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
Piraeus also supplemented and modernised, with dredging operations, the construction of the Royal Landing, the Troumba Pier and the quay-ways up to the Customs House area, the commencement of construction work on the Outer Moles and the completion of permanent dry-docks. At the end of the 19th century, Piraeus had a population of 51,020 people. The establishment of the Port Committee in 1911, which controlled the works of construction and maintenance of the port, and the Piraeus Port Authority in 1930, which made a more efficient job of managing a port slowly increasing in traffic, played a catalytic role in the