Greece Just Sold Its Giant Zubr-Class Hovercraft To China

J20!

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I apologies.

I forgot that you are the CCP Defence and Strategic spokesman.
No, I apologize Sir.

I forgot, you're a "moderator" who would rather take cheap shots than face bare-faced facts.

I'm a defense enthusiast; this is a defense forum. Is it not?


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Ray

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No, I apologize Sir.

I forgot, you're a "moderator" who would rather take cheap shots than face bare-faced facts.

I'm a defense enthusiast; this is a defense forum. Is it not?


Sent from my iPod touch using Tapatalk


Apology accepted.
 

amoy

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China and Greece have more profound strategic connections than Zubr.



UPDATE 1-Greece seeks role as China's gateway to Europe | Reuters
Five years ago, the China Overseas Shipping Company (COSCO) arrived in Greece to a cold reception. Nowadays though, a new COSCO-built container terminal has created 1000 jobs, and silenced their critics. Furthermore, after investing a billion dollars (with promises of another half billion to come), COSCO has transformed the port of Piraeus into one of the biggest and fastest-growing shipping ports in the Mediterranean.

Although industry analysts say COSCO likely paid too much for its Greek shipping presence, the investment is now regarded as one of the most successful Greek privatisations in recent decades. In fact, the transformation of the Piraeus container terminal is being hailed "an operational success," for both the shipping industry leader and the busy shipping port.

The COSCO investment in Piraeus has helped bring the Chinese shipping company into the major leagues of global port operators. Now, COSCO finds itself in the company of A.P Moeller-Maersk's terminal management unit – APM Terminals, and Dubai's DP World. On the other hand, before the Chinese investment, the port of Piraeus was mired in inefficiency and outdated infrastructure. In 2008 – the year before COSCO arrived in Greece, the Piraeus port moved approximately 433,582 containers. In 2013, container traffic grew more than seven-fold, increasing to 3.16 million containers. 80 percent of that is contributed by COSCO.
Both sides have sought to play up Greece's strategic location at the crossroads of Europe, Asia and Africa, saying the country could become a hub for channelling goods from the world's second-largest economy and top exporter into Europe.

"Greece, apart from a sea trade gateway, can also become a transit hub for air transport," Greek Prime Minister Antonis Samaras said. "Ports but also airports, such as the Athens International Airport and the International Airport in Heraklion in Kasteli, are the object of Chinese interest."

"Piraeus port can become a gateway of China to Europe," Li said during a visit to Cosco's facilities at Piraeus.

Li, who on Thursday promised Greeks his country would remain a "long-term investor" in Greek bonds, on Friday said China would encourage its businesses to cooperate with Greek companies that repair ships.

Greece has the largest shipping fleet in the world, and Greek shipowners transport about 60 percent of China's imported oil and more than half its exported goods, Greek Shipping Minister Militiadis Varvitsiotis said.

China has been steadily ratcheting up its interest in Greek assets in recent years.

Cosco Pacific has said it wants to turn Piraeus into a regional hub and sought to expand port facilities and construct an oil refuelling jetty, a 230 million-euro ($314 million) investment which needs to be approved by the European Commission.

Cosco has also expressed interest in acquiring a 67 percent stake in the port.

Chinese grid operator China State Grid Corp (SGCC) is among five suitors bidding for a controlling stake in Greek power grid operator ADMIE. Chinese conglomerate Fosun is part of a consortium developing the former Athens airport complex called Hellenikon - Greece's biggest privatisation project, budgeted at 7 billion euros.

"Greece welcomes the interest by Chinese businesses to take part in the Greek government's privatisation programme and declares its intention to provide the necessary facilitations and every support," the joint statement read.



A 4-year-old report >>> China buys Greek when no one else will - Jun. 18, 2010
 
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asianobserve

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The new Greek government is really itching for a fight with Brussels from austerity to Russia, and beyond... Merkel can go long term and wait for this new Greek government to implode or she can go nuclear (Greexit).
 

amoy

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Most likely just posturing for re-negotiations on current austerity conditions with EU.

Greece can't afford the exit from Eurozone. Nor can EU/ECB /EURO. Will they meet in the middle?

The Impact of a Greek Exit
As far as the European officials are concerned, once Greece leaves the euro, the creditors who financed the Greek bailout would be vulnerable to not getting paid in the future. If Greece chooses to pay back the loan in drachma, the net repayment would likely be lower due to any depreciation of the currency in coming years. The other possibility would be a complete loan default. In both scenarios, once Greece abandons the euro creditors would lose money, which would certainly have a contagion effect on the global economy.

Since the majority of these creditors are EU banks, the European banking sector is expected to suffer the most. The notion of smaller banks closing down or merging with larger banks in order to stay afloat is a definite possibility. Additionally, once Greece exits the euro, it will establish a precedent for other troubled economies in the region. If debt ridden countries like Portugal, Italy, and Spain choose to follow Greece's path, confidence in the euro as a viable common currency would be greatly diminished.

Meanwhile, German annualized inflation dropped to 0.1% in December 2014, a more than five-year low. Germany desperately wants the European Central Bank to pursue an expansionary monetary policy in terms of another round of QE in the first quarter of 2015 in order to help boost the economy and the EU inflation rate.

With the ECB's policy setting committee set to meet on January 22nd, three days before the Greek elections, it is looking less likely that any new QE will be announced. ECB officials do not want to announce any new QE measures while advocating austerity for Greece. The fear is that such a move would be seen as hypocritical to Greek voters, which would help the radical left in the election. Whether QE is announced or not, it appears that turmoil in the EU is likely to extend the euro's bearish run in the coming weeks.
Is Greece Getting Ready to Exit the EU? | PrimePair
http://finance.yahoo.com/news/euro-wobbles-anti-austerity-party-102418952.html
 

amoy

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Greece will have to continue privatizing its best assets. See who'll take advantage of that the most.

China's Port Project in Greece Not Affected by Privatization Reversal


Chinese shipping conglomerate COSCO Group will continue to run two container terminals of Piraeus port in Greece under a 35-year concession agreement, after Greece's newly elected government has decided to halt its privatization, an official with the COSCO subsidiary in Greece said.

On Monday, left-wing SYRIZA party leader Alexis Tsipras was sworn in as Greece's new prime minister after winning Sunday's national elections.
One of the first decisions announced by the new government was to stop the planned sale of a 67-percent stake in the Piraeus Port Authority (PPA). COSCO is among one of the suitors for the privatization of PPA.

"The public character of Piraeus port will be maintained. The privatization stops right here, right now," Greek Alternate Shipping Minister Theodoros Dritsas told media on Tuesday.

A senior official of the Piraeus Container Terminal (PCT), a subsidiary of the COSCO, who spoke on condition of anonymity, said Dritsas was referring to Pier I and other facilities owned by the PPA, not including Pier II and Pier III operated by PCT.

Piraeus port has been run by the PCT after the financial crisis in 2008.

Commercial traffic through the port has increased eight-fold since COSCO's takeover, attracting international giants such as ZTE and Hewlett-Packard to use the cargo terminals as logistics centers for their products.
 
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Ray

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Greece is a bankrupt nation that requires help from any source, without any hesitation.

Therefore, privatisation of a successful port will be far from their minds, notwithstanding all the socialism high drama of the new Greek Govt.

The port of Piraeus is Mediterranean's third largest in terms of container traffic.

The proximity of Piraeus to Suez, which is the point of entry for Asian products to Europe, and its rail interconnection with the national and continental networks, saves some six days for products on their way to Central Europe, making it the gateway of choice for Asian trade.

A second comparative advantage for Piraeus is its car terminal, which is already showing major growth. The Mediterranean is a key European entry point for vehicles from Japan, South Korea and India, so Piraeus is a top-choice transit center for cars, too, while European Union car imports from Japan through the Eastern Mediterranean and the Black Sea are on the rise.
(from my archives)
 
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s002wjh

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You underestimate the chicanery the Chinese are capable of.

Are these being bought for tourism?
:frusty: you sure you work in the military before ? cause anyone who has slightest idea in military tactic know its not feasible for china to invade india with 1 or 2 zubr, the logistic is a nightmare. They might able to land it, thats a big maybe, but never able to defend it with amount of force/logistic from few zubr. zubr is for taiwan/island dispute between china/japan
 

Ray

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:frusty: you sure you work in the military before ? cause anyone who has slightest idea in military tactic know its not feasible for china to invade india with 1 or 2 zubr, the logistic is a nightmare. They might able to land it, thats a big maybe, but never able to defend it with amount of force/logistic from few zubr. zubr is for taiwan/island dispute between china/japan

No, I did not serve in the military. I merely had a lark.

Please do not be pathetic. It is obvious that one of anything, be it a ship or an aircraft or a tank cannot invade anything. But working in synergy adds to the combat ratio and the combat power.

One does not have to have any military service to know that.

And you claim
zubr is for taiwan/island dispute between china/japan
You are aiming to invade Taiwan/ Japan with one Zubr? Or be able to come smelling of roses in disputes with one Zubr?
 

s002wjh

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You are aiming to invade Taiwan/ Japan with one Zubr? Or be able to come smelling of roses in disputes with one Zubr?
i'm not aiming to invade taiwan :) No china will use zubr as supplement to its existing 71 LPD and other assault platform
 

Ray

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i'm not aiming to invade taiwan :) No china will use zubr as supplement to its existing 71 LPD and other assault platform
So, you contradict your original contention.

Xie xie (Shi Shi), 叔父 (Shu Shu)
 

Ray

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I didn't China is not gonna invade andaman with zubr
Maybe. This is how the conversation went with the Chinese posters

Which Island China chose for Invasion?
amoy Nicobar and Andamans

I didn't China is not gonna invade andaman with zubr
But this is how the conversation went with the Chinese posters
Which Island China chose for Invasion?
amoy Nicobar and Andamans

You underestimate the chicanery the Chinese are capable of.

Are these being bought for tourism?
:frusty: you sure you work in the military before ? cause anyone who has slightest idea in military tactic know its not feasible for china to invade india with 1 or 2 zubr, the logistic is a nightmare. They might able to land it, thats a big maybe, but never able to defend it with amount of force/logistic from few zubr. zubr is for taiwan/island dispute between china/japan
You are aiming to invade Taiwan/ Japan with one Zubr? Or be able to come smelling of roses in disputes with one Zubr?
i'm not aiming to invade taiwan :) No china will use zubr as supplement to its existing 71 LPD and other assault platform
 
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amoy

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does @Ray have anything more to say related to either Greece or Zubr rather than repeat my id? As a mod or something u're supposed to b a role model for others to talk on topic !

This is not on Taiwan or japan. U r old enough to comprehend!



~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
 
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Ray

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does @Ray have anything more to say related to either Greece or Zubr? As a mod or something u're supposed to b a role model for others to talk on topic !

This is not on Taiwan or japan. U shall b old enough to comprehend!



~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
As a Chairman,, it is a part of my duty to expose falsehood and that is what I did.

The obfuscation that you all do, is to be highlighted for all to see so that they are not taken in by your soft cooing piety.

Yes, thanks for parroting the CCP - War is peace, freedom is slavery, ignorance is strength.

You wage war, claiming it is for peace, you keep your folks as zombies and call that freedom and make excuses that money is all there is to life and so it is all well what the CCP does or does not do, and you keep your folks ignorant, so that they think CCP is doing a great job and China is displaying its strength.
 
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amoy

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As a Chairman,, it is a part of my duty to expose falsehood and that is what I did.

The obfuscation that you all do, is to be highlighted for all to see so that they are not taken in by your soft cooing piety.
Okay live up to yr role to speak on topic chairman!

~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
 

Ray

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Okay live up to yr role to speak on topic chairman!

~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
It is on topic, when others like you veer to pontificate on the glories of China and are off topic.
 

amoy

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It is on topic, when others like you veer to pontificate on the glories of China and are off topic.
Mind u It's me who initiated this thread, on co-operation btwn Greece and China - like the Zubr deal and Piraeus port and other potential in various dimensions.

Aren't these "glories" of China? Maybe yes, but up to readers to chew and draw their own conclusions.

U as chairman or whatever certainly can voice yr opinions like any members. But of course pls stay on topic. If any "glories" cause yr hurt u still need reason with facts!



~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
 

Ray

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Mind u It's me who initiated this thread, on co-operation btwn Greece and China - like the Zubr deal and Piraeus port and other potential in various dimensions.

Aren't these "glories" of China? Maybe yes, but up to readers to chew and draw their own conclusions.

U as chairman or whatever certainly can voice yr opinions like any members. But of course pls stay on topic. If any "glories" cause yr hurt u still need reason with facts!



~~War is peace, freedom is slavery, ignorance is strength. ~~from my MiPad using tapatalk
You may have initiated the OP to showcase China. That is no rocket science since that is what you all do, all the time.

If the glories of China showcased by you veers off to the inane, then it is my duty to correct perfidies that abound to bring it to track. To do so, it has to be OT. Have you run a forum? Try it and see the issues that abound.

It is my bounden duty to debunk posts that border on the thought that you propound - War is peace, freedom is slavery, ignorance is strength. .

This is the very inanity that requires to be targeted for it witless brainless ideological pronouncements.
 
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