Strengthening the position of the Port of Piraeus as an international vehicle transshipment hub.
28 April 2025. The Port of Piraeus took a significant step in expanding its role as a key vehicle transshipment hub in the Eastern Mediterranean with the arrival of the MV COSCO SHENG SHI, from COSCO Shipping Car Carriers to call at the Greek port, marking the launch of a new regular monthly service by China’s largest maritime vehicle transport provider.
The Pure Car and Truck Carrier (PCTC), measuring 182.8 meters in length and 32.2 meters in width with a capacity of 5,276 vehicles, discharged 199 GEELY passenger cars and 17 electric buses on its maiden stop in Piraeus.
COSCO Shipping Car Carriers operates a fleet of more than 13 modern PCTC vessels. The decision to include Piraeus in its regular rotation underscores the port’s strategic importance in the global automotive supply chain.
Su Xudong, CEO of PPA S.A., stated: “We are particularly pleased to welcome the MV COSCO SHENG SHI to the Piraeus Car Terminal. The launch of this new service is a strong vote of confidence in the capabilities of our port. The inclusion of Piraeus in a regular COSCO shipping line further strengthens PPA’s transshipment potential, confirms the port’s attractiveness, and is expected to generate significant multiplier benefits for the Greek economy.
Our strategy is focused on further reinforcing the Car Terminal, through investments in infrastructure, automation, and green technologies, firmly establishing Piraeus as a vital link in the global supply chain. We remain committed to implementing our investment plan, aiming to diversify services, enhance international collaborations, and increase the port’s competitive advantage in sectors of strategic importance.”
About PPA S.A.
Piraeus Port Authority SA is an Athens Stock Exchange listed company engaged in the management and operation of Piraeus port, Greece’s largest port and one of the largest integrated harbours in
Europe, providing a complete range of services. Some of the company’s activities involve cruise, coastal (/passenger), container and car terminal services, as well as general cargo, ship repair, logistic and free zone services. The main shareholder of Piraeus Port Authority S.A., with a stake of 67 percent, is COSCO SHIPPING, one of the largest maritime companies in the world.
Over the last decade the company has experienced a remarkable growth in all port activities, which is still underway, largely contributing to the country’s economy, while driven by green development and increased digitalization, alongside a people-first approach and a spirit of giving back to the society.
PPA holds the ”ECO PORT” PERS status, is included in the Athens Stock Exchange ESG index and is one of the “Most Sustainable Companies in Greece 2024”.
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