Greek fleet's power

[Tsontos]

GREECE and SHIPPING The "largest" interest that Greece has in providing international shippingservices is evident by the consideration of the following facts: 1. The size of the Greek merchant fleet Greece is one of the world's largest shipping nations and Greek shipping is the most dynamic sector of the Greek economy. According to statistical data of the Lloyd's Register of Shipping (31-12-2003), for ships not less than 100 GT, the Greek merchant fleet counts 1.558 ships of total grosstonnage 32.203.117 GT and it is placed fourth among the world's major shipping nations, after Panama, Liberia and Bahamas, with 5% of the world gross tonnage. Furthermore, according to statistical data of the Institute of Shipping Economics and Logistics of Bremen (01-01-2005), for ships of 300 GT and above, the number of Greek flagged ships amounted to 1.153 with total gross tonnage 32.330.000 GT and 55.368.000 DWT, thus, the Greek merchant fleet was placed third, in the world DWT scale, after Panama and Liberia. Moreover, as far as the quality of the Greek registry is concerned, it should be stressed that, according to data of the Paris MOU, the Greek flag is in the White Zone and, at the same time, equally impressive is the steady gradual renewal of Greek merchant fleet which has been observed during therecent years. More specifically, the average age of the newly registered shipsin the Greek registry is about 6 years while the average age of thosewithdrawn is about 20 years. As regards the Greek owned fleet – irrespective of flag - according to statistical data of the Lloyd's Register of Shipping (31-12-2003), for ships 1.000 GT and above, it amounts to 3.025 with a total gross tonnage of 91.094.974 GT, thus, Greece holds the top position in the world fleet with 16% of all tonnage.


GREECE and SHIPPING (http://72.14.253.104/search?q=cache:EuECrKkDFXkJ:egov.yen.gr/media/29153/GREECE_and_SHIPPING.pdf+greece%27s+merchant+fleet&hl=en&ct=clnk&cd=4&gl=au)