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Tag: PPA | Ferry Shipping News

Mar 17
4

Port of Piraeus: financial results for the year 2021

By | 2022 Newsletter week 11 | No Comments

+16% turnover € 154.2 million (€ 132.9 million)

+33% profit before taxes amounted € 49.2 million (€ 36.9 million)

+39% profit after taxes € 36.8 million (€ 26.4 million)

+57% Proposed dividend per share € 0.63 (€ 0.40)

The above amount is the highest level of profitability in the PPA history. Compared to the previous year, Pier I at the Container Terminal performed an increase of 13,9% in TEU handling, Car Terminal had an increase of 40,6% in vehicles throughput, the Cruise Terminal achieved a significant recovery by facilitating a total number of 379 Cruise Vessels and the number of vessels at the Ship Repair docks had an increase of 16.5%.

Oct 02
0

Port of Piraeus PPA Weathers the Covid Storm Pretty Well

By | 2020 Newsletter week 40 | No Comments
  • -5.8% turnover EUR 66.5 million (70.6)
  • -4.7% profit before tax EUR 20.9 million (21.9)
  • -2.2% earning after taxes EUR 15.5 million (15.9)

This change is mainly due to the significant reduction of revenues from:

  • the cruise sector EUR 3.7 million,
  • the revenues of the Coastal Shipping sector by EUR 1.6 million
  • the revenues from the Car Terminal by EUR 2.2 million

The above decrease was mainly counterbalanced by an increase in revenues at the Container Terminal and revenues from the Ship Repair sector.

Source: THPA
Nov 21
0

PPA Broke the 5 Million TEU Limit

By | 2019 Newsletter week 47 | No Comments

Piraeus Port Authority (PPA) S.A. officially announced that on November 18th, 2019 it handled the container with number CSUN7025891. It was unloaded from the COSCO Shipping vessel CAPRICORN, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year. The fact that the five million limit is already broken in November, brings the Port of Piraeus closer to the first position in the Mediterranean and possibly among the top four ports in Europe.