The Port Authority of Piraeus has signed a five-year agreement of cooperation with the shipping company Mediterranean Shipping Company (MSC) in order to ensure traffic to the container terminal at Pier I of the greek port, which came into operation on 1 June 2010 and is run by the Piraeus Port Authority (PPA).
The agreement, which was signed by the chairman and chief executive of the PPA, Yiorgos Anomeritis, the manager of the MSC, Raffaele Porzio, and Christina Theodoros, president of MSC Hellas, the Greek subsidiary of the shipping group, is related to the period of five years from 1 July 2012-1 July 2017 and provides for automatic renewal for another five years.Furthermore, the agreement acknowledges the friendly agreement between the Port Authority and the Piraeus Container Terminal (PCT), the company fully controlled by the terminal operator China COSCO Pacific, which operates the container terminal at Pier II greek port and to organize and manage the eastern portion of Pier 3, agreed to resolve some disputes going on between the two parties relating to the financial and execution of works on the areas under concession to PCT.
The agreement with MSC provides inter alia that the group owner in the port greek realize a minimum annual container traffic of 150,000 TEU containers.
The Port Authority of Piraeus has stressed the importance of the agreement with MSC that not only is the second largest group worldwide in the transport of containers, but it is also a leading cruise company, as did three other groups cruise world - has specified the port authority - has expressed its intention to participate in the expansion of the cruise business in the port of Piraeus.
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The Port Authority of Piraeus has signed a five-year agreement of cooperation with the shipping company Mediterranean Shipping Company (MSC) in order to ensure traffic to the container terminal at Pier I of the greek port, which came into operation on 1 June 2010 and is run by the Piraeus Port Authority (PPA). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
