Greek shipping

Economy of Greece
Coat of arms of Greece
Overview
History
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Greek companies control 21% (2022)[1] of the world's total merchant fleet, making it the largest in the world.[2] They are ranked in the top 5 for all kinds of ships, including first for tankers and bulk carriers.

Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and has been a key element of Greek economic activity since ancient times.[3] Today, shipping is the country's most important industry worth $21.9 billion in 2018. If related businesses are added, the figure jumps to $23.7 billion, employs about 392,000 people (14% of the workforce), and shipping receipts are about 1/3 of the nation's trade deficit.[4][5] In 2018, the Greek Merchant Navy controlled the world's largest merchant fleet, in terms of tonnage, with a total DWT of 834,649,089 tons and a fleet of 5,626 Greek-owned vessels, according to Lloyd's List.[6] Greece is also ranked in the top for all kinds of ships, including first for tankers and bulk carriers.[2][7]

Many Greek shipping companies have their headquarters located either in Athens or London and New York City, and are run by Greek traditional shipping families which are notable for their great wealth and influence in the international maritime industry. The 7th Secretary General (2003-2011) of the International Maritime Organization was Efthymios Mitropoulos.

  1. ^ "Κορυφαία ναυτιλιακή χώρα στον κόσμο παραμένει η Ελλάδα – Το 21% του παγκόσμιου στόλου με 5.514 πλοία" [Greece remains the world's leading shipping country – 21% of the world fleet with 5,514 ships]. NewMoney.gr. 20 May 2022. Retrieved 20 May 2022.
  2. ^ a b "Greek domination in the international maritime industry (original: Ελληνική πρωτιά στην παγκόσμια ναυτιλιακή αγορά)". Naftemporiki. 5 December 2014. Retrieved 19 September 2019.
  3. ^ Polemis, Spyros M. "The History of Greek Shipping". Greece.org. Retrieved 9 April 2007.
  4. ^ Press release. "Greece Shipping". Reuters.
  5. ^ Press release. "The History of Greek Shipping". National Bank of Greece. Greek Shipping Is Modernized to Remain a Global Leader and Expand Its Contribution to the Greek Economy. Archived from the original on 31 August 2007. Retrieved 6 February 2017.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  6. ^ "Lloyd's List Top 100 Most Influential People in the Shipping Industry. Edition 6, page 61". Lloyd's List. Retrieved 22 December 2018.
  7. ^ "International domination, albeit with obstacles, for Greek maritime industry (original: Παγκόσμιες πρωτιές, μετ' εμποδίων, για τη ναυτιλία των Ελλήνων)". Liberal. Retrieved 19 September 2019.