12 Aug 2016 / Piraeus, Greece
China Cosco Shipping Corporation has completed the acquisition of a 51 percent stake in the Piraeus Port, the largest port in Greece. Cosco Shipping Hong Kong has officially become the controlling shareholder of the port, and now takes over its management and operation.
Cosco has operated two container terminals in Piraeus since 2009 under a 35-year concession agreement.
For information about operations in Greece, contact GAC Greece in [email protected]
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