ATHENS, Greece – Greece has formally signed an agreement to sell a 67 percent stake in operating Greece's biggest port to China's Cosco group, a significant step in the debt-crippled country's ...

Chinese shipping giant Cosco has locked in a $5 billion deal at the Greek port of Piraeus. For China, the pier is a strategic gateway for Chinese goods into Europe and beyond. But a former Cosco ...

COSCO agreed to buy 51 percent of Piraeus Port (OLP) in April for 280.5 million euros ($312.51 million) under a deal signed with the HRADF, Greece's privatisation agency.

Chinese Shipping company China Cosco will invest more than $552 million in the Greek Port of Piraeus within the next five years, the company’s president said.

Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purchase of an extra stake in Piraeus, despite running out of time to fulfil a key condition, a top ...

Today, about 20 million passengers go through Piraeus each year. Since COSCO's takeover, it has become the fastest-growing port in the world, according to the industry news outlet Seatrade Maritime.

COSCO Greece objected on Wednesday to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping, saying they were inconsistent with those previously agreed with the Greek ...

China's biggest shipping company, COSCO Shipping, plans to ramp up container volume at Greece's biggest port in Piraeus by 35 percent by 2018, the port's new managing director, Fu Cheng Qiu, told ...

China's shipping and port giant China Cosco Holding Co. is so far the sole bidder for a majority stake in the long-delayed privatization of Greece's main port of Piraeus, two people with direct ...

Greece's privatization fund says China's Cosco Group is the only bidder for a majority stake in the port of Piraeus, which is the debt-mired country's biggest.

For decades, whenever stevedore Giorgos Nouchoutidis arrived for work at the port of Piraeus, he would breathe in the fresh, briny sea breeze and feel a surge of pride. "It's a blessed location ...