TransportationCOSCO faces backlash as it moves to tighten grip on Greek port
Chinese conglomerate has made Piraeus the Mediterranean's busiest sea freight hub
Chinese President Xi Jinping, left, with Greek Prime Minister Kyriakos Mitsotakis at COSCO’s freight terminal in Piraeus in November 2019. © Reuters
JENS KASTNER and GIANNIS SEFERIADIS, Contributing writers
December 29, 2020 15:25 JST
HAMBURG, Germany/ATHENS -- Global conglomerate China COSCO Shipping is gearing up for a fight as it seeks to tighten its grip over the Greek port of Piraeus, the once-sleepy harbor that it has turned into the Mediterranean's busiest hub for sea freight.