Press Releases

One of the biggest and most luxurious cruise ships of the world "SPECTRUM OF THE SEAS" called at the port of Piraeus and welcomed by the PPA Deputy CEO Capt. Weng Lin and other executives of PPA S.A., in the presence of representatives from cruise associations.
The President of New Democracy, Mr. Kyriakos Mitsotakis visited the headquarters of PPA today Wednesday 17th of April 2019 and had a meeting with the CEO of PPA S.A. Captain Fu Chengqiu and other executives of the company. After the meeting, a tour at the port facilities followed with Mr. Angelos Karakostas, Deputy CEO of PPA S.A.
A courtesy visit to PPA S.A. held by the Commanding Officer of the American navy ship USS MITSCHER CDR Ian Scaliatine, accompanied by navy officers, who stated very satisfied with the port services.
The Ambassadors of approximately 30 countries in Athens made an official visit, in the presence of China Ambassador to Greece Mrs. Zhang Qiyue, at the headquarters of PPA and met with the CEO of PPA S.A. Captain Fu Chengqiu and other executives of the company. After the meeting, a tour at the port facilities followed.
The annual briefing to the Hellenic Fund and Asset Management Association for the results of PPA S.A. for the year 2018 took place at the headquarters of PPA S.A. in the presence of the CEO of PPA S.A. Captain Fu Chengqiu, Mr. Angelos Karakostas, Deputy CEO, Mr. Athanasios Liagkos, Member of the Board of Directors and Management Consultant, Mr. Tian Chao, CFO and other executives of the company. 
PPA S.A. announces the signing of the New Collective Labor Agreement with the representatives of the Union of Supervisors & Foremen of Piraeus Port Authority, after negotiations. The agreement was also signed by the chairman of the Union of Stevedores (O.F.E.) Mr. Symeon Leftheriotis. The validity of the new collective agreement is three years.
PPA S.A. was honored with a Special Award in the "Environment" category for the "Environmental Quality Monitoring Programs in collaboration with Academic Institutions and Special Scientific Associates” during the 4th Annual Sustainability Summit 2019, organized by the Centre for Sustainability and Excellence (CSE) in cooperation with the MBA International of the Athens University of Economics and Business.
The concept of «environmental sustainability» is widespread and is being implemented with the main objective of maintaining change in a balance, where the exploitation of resources, the investment direction, the technological development orientation and institutional changes are all harmoniously developed and respect both human needs and the environment.   
The Board of Directors of PPA S.A. approved the Annual Financial Report 2018 according to which:The revenues amounted to € 132.9 million compared to € 111.5 million in the period of 2017, showing an increase of 19.2%. This change is mainly due to the revenues increase from the concession fee by 27.8% or approximately by € 12.2 million and the revenues from the Container Terminal by 25.3% or approximately by € 5.1 million. A further increase in revenue was recorded…
The Deputy CEO Capt. Weng Lin and executives of PPA S.A. welcomed one more newly built cruise ship of VIKING OCEAN CRUISES, the sixth one, and handed an honorary plaque to the Cruise Director Mark Andrew Brignoneand books for the ship's library.