China transformed bankrupt Greek port into Med’s largest in 2 years!

China’s acquisition of Greece’s struggling Piraeus port turned it into the largest in the Mediterranean. The port faced financial difficulties due to the Greek economic crisis, outdated equipment, and mismanagement. China’s Cosco Shipping Group revitalized the port by improving equipment and bringing in skilled technicians. The throughput of Piraeus port soared, achieving double-digit growth and surprising the world. China’s investment in building Pier 3 further upgraded the port’s cargo handling capacity.