime Minister Alexis Tsipras will be preside over the signing of the agreement between privatization fund TAIPED and China’s Cosco shipping corporation for the Piraeus Port…

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Sale of 67 pct stake in Piraeus Port Authority approved

makis - Mar 08, 2016

Greece's Court of Audit has approved the sale of a 67 percent in the Piraeus Port Authority (OLP) to Chinese giant Cosco, sources at the TAIPED privatization…

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Piraeus port regulator to suppress OLP

makis - Feb 22, 2016

The draft law for the creation of the Piraeus Port Public Authority (DALP), currently being drawn up by Merchant Marine Minister Theodoros Dritsas, is seen by the…

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Greece to open offers for Piraeus Port on Tuesday

Panos - Jan 11, 2016

Greek authorities on Tuesday will open financial offers submitted in a tender to buy 67 pct of Piraeus Port Organization, a process characterized as the country's biggest…