The Piraeus Port Authority has reported a positive financial performance for the first half of 2024, showing increased revenue and profit. Operated by China’s COSCO Shipping Ports Limited, the authority achieved total revenue of €107.1 million, marking a 4.6% increase from €102.4 million in the same period of 2023. This growth can be attributed to several factors, including a rise in container throughput and enhanced operational efficiency. The port has seen a boost in its cargo handling services, which has led to higher revenue from shipping lines and logistics operations. Additionally, increased trade activity in the region has contributed to the positive results, reflecting Piraeus's strategic importance as a key Mediterranean gateway. The report underscores the effectiveness of COSCO’s management in driving improvements at the port, positioning Piraeus as a competitive player in global maritime trade. As the port continues to expand its capabilities and services, it aims to sustain this growth trajectory in the coming months and years.