
On 21st November 2019 at the events’ hall of PPA S.A. took place the ceremony for the establishment of the cooperation between the COSCO SHIPPING Charity Foundation and the Hellenic Red Cross, in the presence of the Minister of Shipping and Insular Policy Mr. Yiannis Plakiotakis, Members of the Parliament of A and B Piraeus, representatives of local authorities and other institutions.
The Hellenic Red Cross and the COSCO SHIPPING Charity Foundation are cooperating and implementing the “Children Included” program for the support of 2,180 children in low-income families, facing the social exclusion.
The purpose of this collaboration is to support pupils aged 6 to 18 in Primary and Secondary Education, aiming at improving the children’s individual and social skills, boosting their self-confidence and self-esteem, as well as developing cooperative spirit and teamwork.
Specifically, pupils in the region of Piraeus will receive 80 scholarships and in addition, 30 educational and creative activities will be implemented targeted at 2,100 primary and high school pupils in the neighboring municipalities of Piraeus and Athens as well, in collaboration with the school structures. The actions will focus on innovation, sport, environment and culture and will be proposed by the schools themselves. The selection will be based on specific criteria that the proposals submitted must meet. The total cost of the programs amounts to € 500,000.
As the Minister of Shipping and Insular Policy, Mr. Yiannis Plakiotakis stated: “COSCO SHIPPING’s investments are of great importance for the local and national economy. Today there is a positive action towards local communities showing that COSCO SHIPPING understands the local sensitivities and this is an important step forward. We hope that such initiatives will be imitated”.
As the Chairman of PPA S.A. Yu Zenggang, representing COSCO SHIPPING Group, stated: “COSCO SHIPPING’s investment in Piraeus port is not only targeted at record-breaking throughput and improvement of its financial results. We aim that the port of Piraeus becomes a bridge of friendship between Greece and China and a powerful factor of social contribution to the wider region”.
As the President of the Hellenic Red Cross Mr. Antonios Avgerinos stated: “With the signing of the Memorandum, we have the opportunity to implement a major humanitarian and voluntary project that realizes the basic and fundamental principles of our action. We warmly thank the COSCO SHIPPING Charity Foundation for their confidence in the Hellenic Red Cross. ”
It is noted that the COSCO SHIPPING Charity Foundation financially supported the Greek Paralympic Committee for the period 2018-2019, in order to assist many athletes with disabilities to fulfill their dream and participate in the Winter Olympics in 2022.
The COSCO SHIPPING Charity Foundation is a non-profit charity institution founded and funded by COSCO SHIPPING Group in October 2005 with the approval of the China State Council. Since its foundation, it has operated and implemented more than 500 charities and donations amounting to 602 million RMB. The foundation has received many honorary awards, such as the “China Charity Award” and the “Excellent Transparent Charity Organization”. It is noted that COSCO SHIPPING Group owns the majority stake and the management of Piraeus Port Authority S.A.
The Hellenic Red Cross was founded on June 10th, 1877. From the moment of its establishment it was recognized by the International Committee of the Red Cross and today is a part of the “family” of the International Red Cross and Red Crescent Movement. It is the biggest Humanitarian Organization in Greece with a complex project based on voluntary activity and immediate response of citizens. It is always mobilized in order to alleviate human suffering in times of war and peace, supporting injured, sick, refugees, elderly people, people with financial difficulties and people from every vulnerable group of the population. Its action is linked with vigilance, solidarity and altruism and is synonymous with charitable giving and selflessness.

Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
ABS opens Offshore & Marine Support Center in Bergen
ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























