Log in
A+ A A-
latest youtube videos subscribe ORIGINAL
22ndannualcapital

Container traffic in Piraeus port up 9.6 pct in Q1

Container traffic grew 9.6 pct in the first quarter of 2016 in the piers II and III operated by Piraeus Container Terminal, a subsidiary of Cosco Pacific Ltd, with traffic totaling 806.9 thousand containers, up from 736.4 thousand in the corresponding period last year.

In March, the terminal operated 275.1 thousand container boxes, up 3.2 pct from March last year, a trend reflecting the fact that several shipping companies were opting the port of Piraeus as their logistics hub for the transport of their containers to east and central Europe.
Company officials, however, said that the railway track in Idomeni remained closed for around 31 days despite promises made by authorities that the track will be operational again. This has led the company to seek alternative transport routes, via Bulgaria and Romania, at a significant cost for the company, of around 6,000 euros per train.