Greek Controlled Shipping: the undisputable leader for ten millennia

Associations, At the end of the day..., Classification Societies, Container shipping, Containers, Cruise Ferry, Dry Bulkcarriers, Flags, Flags, Gas Carriers, Liner Shipping and Trade, LNG, LPG, Markets, Mediterranean Shipping, News, Ocean Shipping, Shipbuilding and Shipyards, Shipping Centers, Statistics, Story of the Year, Tankers, Technical, Technology, Trade and Commerce — By on April 1, 2015 at 2:49 PM

Milos and Piraeus 29 July 2013 099GREEK CONTROLLED SHIPPING  

Αn information paper based on data provided to the GSCC by

Lloyd’s Register of Shipping – Fairplay

For the 28th consecutive year the GSCC presents statistical data, in the form of 11 tables, attached hereto, on Greek controlled ships over 1, 000 GT, registered under the Greek and other flags. The data has been provided by Lloyd’s Register – Fairplay. The following is a short analysis of the data, prepared by the Secretariat.

Information from Table 1, compared with corresponding data from the previous year, shows that, during the year to 10th March, 2015, the Greek controlled fleet has increased in terms of ship numbers and also in terms of DW and GT. According to the data, as of 10.3.2015, Greek interests controlled 4, 057 vessels of various categories, of 314, 456, 451 total DWT and 184, 063, 875 total GT. Compared with the previous year’s data, this represents an increase of 156 vessels, of 23, 609, 319 DWT and 13, 079, 191 GT.  The figures include 374 vessels, of various categories, of  38, 039, 275 DWT and 23, 515, 651 GT, on order from shipyards.

Date Ships

DW

GT

March 1988 2, 487

85, 047, 436

47, 269, 018

March 1989 2, 428

81, 928, 296

45, 554, 419

February 1990 2, 426

84, 439, 159

46, 580, 539

March 1991 2, 454

87, 102, 785

47, 906, 852

March 1992 2, 688

98, 218, 176

53, 891, 528

March 1993 2, 749

103, 958, 104

56, 918.268

March 1994 3, 019

120, 650, 373

66, 342, 046

March 1995 3, 142

126, 128, 352

71, 666, 943

March 1996 3, 246

129, 737, 336

75, 156, 763

March 1997 3, 204

127, 782, 567

74, 982, 110

February 1998 3, 358

133, 646, 831

78, 900, 843

March 1999 3, 424

139, 255, 184

83, 454, 890

March 2000 3, 584

150, 966, 324

90, 227, 491

March 2001 3, 618

168, 434, 370

100, 220, 348

March 2002 3, 480

164, 613, 935

98, 195, 100

May 2003 3, 355

171, 593, 487

103, 807, 860

March 2004 3, 370

180, 140, 898

108, 929, 135

March 2005 3, 338

182, 540, 868

109, 377, 819

March 2006 3, 397

190, 058, 534

113, 603, 803

February 2007 3699

218, 229, 552

129, 765, 470

February 2008 4, 173

260, 929, 221

154, 599, 274

February 2009 4, 161

263, 560, 741

156, 214, 619

February 2010 3, 996

258, 121, 898

152, 616, 046

March 2011 3, 848

261, 675, 981

153, 128, 919

March 2012 3, 760

264, 054, 167

155, 904, 976

March 2013 3, 677

265, 336, 520

155, 988, 384

March 2014 3, 901

290, 847, 132

170, 984, 684

March 2015 4, 057

314, 456, 451

        184, 063, 875

 

The fleet registered under the Greek flag has increased in terms of ship numbers, DWT and GT, now comprising 839 ships, of 47, 185, 619 GT and 80, 472, 189 DWT.

TABLE 1: Flag Analysis of Ships owned by Greek Parent Companies

The Greek controlled fleet is registered under some 46 flags.

A comparison of table 1: Flag Analysis of Ships owned by Greek Parent Companies, which gives the total number of ships, total DW and total GT, registered under each of the main registries used by Greek owners, with the corresponding table of last year, shows that there were no significant losses in terms of ships. On the contrary, Liberia gained 61 ships, Marshall Islands 55, Greece 20, Bahamas 12, Malta 14, Cyprus 11 and Singapore 6.

The table below shows the biggest gains in number of ships, GT and DW in order of DW gained.

Country

Number of ships lost/gained

DW gained

GT lost/gained

Marshall Islands

55

7, 232, 214

  3, 915, 289

Liberia

61

4, 981, 046

2, 263, 422

Malta

14

4, 463, 890

2, 068, 640

Greece

20

4, 364, 272

2, 994, 826

Panama

5

1, 875, 193

912, 189

Singapore

6

1, 685, 951

1, 833, 498

Cyprus

11

1, 091, 613

520, 671

After the Greek flag, with 839 ships of 80, 472, 189 DW (OVER 25% OF TOTAL DWT of the Greek owned fleet} on its register, Liberia follows with 739 Greek owned ships of 54, 034, 080 DW, the Marshall Islands with 697 ships of 54, 806, 342 DW, Malta with 606 ships of 48, 550, 930 DW, Panama with 398 ships of 25, 210, 082 DW, Cyprus with 253 ships of 17, 689, 741 DW and the Bahamas with 243 ships of 17, 527, 315 DW.

TABLE 2: Ship Type and Age Analysis – Greek Parent Companies

Comparing Table 2 with the corresponding table of the previous year the following increases/decreases in number of ships and DW are noted.

Type Ships Tons DW
Oil tankers +77 (80 on order) +13, 641, 259
Chemical & Products tankers -28 (34 on order) -1, 567, 157
Liquefied Gas tankers +13 (68 on order) +726, 208
Ore & Bulk carriers +104 (148 on order) +9, 736, 096
Container ships +8 (39 on order) +604, 651
Cargo ships -9 (0 on order) +266, 659
Other Cargo Ships -5 (5 on order) -32, 009
Passenger ships -6 (0 on order) -8, 622

 

 

 

 

 

TABLES 3 & 4: Ship Type and Age Analysis of the World Fleet and the Greek Fleet.

It is very satisfactory that with the exception of the Chemical and Product Tankers, Other Cargo and Passenger ship types, where slight decreases are noted, the percentage of all other types of Greek controlled vessels, has increased relative to the corresponding world fleet type for the year 2014.  As against the previous year, the position is as follows:

Oil Tankers

Percentage of number of ships 2014:            24.9

Percentage of number of ships, 2015:           27.1

Percentage of total DW 2014:                       24.0

Percentage of total DW 2015:                       26.6

Chemical & Products Tankers

Percentage of number of ships, 2014              8.4

Percentage of number of   ships, 2015:           8.0

Percentage of total DW 2014:                        13.9

Percentage of total DW 2015                         13.0

Liquefied Gas Carriers

Percentage of number of ships 2014:             10.9

Percentage of number of   ships, 2015:           10.9

Percentage of total DW 2014:                        10.6

Percentage of total DW 2015:                         10.4

Ore & Bulk Carriers

Percentage of number of ships 2014:           15.2

Percentage of number of   ships, 2015:        15.5

Percentage of total DW 2014:                      16.4

Percentage of total DW 2015:                      16.9

Container Ships

Percentage of number of ships 2014:            6.3

Percentage of number of   ships, 2015:         6.5

Percentage of total DW 2014:                       7.9

Percentage of total DW 2015                        7.9

Cargo Ships

Percentage of number of ships 2014:            1.8

Percentage of number of   ships, 2015:         1.8

Percentage of total DW 2014:                       1.6

Percentage of total DW 2015                        1.9

Other Cargo Ships

Percentage of number of ships 2014:            0.8

Percentage of number of   ships, 2015:         0.7

Percentage of total DW 2014:                       0.6

Percentage of total DW 2015                        1.0

Passenger Ships

Percentage of number of ships, 2014:             5.2

Percentage of number of   ships, 2015:           4.9

Percentage of total GT, 2014:                         4.2

Percentage of total GT, 2015:                         4.0

The Greek registered fleet as a percentage of the world fleet in terms of number of ships, GT, and DWT is 1.6, 3.5 and 4.1 respectively. It should, however, be noted that for oil tankers the percentages are 9.8, 10.0 and 10.1 respectively.

The involvement of Greek owners is particularly significant in the ship categories carrying the majority of the world’s bulk cargo. Overall the Greek owned fleet as a percentage of the world fleet stands at 7.6 in terms of ship numbers, 13.5 in terms of GT and 15.9 in terms of DWT.

TABLES 5 & 6 : Average Age Analysis of Existing Ships owned by Greek Parent Companies and World Fleet

The average age of the Greek controlled fleet in terms of ships has increased during the past year by 0.1 years, but nevertheless continues to be 2.5 years below the average age of the world fleet.  The average age of the Greek controlled fleet in term of ships now stands at 10 years as against 12.5 for the world fleet. It is 8 years in terms of GT and 7.9 in terms of DW.

The average age of the existing Greek flag fleet has decreased slightly, in terms of ship numbers, GT and DW, standing at 11.4, 8.3 and 8.2 years respectively as  against 11.5, 8.5, and 8.3 years in 2014.

TABLE 7: Class Analysis of Greek Parent Companies

The following seven major IACS Classification Societies have the majority of the Greek controlled fleet on the their books: Lloyd’s Register, with 830 ships (824 ships in 2014), ABS with  761 ships (732 ships in 2014), Nippon Kaiji Kyokai, (ClassNK) with  721 ships (644 ships in 2014), Bureau Veritas with 650 ships (603 in 2014), Det Norske Veritas (DNV)  with 427 ships (468 ships in 2014), Germanischer Lloyd (GL) with 278 ships (291 ships in 2014) and RINA 169 ships (171 ships in 2014).

Viewers can open herebelow the Zip with all relevant tables and information:

1000 GT 2015

WP_20150325_085

Tags: , , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 12 + 7 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback