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Piraeus Port climbs to the second place in the Med

Cosco broke a new record in 2018, handling a total of 4.90 million teu, an annual 18.4 percent rise compared to 2017, the company running the port of Piraeus said this week, adding that Piraeus was now the second largest port in the Mediterranean after Valencia.

More specifically, piers II and III handled 4.41 million teu against 3.69 million teu in 2017, while the Cosco-managed Piraeus Port Authority (PPA) pier handled 499,000 teu compared to 454,000 a year earlier and is expected to break the 500,000 teu mark.

In view of the growth in 2018, Piraeus is the second largest container port in the Mediterranean, ranked 7th in Europe, and 37th – up from the 44th spot in 2016 – globally.

Read more on GTP.

 

Source: GTP
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