Transport Infrastructure
Sources: Greece evaluates the impact of US blacklisting Piraeus Port Owner COSCO
Sources told The Greek Government on Friday that Piraeus, Greece's largest port, is still operating normally despite the U.S. blacklisting of COSCO, its majority owner. The U.S. Defense Department announced on Monday that it added COSCO Shipping, a Chinese shipping company, to a list it claimed worked with China's Military. The shipping industry views this as an attempt to discourage U.S. firms from trading with COSCO Shipping. COSCO, the largest shipping group in the world, announced on Wednesday that no of its units were military companies. It also said that its global operations would continue uninterrupted and that the company...