Commercial port (new COSCO terminal) of Piraeus, Athens, Greece / Handelshafen von Piräus, Athen

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Uploaded by on Nov 10, 2010

Commercial port (new COSCO terminal) of Piraeus, Athens, Greece / Handelshafen von Piräus, Athen, Griechenland

China Ocean Shipping (Group) Company, known as COSCO or COSCO Group, is one of the largest liner shipping companies worldwide. It is a government owned company of the People's Republic of China. Its headquarters is in Ocean Plaza in Xicheng District, Beijing.[1][2]

According to the company, it owns over 130 vessels (with a capacity of 320,000 twenty-foot equivalent units (TEU)) and calls on over 100 ports worldwide.[3] It ranks sixth largest in number of container ships and ninth largest in aggregate container volume in the world.[4]

The Group contains 6 listed companies and has more than 300 subsidiaries locally and abroad, providing services in freight forwarding, ship building, ship repair, terminal operation, container manufacturing, trade, financing, real estate, and IT. The Group owns and operates a fleet of around 550 vessels, with total carrying capacity of up to 30 million metric tons deadweight (DWT).[5]

They are the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China.

http://en.wikipedia.org/wiki/COSCO

Piraeus (pronounced /paɪˈriːəs/; Modern Greek: Πειραιάς, Peiraiás, [piɾɛˈas], Ancient Greek: Πειραιεύς, Peiraieús) is a municipality in the periphery of Attica, Greece, and a part of the Athens urban area, located 12 km southwest of its center on the northeastern coast of the Saronic Gulf.

Piraeus is Greece's third largest municipality and the second of the Greek capital following the municipality of Athens, with a population of 175,697 people (in 2001)[1] and an area of 11 km2 (4 sq mi).[2] The Piraeus urban area extends beyond the administrative city limits to the suburban municipalities, with a total population of 466,065 (in 2001)[1] and a land area of 50 km2 (19 sq mi).[2] The city is the administrative capital of the Piraeus Prefecture. Situated upon the Saronic Gulf, the Piraeus port is the largest passenger port in Europe[3][4] and the third largest in the world,[5] servicing about 20 million passengers annually. With a throughput of 1.4 million TEUs, Piraeus is placed among the first ten ports in container traffic in Europe and the top container port in Eastern Mediterranean.[6]

Piraeus has a long history, which dates back to ancient Greece. The effects of its natural space and geographical place have been critical factors for the configuration of the historical fate of Piraeus. The development of the harbour has been always combined with periods of proportional acme and progress of the city, while in the periods of the harbour's decay the city languished. The city was largely developed in the early 5th century BC, when it was selected to serve as the port city of classical Athens and was transformed into a prototype harbour, concentrating all the import and transit trade of Athens. Consequently, it became the chief harbour of ancient Greece but declined gradually after the 4th century AD, and began to grow again in the 19th century, especially after the declaration of Athens as the capital of Greece. In modern era, Piraeus is a big city bustling with life and an integral part of Athens, having the biggest harbour in the country and all the typical characteristics of a huge marine and commercial-industrial center.

http://en.wikipedia.org/wiki/Piraeus

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