Port of Piraeus permanent navy base for the mighty Athenian fleet. However, in the late 4th century BC began a long period of decline for Piraeus; the harbours were only occasionally used for the Byzantine fleet and the city was mostly deserted throughout the Ottoman occupation of Greece. In 2002 PPA and the Greek government signed a concession agreement. The Greek government leased the port zone lands, buildings and facilities of Piraeus Port to PPA for 40 years. In 2008 the duration of the concession agreement was modified from 40 to 50 years. With this modification the lease is ending in 2052. Since
Port of Piraeus the Hellenic Republic Asset Development Fund 23,14 % and other investors 25,86 % of Piraeus Port Authority. As of April 2016 the port ranks 39th globally in terms of container capacity. The container part of the port is made up of three terminals: The total capacity is hence now standing at 6,7m TEUs. The cargo terminal has a storage area of 180,000 m and an annual traffic capacity of 25,000,000 tonnes. The Port of Piraeus has two car terminals of approximately 190,000 m, storage capacity of 12,000 cars and a transshipment capacity of 670,000 units per year. In 2017 the