Independent journal on economy and transport policy
07:34 GMT+1
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Last year, COSCO Shipping Ports' terminals handled 102.8 million containers, or 4.8%
Traffic at the group's Chinese terminals grew by 2.0% and foreign terminals by 24.0%
January 20, 2020
In 2019, Piraeus Container Terminal (PCT), the COSCO Shipping Ports which handles most of the traffic Greek port of Pireo, handled almost 5.2 million teu, an increase of 17.0% on the previous year which is the result of a growth of 24.4% recorded in the first quarter of 2019 compared to the corresponding period of 2018 followed by a 23.3% increase in the following quarter, a 15.3% in the third quarter and a further easing positive trend with a 6.7% mark in the last quarter of the year. 2019.
Other major Terminals of the Chinese Group in Last year the Suez Canal Container Terminal (SCCT) Egyptian port of Port Said has moved nearly 3.2 million teu (21.1%) and the Spanish subsidiary COSCO Shipping Ports (Spain) Terminals handled 3.6 million teu (-1.0%). In Italy, listed Reefer Terminal at the port of Vado Ligure, of which The Chinese company owns 40% of the capital, has moved 54,400 (-18.2%).
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