Press Releases

During last four years, Piraeus Port Authority S.A. is punctually investing in the ship repair infrastructure with prime aim to develop the industry's competitiveness in Perama ship repair zone, as a matter of priority of the port’s development plan. From 2016, a series of investments and achievements have been materialized.
A delegation team from the Embassy of Italy in Athens visited the PPA on September 23rd, 2020. The Ambassador of Italy H.E. Patricia Falcinelli had a meeting with the BoD Chairman of PPA S.A. Mr. YU Zenggang and the PPA Deputy CEO Capt. Weng Lin at the headquarters of the Company.
PPA S.A. announces that it participated for one more year in the Annual Greek Roadshow organized by Athens Stock Exchange, which, because of the current conditions, took place virtually with the participation of a large number of listed companies and investors.
The cruise ship “Mein Schiff 6” departed from Piraeus last night and the disembarkation/ embarkation of the passengers was successfully completed under strict safety measures, in compliance with all the relevant protocols.
To further expand the strategic importance of its port for the international vehicle trade, the Piraeus Port Authority (PPA) S.A., member of COSCO SHIPPING group, has decided to invest into end-to-end digitization and optimization. The company has awarded a project to the well-known optimization specialist INFORM from Aachen, Germany, to improve the efficiency and transparency of vehicle handling at the port's car terminal.
Acceptance of the resignation of the PPA SA CEO Capt. FU Chengqiu -Nomination of Mr. Zhang Anming as executive PPA SA BoD member - Assignment of PPA SA CEO duties -Reconstitution of the PPA SA Board of Directors.    
The Annual General Assembly of the PPA S.A. shareholders took place today Friday 17th July 2020 with a quorum of 86.41% and approved among other items the Annual Financial Statements and the Dividend Distribution for the financial year 2019, which, as the Board of Directors proposed, amounts to € 0.5388 per share, compared to € 0.424 of the previous year (an increase of 27%).
Piraeus Port Authority, meeting a relevant request of the Hellenic Chamber of Shipping, approved the docking of the museum ship "Thalis o Milissios" without any finance charge, in order this historic ship to remain navigable and visitable.
The Green C Ports European Project has been awarded the 2020 World Port Sustainability Award of the International Association of Ports and Harbors (IAPH) in the ceremony which took place online on June 24, with the participation of port authorities from around the world and representatives of the European Commission and of the project itself. Specifically, Green C Ports was distinguished in the category of “Resilient Infrastructure”.
P.P.A. S.A. announces that today, Friday, on the 26th of June of 2020, the BoD Chairman Mr. YU Zenggang signed with the representatives of the PPA S.A.’s employees the prolongation of the validity of the company’s Collective Labor Agreement. Both parties agreed to continue with the negotiations during summer and to reach an agreement about the new CLA the soonest possible.