Greek Shipowners Have Clout on the Seas, 16% Global Market in their Hands

Regardless of the trials and tribulations going through Greece with the continuing debt disaster taking its toll, the nation’s delivery sector is demonstrating spectacular resilience, boosting its maintain within the worldwide market as the biggest participant controlling right this moment 16 % of the world fleet, based on delivery providers supplier Clarksons. On the similar time, roughly 65 % of the Greek-owned fleet belongs to 40 main Greek shipowners, who management a fleet whole capability of 230.5 million dwt.

The information comes simply as Greece hosts the world’s most prestigious maritime exhibition this week, the Posidonia 2016 with the most recent figures exhibiting the world’s largest shipowning nation accounting for five,211 vessels, 1 % of sea commerce, 196 million GT – rising its tonnage by 1.9 % in comparison with 2015 – a worldwide market share of 16 %, and belongings at $91 billion.

Japan comes second with 13 %, China third at 11 % and Germany fourth with 7 %. Chinese language house owners contribute to 16 % of seaborne commerce with the massive loser in market share being Germany.

Athens/Piraeus can also be the biggest proudly owning cluster worldwide, with Tokyo, Hamburg, Singapore and Hong Kong/Shenzhen following. Main is the Angelicoussis Delivery Group, controlling a fleet of 137 ships with a complete dwt capability of 26.02 million. Second in line is George Economou with 115 vessels and a dwt capability of 14.79 million as properly ships belonging to his listed firm Dryshisps. And third is Angeliki Frangou’s Navios Group together with its Maritime Holdings with 146 ships and a complete dwt capability of 14.39 million.

Regardless of having diversified into different delivery sectors, Greek shipowners  have opted to concentrate on “moist” and “dry” sectors. The Greek fleet at present consists of bulk carriers (47 %/GT) and tankers (35 %) with a mixed share at about 85 % within the final 20 years.

Within the meantime, Greek shipowners haven’t positioned any orders for brand spanking new buildings in 2016, ship dealer Intermodal reviews.