Piraeus tipped to be world's number 2 in ten years time

Greece's shipping companies see the port of Piraeus as being the second most important maritime center in the world in ten years time, ahead of London and Hong Kong, according to report from Ernst and Young.

Along with tourism, shipping is a major export revenue raiser for Greece, contributing 6.5% to annual economic output, with most companies operating out of the port area, though many also prefer the southern Athens coast and other parts of the capital.

The report, titled " Repositioning Greece as a global maritime capital", surveyed leading members of Greece's shipping community and found that over coming years, competition among the major global maritime centers will intensify with Asia cementing its role in