Press Release PPA. S.A.: First cruise ship of the year, Viking Sky arrives at the Port of Piraeus. January 9th, 2023. The management team of PPA S.A. welcomes Viking Sky, the first cruise ship to arrive at the port of Piraeus in the new year through a special ceremony for the exchange of plaques and Christmas treats for all passengers during their arrival at the Cruise terminal. According to Viking Sky’s annual schedule, 12 more additional arrivals (homeport) are expected in 2023 with the passenger occupancy rate to exceed 85%, despite the fact that it just launched in January. Overall, the liners’ cruise ships perform homeport arrivals at the Piraeus port throughout the whole year; in 2023, according to bookings’ data, 35 additional arrivals of the liners cruise ships are expected at the port of Piraeus, indicating a significant growth rate of 13%. Overall, based on the pre-bookings data, the cruise industry at the port of Piraeus sees a momentum this year, since 786 arrivals with a growth of 16% from previous year are expected. In 2022, the arrivals growth rate has already exceeded the pre-pandemic performance indicators. Moreover, an increase of approximately 5% from last year is also expected in homeport arrivals, while it is worth noting that in 2022 the homeport arrivals saw an increase of more than 30% compared to 2019. PPA’s Deputy CEO, Capt. Jin Beiyuan, welcomes the dynamic path of the cruise business at the Port of Piraeus, by highlighting the fact that this result is a combination of the consistent and focused work, the significant investments and all the modernization and upgrade works, alongside Greece’s and the port of Piraeus’ undeniable strategic location. Continuing the dynamic path of the cruise industry is a vital component of PPA’s strategy, since it constitutes a win-win activity for all stakeholders, but mainly for the local community, the neighboring municipalities, the Attica region and the country overall. About PPA S.A. Piraeus Port Authority S.A. is an Athens Stock Exchange listed company engaged in the management and operation of Piraeus port, Greece’s largest port and one of the largest integrated harbours in Europe, providing a complete range of services. Some of the company’s activities involve cruise, coastal (ferry/passenger), container and car terminal services, as well as general cargo, ship repair, logistic and free zone services. The main shareholder of Piraeus Port Authority S.A., with a stake of 67 percent, is COSCO SHIPPING, one of the largest maritime companies in the world. Over the last decade the company has experienced a remarkable growth in all port activities, which is still underway, largely contributing to the country’s economy, while driven by green development and increased digitalization, alongside a people-first approach and a spirit of giving back to the society. PPA holds the ''ECO PORT'' PERS status, is included in the Athens Stock Exchange ESG index and is one of the “Most Sustainable Companies in Greece 2022”. For more information please visit: https://olp.gr
