Greek Shipowners

Greek Shipowners Joining The ‘Tonne Millionaires’ Club Reach A Record High

Credits: Fred/ Pexels

The number of Greek shipowners joining the ‘tonne millionaires’ club – controlling a fleet of 1 million dwt has reached a record 78.

Increase Recorded

Naftiliaki records and information gleaned from the market, reveal that at the beginning of May, the 78 companies from the Greek cluster owning fleets of over 1m dwt were
 trading 3,316 oceangoing ships. This number is some 26 ships down on the previous 12 months but the total of 355.8m dwt was an increase of just under 6m dwt...

https://mfame.guru/greek-shipowners-joining-the-tonne-millionaires-club-reach-a-record-high/

Shipowners Make Purchases Worth $3.76b in H1 2021

  • Of the 228 ships purchased by the Greeks, more than half (144) were bulk carriers for which they spent $2.24 billion.
  • They also acquired 53 tankers for $1.11 billion and 21 container ships with only $110 million.

A trading explosion occurred in the secondhand ship market during the first half of 2021, reports Tovima quoting Allied Shipbroking.

Trading in shipping market

In the first half of 2021, 1,060 ships worth $15.3 billion changed hands, about the same as in the whole of 2020 when 1,188...

https://mfame.guru/shipowners-make-purchases-worth-3-76b-in-h1-2021/

An Industry Insight Into The World’s Largest Shipowning Nation

  • Greek shipowners own 20.67% of global tonnage and 54.28% of the European Union -controlled tonnage, making it the world’s largest shipowning nation.
  • It is also one of the safest fleets worldwide, ranked 8th internationally, and 2nd in the EU (in terms of dwt).
  • Greek shipping is one of the cornerstones of the global economy and is very flexible and adaptable to changing economic environments and trade flows. 
  • A recent study concluded that the total contribution of the Greek shipping industry...

https://mfame.guru/an-industry-insight-into-the-worlds-largest-shipowning-nation/

UGS Formally Backs Engine Power Cap Proposal To Cut GHG Emissions

  • Greek shipowners back mandatory engine power limits to reduce carbon emission.
  • The proposal is to cap engine power, depending on ships’ individual energy efficiency.
  • Impose stricter limits on older, less-energy efficient ships and caps would be set at lower levels on younger, more energy-efficient ships.
  • Bulk carriers and tankers reduce their main engine power by 50% and container ships by 66%. 
  • Shipowners’ commitment alone to a ship’s operational efficiency is not enough to effect a change in...

http://mfame.guru/ugs-formally-backs-engine-power-cap-proposal-to-cut-ghg-emissions/

Greek PM unveils maritime boost plan

Greece’s Prime Minister Kyriakos Mitsotakis announced a three-pronged plan to boost Greece’s maritime fortunes during a visit to the Ministry of Shipping and Island Policy in the port city of Piraeus on Thursday, August 8.

In comments after talks with Shipping Minister Yiannis Plakiotakis, the prime minister said that the first part of the initiative will comprise measures to make the Greek flag more attractive to Greek shipowners, who control the world’s largest merchant fleet. He also spoke of...

https://container-news.com/greek-pm-unveils-maritime-boost-plan/

Greek shipowners agree with government

The Greek Prime Minister’s office issued a statement on Wednesday, Feb. 27, in which it announced that the Greek Shipowners Association has reached a new agreement with the Greek government.

According to this agreement, the shipowners will have to pay annually at least €75 million to the Greek state. This amount of money is the equivalent to 10 percent of the shipowners’ association’s dividends.

Until now, the Greek shipowners had an agreement with the Greek state which was based on their...

https://container-news.com/greek-shipowners-agree-with-government/

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