Realizing that lean times require bold measures, the Piraeus Port Authority (OLP) finally gave in into the pressures by importers, agents and lines to rethink its fee strategy.
‘OLP announced the extension of the decision taken in the beginning of the year (regarding the first half of the year), under which fees for the car handling terminal will remain unchanged until the end of the year. The management realized that further incentives are needed to reignite part of the activity at the port, as the car terminal’s business has fallen by 40% compared to the previous year. Added, to the above, OLP said that no requirements will be in place, regarding the minimum required number of cars per sailing. Further to the above, interested customers can sign deals based on volume, for a number of 20,000 car per annum, with a flat rate. Also, special pricing will be applied regarding storage fees. Based on the number of vehicles and the length of storage, customers can benefit from a 50% increase in free storage time, as well as a 20% lower price in the remaining days of storage.