Skip to main content

Ports of Piraeus, Venice, Chioggia Join Forces Ahead of New Silk Road Initiative

Posted On 18 Feb 2019

Photo Source: Municipality of Piraeus

The ports of Piraeus, Venice and Chioggia will be cooperating for the increase of cargo flows and the strengthening of trade links between Asia and the Mediterranean after the two sides recently signed a Memorandum of Understanding in Piraeus.

Piraeus Port Authority CEO Captain Fu Chengqiu welcomed the President of the North Adriatic Sea Port Authority, Pino Musolino, at PPA’s headquarters, where they signed a Memorandum of Understanding aimed at boosting ties and increasing cargo flows between the two ports.

Under the agreement, the two sides will work towards the establishment of a stable ground of cooperation in order to develop their ports and port services, support infrastructure connectivity policies and port services aimed at boosting the commercial flows between Europe, the Mediterranean and Asia via the two ports and at the same time improve performance of the ports, which are set to play a key role in the upcoming international maritime activity along the new Silk Road.

The President of the North Adriatic Sea Port Authority, Pino Musolino, and PPA CEO Captain Fu Chengqiu signed the Memorandum of Understanding.

Among others, the deal also foresees the exchange of best practices and know-how on port management, with emphasis on information technology, ways to attract investment, and promotion.

“Τhe port of Piraeus, the largest port in Greece, and in the Eastern Mediterranean, is an ideal hub between Asia, Central and Eastern Europe. It is the first deep sea EU port after crossing the Suez Canal, and offers combined transport solutions with efficient added value services for cargoes, which can be re-distributed by road, rail and sea,” said Fu.

“The establishment of our cooperation with the North Adriatic Sea Port Authority is aimed at strengthening the trade links between Asia and the Mediterranean, and at enhancing the role of ports as drivers of the European economy,” he added.

Piraeus port management aims in the coming years to invest in the full range of shipping and maritime industry activities, including containers, shipyards, logistics, cruise and ferries, with the goal to contribute to the growth of the local and regional economy, Fu said.

Photo Source: Port of Chioggia

On his part, Musolino, who represents the ports of Venice and Chioggia, underlined the importance of port cooperation ahead of the anticipated  increase in trade activity between Asia and Europe along the new Silk Road,  and the need for commercial agreements, optimization of services and targeted infrastructure interventions, in order to “create value for our economy and for our territory… and improve the environmental sustainability of trade”.

“Venice – the westernmost point of arrival by sea in the Belt and Road Initiative – has focused on this goal, working with private and public operators in order to ensure commercial flows between Europe, the Mediterranean and the Far East,” Musolino concluded.

About the Author

This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner.


Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

The Rise of China-Europe Railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…