Logistics & Transport

Investing in logistics could be very beneficial in Greece as it stands on the crossroad of three continents (Europe, Asia, Africa), connecting, since early antiquity, people, goods and cultures. For that reason, Greece has long been a strategic node for transportation in the greater region.

Overall, Greek ports are strategically located and could easily be transformed into regional logistics hubs for goods travel from Asia to the European Community. The main port of Greece, Piraeus is a large port with significant capacity both as a container port and as a car terminal.

Greek shipowners continue to possess the largest merchant marine fleet in the world with the Greek-owned fleet accounting for 7.6 percent of the world’s fleet in terms of ship numbers. This corresponds with 13.8 percent in terms of GT and 16.4 percent in terms of DWT.

It is also close to the main Mediterranean maritime route (210 nm) and provides access to a large logistics center in Thriassio and a high-speed cargo train route leading into Europe. All these allow Piraeus to serve both as a trans-shipment center and a gateway port to Europe. Also the Port of Thessaloniki is a gateway and strategically located to facilitate the Balkan Trade.

The potential for Greece to become a major logistics, distribution and assembly hub for Europe has been recognized by major investors such as Chinese COSCO, which has heavily invested in the Piraeus port.