After operating Pier II of Greece’s Piraeus port since 2009, COSCO finalized a deal to purchase a 51% share of the port in August of 2016. Over the next five years, this share is expected to ...
ATHENS/LONDON (Reuters) - Greece's biggest port Piraeus is operating normally following a U.S. blacklisting this week of its majority owner, China's largest shipping group COSCO, while the Greek ...
Cosco solely controls the port in Piraeus, Greece. This situation is highly concerning the risks of cybersecurity threats and potential data leaks as stated in the report. The authors suggest that ...
COSCO, as it is known has bought a 67% stake in the port of Piraeus for €368.5 million, and has also agreed, as part of the deal, to invest €500 million in improving facilities at Piraeus ...
One of Cosco’s most important trade routes is the transpacific route, which accounts for 28% of its total shipping volume. Trade between China and North America makes up a significant part of ...