PPA S.A. and MSC S.A. Container Agreement
A cooperation agreement was signed in Piraeus, between PPA S.A. and the international shipping company MSC S.A., concerning the service of its transportation’ s work /container traffic at the facilities of Pier I of PPA S.A.
The agreement, after the co-signing of the amicable settlement of certain issues between PPA and SEP, will have a 5 year duration taking effect from 01/07/2012 until 01/07/2017, with automatic renewal for another 5 years.
This agreement is of high significance for PPA S.A. since M.S.C. S.A. is also among the top 3 best clients of the Authority in the field of cruises (it holds the 18% of the traffic in Piraeus).