Following the recent proclamation by German newspaper Die Zeit that Piraeus is “the world’s fastest-growing port, and will be the largest port in the Mediterranean by 2019,” Zhang Anming, deputy general manager of COSCO Shipping’s subsidiary PCT at Piraeus predicts that in one and a half years it will “become the largest port of the Mediterranean, from third as it is today.”
“The transport of goods has more than tripled over the last years in Piraeus. Container traffic increased by 6.4% in 2017 compared to 2016, from piers II and III of the port of Piraeus, managed by the Piraeus Container Terminal. In absolute numbers:
In 2017, 3,691 million containers were transported (Teus) compared with 3,471 million in 2016. In 2018 we can surpass the five million,” noted Zhang Anming.“In one and a half years, Piraeus will become the largest port of the Mediterranean, from third as it is today,” Zhang said in a statement to the Athens-Macedonian News Agency (ANA).
“Piraeus is the fastest growing port in the world. Only this year, the management seeks to increase freight traffic by 35%,” he continued.
COSCO is determined to further upgrade Piraeus as the central gateway for Euro-Asian trade since it is the first European port after Suez. The head of the PCT also said that the Chinese group has contributed to the development of the port, creating 1,600 jobs. Chinese investment at Piraeus port has also upgraded the surrounding region, increasing the investment.
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