Greece Remains The Leading Ship-Owning Country

Greek shipowners have retained their role as top players in world shipping according to a special review recently published by the United Nations Conference on Trade and Development (UNCTAD). Despite the challenges faced by the Hellenic ship owning community, Greece has continued to strengthen its position as the largest ship owning nation in recent years.

Addressing an event marking the 100th anniversary of the Union of Greek Shipowners in Athens this November 2016, Prime Minister Alexis Tsipras, noted that while Greece’s population is only 0.15 per cent of the world population, Greeks control 25 per cent of the world’s total merchant fleet. These numbers are of huge significance not only for the Greek but for the European economy as well, in terms of competitiveness.

Traditionally, shipping gives an important boost to the Greek economy, with opportunities to generate income and employmentas well as promote foreign trade. One prominent trend giving hope and optimism for the future is the high quality of maritime studies in Greece, in combination with the potential of Greek shipping and the high standard of Greek shipping personnell.

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