Precarious in Piraeus: on the making of labour insecurity in a port concession

Examining the territorial and logistical factors surrounding the leasing of the Greek port of Piraeus to a subsidiary of the Chinese state-owned enterprise COSCO, this paper responds to calls to investigate variations in experiences of precarity. The article is based on research conducted in 2014 when the container processing area at Piraeus was divided between two terminals: the first run by the Piraeus Port Authority (OLP) and the second run by COSCO’s subsidiary Piraeus Container Terminals (PCT). By contrasting the threatened unionized labour regime at OLP with the highly precarious labour conditions at PCT, the paper asks how the operative dimensions of capital condition precarity’s intensification and spread. In this light, precarity emerges not simply as a form of labour insecurity or an unevenly shared condition of human vulnerability but as a relational nexus that links questions of political economy to matters of subjectivity, space, power, and governance.