- Greek-owned shipping fleet worth $132 billion
- the value of the shipping fleet grew over 32%
- the increase in value is mainly the result of higher fees for container and dry cargo ships
The value of the Greek-owned merchant shipping fleet grew over 32% in the past three years and now stands at $132.58 billion, says an article on Ekathimerini.
Fleet
The active fleet consists of 4,546 ships with a total value of $117.59 billion. To those add the 187 vessels under construction, worth $14.99 billion. The increase in value is mainly the result of higher fees for container and dry cargo ships, but even for tankers, where fees have not risen as much, there has been a significant increase in value.
Increase in average tonnage
It is not only the value of the fleet that has risen over those three years. Its composition and size have also changed. The number of vessels may have not changed much – operating plus under construction ships stand at 4,833 from 4,574 in 2018 – but the average tonnage per ship has increased, according to data by the Greek Shipping Cooperation Committee.
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Source: Ekathimerini
