Piraeus Container Terminal Single Member S.A., one of the leading container terminals in the Mediterranean region, is a company founded in Greece, and a fully controlled subsidiary of COSCO SHIPPING Ports Limited (a leading container terminal operator ranked third in the world). As of October 1st 2009, PCT S.A. has undertaken for 35 years the implementation of the Concession Agreement for Piers II and III, which, following an international tender process, PPA S.A. assigned to COSCO Pacific Limited (now COSCO SHIPPING Ports Limited), to which the tender was awarded. Main activities of PCT S.A. is the provision of loading/unloading and storage services for imported and exported containers moving through the Port of Piraeus, including cargoes that use Piraeus only as a transit station (transshipment cargoes). The strategic location of Piraeus , being the first European Port after Suez canal with direct connection to E.U road and rail network makes it not only an ideal port-hub for destinations in the Mediterranean and Black Sea, but a sustainable partner for all stakeholders of distribution and Logistics services in Europe Middle East and Africa.