13 years of China-Greece partnership under BRI elevates Port of Piraeus to 29th in global ranking

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  • čas přidán 27. 08. 2024
  • Since China's COSCO Shipping’s took over of Greece's largest but ailing Port of Piraeus 13 years ago, old facilities and route were updated under modernized management.
    In just a decade, Piraeus evolved into the largest port in the Mediterranean, the fourth-largest in Europe, and one of the fastest-growing container ports globally.
    Its role of transportation hub is highlighted via local government’s efforts to set up a subway line from the heart of the city all the way to the port.
    In terms of traditional container business, Piraeus's operating capacity has increased from 685,000 TEUs (twenty-foot equivalent units) to over 5 million TEUs today, making it one of the largest container ports in the eastern Mediterranean region.
    Containers filled with China-branded cars at the crossroads of Asia, Europe and Africa are carefully unpacked and ready to be transported to other European countries via the China-Europe Land-Sea Express Route.
    It cuts transportation time by 7 to 10 days compared to the traditional Gibraltar route, making Piraeus a key hub for China-Europe trade.
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Komentáře • 7

  • @user-iw1dy8wr4r
    @user-iw1dy8wr4r Před 6 měsíci +1

    I wish Piraeus to be the largest port in Europe, bravo Greece and Greek GBU

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