ECONOMY

Transit car imports up at Piraeus in 2011

Piraeus Port Authority SA, which operates Greece?s biggest port, said its car terminal handled 9.8 percent more imported automobiles last year than in 2010.

The total figure included a more than 33 percent increase of so-called transit cars, which are shipped on to other markets in the region, as imports for Greece declined, Giorgos Anomeritis, Piraeus Port?s chief executive officer, said in an e-mailed statement on Thursday.

The total number of cars imported last year rose to 417,659 from 380,346 in 2010. Of those, 328,996 were destined for markets other than Greece, up from 246,801 the previous year, according to the statement. [Bloomberg]