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COSCO's subsidiaries in Piraeus have signed a contract, marking a significant step for the company in the region.

COSCO's subsidiaries in Piraeus have signed a contract, marking a significant step for the company in the region.
blog image
Maritime

COSCO's subsidiaries in Piraeus have signed a contract, marking a significant step for the company in the region.

The Piraeus Port Authority (PPA) and Piraeus Container Terminal (PCT), both subsidiaries of COSCO Shipping Ports Limited, have signed a contract aimed at clarifying the operational relationship between the two entities. This agreement comes as both organizations continue to play vital roles in the overall functioning of Piraeus Port, one of the largest and busiest ports in Europe. The PPA is responsible for managing the entire port, which involves overseeing a wide range of services, including passenger traffic, cargo handling, and various logistical operations. It ensures that the port operates smoothly and efficiently while meeting the needs of different stakeholders, including shipping companies, freight forwarders, and passengers. In contrast, PCT focuses specifically on container operations, handling the loading and unloading of containerized cargo. By specializing in this area, PCT aims to enhance the efficiency of container logistics and improve service delivery for shipping lines operating at the port. This contract not only defines the roles and responsibilities of each organization but also aims to improve collaboration and coordination between them. With the increasing demand for maritime services and the growing significance of Piraeus Port as a key logistics hub in the Mediterranean, this agreement is expected to foster a more integrated approach to port management and operations, ultimately benefiting all users of the port.


24 Oct 24
blog image
Maritime

COSCO's subsidiaries in Piraeus have signed a contract, marking a significant step for the company in the region.

The Piraeus Port Authority (PPA) and Piraeus Container Terminal (PCT), both subsidiaries of COSCO Shipping Ports Limited, have signed a contract aimed at clarifying the operational relationship between the two entities. This agreement comes as both organizations continue to play vital roles in the overall functioning of Piraeus Port, one of the largest and busiest ports in Europe. The PPA is responsible for managing the entire port, which involves overseeing a wide range of services, including passenger traffic, cargo handling, and various logistical operations. It ensures that the port operates smoothly and efficiently while meeting the needs of different stakeholders, including shipping companies, freight forwarders, and passengers. In contrast, PCT focuses specifically on container operations, handling the loading and unloading of containerized cargo. By specializing in this area, PCT aims to enhance the efficiency of container logistics and improve service delivery for shipping lines operating at the port. This contract not only defines the roles and responsibilities of each organization but also aims to improve collaboration and coordination between them. With the increasing demand for maritime services and the growing significance of Piraeus Port as a key logistics hub in the Mediterranean, this agreement is expected to foster a more integrated approach to port management and operations, ultimately benefiting all users of the port.


24 Oct 24
blog image
Maritime

COSCO's subsidiaries in Piraeus have signed a contract, marking a significant step for the company in the region.

The Piraeus Port Authority (PPA) and Piraeus Container Terminal (PCT), both subsidiaries of COSCO Shipping Ports Limited, have signed a contract aimed at clarifying the operational relationship between the two entities. This agreement comes as both organizations continue to play vital roles in the overall functioning of Piraeus Port, one of the largest and busiest ports in Europe. The PPA is responsible for managing the entire port, which involves overseeing a wide range of services, including passenger traffic, cargo handling, and various logistical operations. It ensures that the port operates smoothly and efficiently while meeting the needs of different stakeholders, including shipping companies, freight forwarders, and passengers. In contrast, PCT focuses specifically on container operations, handling the loading and unloading of containerized cargo. By specializing in this area, PCT aims to enhance the efficiency of container logistics and improve service delivery for shipping lines operating at the port. This contract not only defines the roles and responsibilities of each organization but also aims to improve collaboration and coordination between them. With the increasing demand for maritime services and the growing significance of Piraeus Port as a key logistics hub in the Mediterranean, this agreement is expected to foster a more integrated approach to port management and operations, ultimately benefiting all users of the port.


24 Oct 24