Port of Piraeus run by "Piraeus Container Terminal PCT S.A.", a subsidiary of COSCO. In 2013, PCT finished the construction of Terminal 3 with a capacity of roughly 2.7 million TEU. The total port capacity is 6.7 m TEUs. COSCO's involvement was accompanied by protest. According to trade unionists of PPA, the arrival of COSCO led to reductions in salary and social benefits, exclusion of union members and increased pressures on time and performance. According to an interview in 2012 with Harilaos N. Psaraftis, a professor of maritime transport in Athens, in some cases the salaries of workers were $181,000 a year with
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