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
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,