OLP

The nationwide port employee federation (OMYLE) has announced a 24-hour strike for all ports in Greece, in response to the...

The State Council Assembly has rejected the appeals launched by the employees of eleven public sector companies, who demanded...

The privatization process for the Port Authority of Piraeus (OLP) will be discussed today in Parliament, with the MPs expected to formally announce the initiation of the sale via TAIPED, while the nationwide federation of dockyard employees OMYLE goes on a 24-hour strike in protest. The Minister of Shipping Miltiadis Varvitsiotis is expected to appear […]

Port employee unions and federation from all over Greece have called a nationwide walk out until 11pm today, as well as demonstrations and rallies outside port administrative centers. Dockworkers have arranged to gather outside the Port Authority of Piraeus (OLP) today at 8am. The federations and unions are demanding that the government ends “its efforts […]

The state privatization fund TAIPED convened yesterday and finalized its plans regarding the sale of a 67% stake in the Port Authority of Piraeus (OLP). After finalizing the plans, TAIPED will send a copy of the terms of the sale to Parliament for consideration. A few weeks ago the Ministry of Shipping decided to include […]

The Port of Piraeus Authority (OLP) and COSCO have signed a new investment deal worth 230 million euros for the construction of Pier III in the west of the port. The recent investments in the country’s largest port have turned Piraeus into one of the leading ports in the Mediterranean. The overall investments in the […]

The Minister of Shipping Miltiadis Varvitsiotis met with the troika representatives on Wednesday and relayed the government’s intentions to fully privatize the port of Piraeus within the next six months. Mr. Varvitsiotis added that as a politician he wants to see through the privatization because does not want to impose any new taxes or take […]

The final decisions regarding the friendly settlement between COSCO and the Piraeus Port Authority (OLP) are to be announced today. All legal differences appear to have been found, thus avoiding arbitration. Sources from the Ministry of Shipping revealed that the Prime Minister handled the matter and that the deal with COSCO is expected to create […]

COSCO and the Piraeus Port Authority (OLP) are to sign a memorandum of cooperation this afternoon at the Ministry of Shipping. Among the provisions is a new investment in the west side of the port. The Prime Minister Antonis Samaras commented that the new investment on the west side will create 500 permanent jobs (aside […]

Cosco’s chairman Wei Jiafu will be in Athens today for the grand opening of Pier 3 in the port of Piraeus’ container terminal. Mr. Jiafu will also discuss the privatization of the port with the Prime Minister Antonis Samaras. After the failure to sell DEPA, the government needs to sell 51% of the Piraeus Port […]

The nationwide federation of port employees (OMYLE) along with the unions of port of Piraeus employees has announced a walk out for Wednesday, in reaction to the scheduled privatization of ports all over Greece. The walkout will take place been noon and 7pm. During the walkout, interventions will be staged at ports all over the […]

The final phase of the privatization of the Piraeus Port Authority (OLP) is underway, with Chinese shipping giant Cosco being interested in purchasing 51% of the company’s shares. According to a report by “Ta Nea”, Cosco’s chairman Wei Jiafu will visit Athens on the 26th of June and is scheduled to meet with Prime Minister […]