Piraeus form the greater Piraeus area, with a total population of 448,997. Piraeus has a long recorded history, dating to ancient Greece. The city was largely developed in the early 5th century BC, when it was selected to serve as the port city of classical Athens and was transformed into a prototype harbour, concentrating all the import and transit trade of Athens. During the Golden Age of Athens the Long Walls were constructed to fortify Athens and its port (Piraeus). Consequently, it became the chief harbour of ancient Greece, but declined gradually after the 4th century AD, growing once more in
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