Piraeus Port Authority replies to unions on PPA-PCT agreement regarding Pier 1

Piraeus, Greece (Ports Europe) April 12, 2020 - Piraeus Port Authority SA (PPA) announced April 2 that Piraeus Container Terminal SA (PCT) will assume responsibility for operating Pier I, previously managed by PPA resources. PPA is part of COSCO Shipping (Hong Kong) Limited and PCT is part of COSCO Shipping Ports Limited. Following comments from OMYLE (Greek labour federation) and PPA unions, PPA has issued the below press release: Press Release - Piraeus Port Authority SA (PPA) - April 10, 2020 The management of PPA, following the press release of OMYLE (Greek labour federation) and the PPA unions dated 6/4/2020, which we read with surprise, would like to inform about the following:a) PPA signed an agreement for the provision of project management services with Piraeus Container Terminal SA (PCT) which had been on-passed to the Greek authorities (GEMI 23639 / 27-02-2020 and 31153 / 18-03-2020) and uploaded on the website of the Athens Stock Exchange and the PPA. This agreement was approved by the Board of Directors of PPA before it was announced, following the recommendation of the Administration Board. b) The benefits of PPA from this agreement will be significant as it ensures the increase of cargo that will be handled at the Pier I by more than 30% annually compared to 2019 and this will be for the benefit of our staff too. It is easily understandable that this percentage is particularly high, bearing in mind the crisis in the trade worldwide caused by COVID-19 as well as the decline in the cruise sector, coastal shipping and RORO. c) Our Company, through the Deputy CEO and responsible for the Labor Dept. and the Manager of Administration & HR informed the Unions’ representatives on 6/3/2020, for the proposed Pier I PCT organizational structure, while explaining the benefits of PPA from this agreement. The Pier I PCT organizational structure which was presented to the unions’ representatives is the same as the one circulated on 1st of April 2020, the day when the agreement between PPA and PCT was officially put into effect. Therefore, the Company has fully fulfilled its obligations according to the PPA General Staff Regulation (article 11.e).Finally, we have made clear to the unions’ representatives through the Management representatives and we make it clear again, that this agreement does not involve any change in the employment status of the PPA employees. Ports Europe Note: Piraeus Port Authority SA (PPA) is operated by China’s COSCO Shipping Ports Limited. Source: Piraeus Port Authority SA

Piraeus Port Authority replies to unions on PPA-PCT agreement regarding Pier 1

All news

1.2 tonnes of cocaine seized in Spain’s Algeciras port

Four tonnes of cocaine seized off the Canary Islands

Russia’s ports handled 4.6 mln TEUs in Jan-Oct’24

New Caspian ferry line Turkmenbashi-Olya might finally launch

Kazakhstan’s ports handled 6.2 mln tonnes of cargo in Jan-Oct’24

Our Expert Analysis

Latest Free Reads

Top Ports

Piraeus Port Authority replies to unions on PPA-PCT agreement regarding Pier 1

Share this news:

All news

1.2 tonnes of cocaine seized in Spain’s Algeciras port

Four tonnes of cocaine seized off the Canary Islands

Russia’s ports handled 4.6 mln TEUs in Jan-Oct’24

New Caspian ferry line Turkmenbashi-Olya might finally launch

Kazakhstan’s ports handled 6.2 mln tonnes of cargo in Jan-Oct’24

Our Expert Analysis

Latest Free Reads

Top Ports