The Annual Report 2022-2023 of the Union of Greek Shipowners has been released, which it provides an important overview of the Greek-owned global fleet.
According to the Union of Greek Shipowners, 2023 was yet another year of important developments and severe geopolitical tensions, as new conflicts have emerged. Meanwhile, economic rivalries and policies of protectionism threaten the fundamental principles upon which shipping has thrived and operates for the benefit of global prosperity and peoples’ general well-being, the report notes.
Awareness, strategic thinking and determination are essential to ensure the sustainability of our sector. Up to this day, we have successfully dealt with external disruptions, always taking into account the unique characteristics of our industry.
… said Melina Travlos, President
Key data regarding Greek shipping
- Greece is the world’s leading shipping nation.
- Greece controls more than 20% of global tonnage.
- Greek shipping has a strong presence in all shipping segments.
- Despite geopolitical tensions, Greek shipping has ensured Europe’s food and energy supply chain security.
- Greece accounts for more than 60% of EU shipping.
- Recent data shows about 4,700 companies in the tanker sector, each owning an average of 3.6 vessels.
- There are nearly 2,500 bulk carrier owners, each holding an average of 5 vessels.
Furthermore, the Greek orderbook stands at 384 vessels with a total capacity of 34 million dwt, recording a substantial rise compared to previous years. In relation to 2023, the orderbook is higher by 60% in terms of the number of vessels and by 79% in terms of deadweight capacity, while compared to 2021, it is almost four times higher in terms of the number of vessels and more than two times in terms of deadweight capacity.
Apart from ordering larger vessels—the average capacity of a Greek-owned vessel currently on order is 88,748 dwt compared to 62,237 dwt for the world fleet, and these vessels are also fitted with state-of-the-art environmental equipment.