By Antonis Tsimplakis

 

The Piraeus Port Authority (PPA) received the True Leaders business award and the "ESG Leading Award Company of the Year."

 

The True Leaders business award, which is presented by ICAP CRIP, a leading group specializing in credit risk and credit rating solutions, rewards companies that have managed to stand out in the Greek market, based on objective criteria. PPA received the "True Leaders" title again this year, as the company, which has a large number of employees and ranks the top in the port sector, was included in the 500 companies with the highest profitability (EBITDA) for 2023.

 

The "ESG Leading Award Company of the Year" is organized by Naftemporiki, with the aim of highlighting the importance of responsible entrepreneurship and sustainable businesses and recognizing the work of those companies that shape their business strategy taking into account ESG criteria and sustainable development.

 

Su Xudong, CEO of PPA, expressed the satisfaction of the management for these two important awards that company received, noting that it is the result of the systematic work that has been carried out. The company’s strategy aims at promoting the development and modernization of Piraeus across the entire spectrum of port activities and at the same time ensuring sustainability, especially on ESG criteria.

 

Containers are "returning" to Piraeus port

 

Container traffic at all three terminals in the port of Piraeus shows a positive performance, though most containerships continue to avoid the Red Sea.

 

From Pier I managed by the PPA, container traffic exceeded 500,000 in the 11-month period, of which 210,000 concerned domestic traffic, recording an increase of 20% compared to last year.

 

At the same time, in transit cargo, container traffic from the same pier amounted to 300,000 TEUs, showing a small decrease of 10% compared to last year.

 

From the piers managed by the Piraeus Container Terminal (PCT), container traffic for the first time recorded a positive sign at a monthly level, showing an increase of 0.3%.

 

According to data from Cosco Shipping Port, in November 2024, a total of 363,000 containers were handled from piers II and III compared to 362,000 in the same month of 2023, recording an increase of 0.3%.

 

In the period January-November 2024, container traffic from piers II and III amounted to 3.861 million TEUs compared to 4.206 million TEUs in the same period of 2023, a decrease of 8.2%.

 

36 terminals

 

The total container traffic in the 36 terminals controlled by Cosco Shipping Ports, a member of the Cosco Shipping Group, continued to increase in November 2024, by 2.3%.

 

Specifically, 9.520 million containers were handled from all terminals managed by Cosco, compared to 9.308 in the same month of 2023.

 

In the first 11 months of 2024, a total of 102 million containers were handled from the terminals managed by Cosco, compared to 96 million in the corresponding period of 2023, an increase of 6.1%.

 

Overseas terminals continued to show strong signs of growth, with their traffic increasing by 4.6% month-on-month, among which Abu Dhabi Terminal L.L.C., CSP Spain and CSP Zeebrugge terminals performed very well, with an increase of 23.6%, 16.9% and 293.8%, respectively.