Piraeus port suffers from Red Sea instability
![Piraeus port suffers from Red Sea instability](https://www.ekathimerini.com/wp-content/uploads/2024/05/piraeus_shutterstock_web-960x600.jpg)
[Shutterstock]
The number of containers traveling through the port of Piraeus continued to decline in July as a result of the unstable situation in the Red Sea, where the Houthis of Yemen continue to attack merchant shipping.
In July, container traffic through Piraeus declined 4.8%, bringing the overall decline since the beginning of the year to 11.7%. The crisis has mostly hit Eastern Mediterranean ports, with merchant traffic shifting to the Western Mediterranean and Northern Europe.