Greeks still leaders of global shipping industry

shiping Fotor

shiping_fotor

The latest annual report from the United Nations Conference on Trade and Development (UNCTAD) show once again that Greece remains the leading power in world shipping.

The latest UN report data suggests the share of the global merchant fleet owned by Greeks in terms of capacity has risen from 16.1 percent in 2015 to 16.36 percent this year.

Greek shipowners control a total of 4,136 vessels, up from 4,017 ships a year earlier , that is, an annual increase of 119 ships or almost 3 percent.

Interestingly, only 728 of those ships bear the Greek flag, down from 796 last year.

GCT Team

This article was researched and written by a GCT team member.

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