Piraeus in the lavish northern suburbs of Athens, many shipowners have opted once again to move their bases away from Piraeus to Northern Athens. Piraeus, nevertheless, is still a major centre for Greek and international shipping, and bi-annually acts as the focus for a major shipping convention, known as Posidonia, which attracts maritime industry professionals from all over the world. Piraeus today is one of the largest ports in Europe, and the annual number of 19 million passengers makes it the third largest worldwide in terms of passenger transportation. Piraeus is currently Greece's third-busiest port in terms of tons of goods
Piraeus popular events in Piraeus is the Ecocinema International Film Festival, staged annually in late February. During this event, a number of films are screened at the Atticon Cinema and the Cineac Cinema, both of which are to be found within the city's Town Hall Square. In the summer, the Maritime Festival and the Piraeus Rock Wave Festival take place, while the Three Kings' Way Festival marks the beginning of the carnival, with all the associated costumes and entertainment. The Municipal Theater of city has been the center of the arts in Piraeus, hosting a variety of cultural events including theater,