Piraeus Container Terminal sees container traffic increase

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Piraeus Container Terminal (PCT) posted a small increase in container traffic in 2015.

Data released by Cosco on Monday showed that its Greek arm handled 3.03 million containers last year, which constituted a 1.6 percent increase compared with 2014, when terminals II and III handled 2.98 million containers.

Large fluctuations where reported over the course of 2015, i.e. March posted a 21 percent year-on-year increase, while April recorded a 13.2 percent decline.

Piraeus Container Terminal S.A., is a company incorporated in Greece and a wholly-owned subsidiary of COSCO Pacific Limited (world leading container terminal operator ranked in fifth position). As of October 1st 2009, PCT has undertaken for 35 years the implementation of the Concession Agreement for Piers II & III, which, following an international tender process, PPA S.A. was awarded to “CPL” as the bid winner. PCT’s main activities are the provision of loading / unloading and storage services for import and export containers handled via the Port of Piraeus, including cargoes which use Piraeus only as an intermediary station of transport (transshipment cargo). The strategic location of Piraeus makes it an ideal port to be used as a hub for destinations in the Central and Eastern Mediterranean, as well as the Black Sea.

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