Piraeus Port Container Handling Leader in the Med

Piraeus port. Photo Source: Lloyd’s List

Piraeus port leads the way in container handling capacity in the Mediterranean, holding fourth spot in Europe, and 26^th rank globally, according to the One Hundred Container Ports 2020 report released by Lloyd’s List.

More specifically, the Cosco-managed Piraeus Port Authority (PPA) handled a total of 5.65 million teu (twenty-foot equivalent unit) against 4.9 million teu in 2018, recording a 15.1 percent rise and outperforming the ports of Valencia, Bremen and Algeciras.

Thanks to the handling capacity of piers ΙΙ and ΙΙΙ, Piraeus port has moved up the ranking to 26^th in the world marking 70 percent growth since 2015.

In last year’s report (for 2018) Cosco broke a new record, handling a total of 4.90 million teu, an annual 18.4 percent rise compared to 2017, with Piraeus the second largest port in the Mediterranean after Valencia.

In 2017, Piraeus port ranked 44th among 100 of the world’s largest container ports by Lloyd’s List and moved up in 2018 to 32^nd spot.

Leading in Europe is the port of Rotterdam, (10th worldwide) handling 14.8 million teu, followed by Antwerp in second place (13th globally) with 11.8 million teu and Hamburg in the third spot in Europe (17th globally) with 9.3 million teu.