Piraeus Port Pact for Cosco Dalian Floating Dock

September 8, 2017

 The Piraeus Port Authority (PPA) SA has announced the completion of a tender and finalization of a contract with Cosco SH (Dalian) Shipyard for the purchase of a new floating repair dock, an initiative that the port's management has pursued over the past year.

The 240-meter floating repair dock will also have a width of 45 meters, a draft of 18 meters and a 205,66t capacity.  
The dock will be transported and installed in the Perama ship repair zone - west of Piraeus proper - after the completion of necessary infrastructure works in the area.  The whole process is expected to be completed by February 2018.
The purchase price of the Dock is twenty-three million eight hundred and thirty-five thousand Euro ((€ 23,835,000.00) 
It is also noted that the tender for the appointment of a subcontractor for the project “Improvement of the infrastructure of the Ship Repair Zone (including the floating repair docks) – Phase A” of a sum €6,037,559.29 (excluding VAT) is currently in progress. 
CEO of PPA SA captain Fu Chengqiu, on the occasion of the purchase of the large floating repair dock, stated that the investments in the SRZ provided for in the concession contract continue, showing the commitment of PPA and COSCO SHIPPING in the revitalization of the Greek ship repair industry and the creation of new job positions.  

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