Piraeus Port inks deal with Port of Guangzhou

PPA S.A. ink MoU with Port of Guangzhou

Piraeus Port (PPA S.A.) has entered a partnership with the Port of Guangzhou in China, ranking among the top 10 largest commercial ports globally.

The Memorandum of Understanding (MoU) was signed in a ceremony hosted at its premises by the Deputy CEO of PPA S.A. Panagiotis Tsonis and the Deputy General Manager at Guangzhou Port Group, Song Xiaoming.

Under this MoU, the governing bodies of both ports committed to enhancing their partnership, establishing a lasting alliance that anticipates present and future challenges.

READ: Piraeus Port achieves historic financial performance

Both parties further pledged to escalate joint endeavours towards investments aimed at transitioning into environmentally sustainable ports and exploring innovative solutions to minimise carbon emissions.

Finally, they agreed to closely collaborate on port digitisation and automation, ensuring a continual exchange of expertise and innovative technologies.

Yu Zenggang, Chairman of PPA S.A., expressed profound satisfaction at the signing of the cooperation between the Ports of Piraeus and Guangzhou.

He stressed that for PPA S.A., fostering continuous development, progress, modernisation and technological advancement through the exchange of knowledge, experiences, and advanced technologies, is paramount in addressing global challenges such as climate change and is a pivotal strategy for port management and decision-making in the port of Piraeus.

In October 2023, the Port of Los Angeles and the Port of Guangzhou signed a Memorandum of Understanding (MoU) to further their relationship and cooperation.

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