Piraeus under Lysander blockaded Piraeus and subsequently Athens surrendered to the Spartans, putting an end to the Delian League and the war itself. Piraeus would follow the fate of Athens and was to bear the brunt of the Spartans' rage, as the city's walls and the Long Walls were torn down; the Athenian fleet surrendered to the victors and some of the triremes burnt, while the "neosoikoi" were also pulled down. As a result, the tattered and unfortified port city was not able to compete with prosperous Rhodes, which controlled commerce. In 403 BC, Munichia was seized by Thrasybulus and the
Port of Piraeus the Greek government-debt crisis started in late 2009 the Greek government planned to privatize several state-owned assets. These assets are believed to be worth around 50 billion euros. One of these assets is the port of Piraeus. In October 2009 Greece leased docks 2 and 3 from PPA to the China Ocean Shipping (Group) Company (in short: COSCO) for a 35-year-period. For its presence at the port COSCO is paying 100 million euros every year. Terminal 1 is operated by PPA S.A. and has a capacity of nearly 1 million TEUs. Terminal 2's capacity is 3 million TEUs and is