Greek-owned ships rank as world's top vessel owners, contributing €148B to Greece's economy in the past decade and 8% of GDP in 2021, while adapting to energy transition un

Greek-owned ships continue to dominate global trade, ranking alongside Chinese firms as top vessel owners. Contributing €148B to the Greek economy over the last decade, the industry accounts for 8% of Greece's GDP. Despite energy transition uncertainties, more than half of new orders in 2022 are still fossil-fuel powered vessels. Greek shipowners are now focusing on acquiring second-hand vessels to avoid obsolescence and delay transition.

June 03, 2024
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