Cosco's Piraeus terminal hits million TEU mark in first quarter

25 Apr 2018 11:31 AM | Anonymous

Original news was published 23 April, 2018

COSCO's Piraeus Container Terminal (PCT) surpassed the one million TEU mark in the first quarter, the company announced.

Data from Cosco Shipping Ports shows PCT handled 1,001,400 TEU in the first quarter, up 20.1 per cent year on years from last year's 833,900 TEU.

In March alone, container traffic was also up 20.9 per cent to 347,400 TEU, said Cosco.

Some 4.15 million TEU passed through Piraeus in 2017, up 195 per cent compared to a decade ago in 2007. The performance places Piraeus in seventh place among European Mediterranean ports and third in the Mediterranean.

These increases coincide with the operation of a new floating dock by Piraeus Port Authority (PPA).

The performance makes the Piraeus Container Terminal Cosco's best overseas facility in terms of cargo transport, after Busan Port Terminal Co.