Greeks hold significant portion of global container market

Alongside the Greek deroute, the country's shipowners are playing an increasingly bigger part in the global container industry. Greece is now the world's second-biggest non-operating container shipowner.

Photo: /ritzau/Thomas Borberg

While the crisis is raging in Greece, where the banks are closed and the country's looks set to exit the euro zone, Greek container shipowners are doing better than ever. Especially the country's so-called non-operating owners (NOO) have grown significantly in recent years, and the companies now control one fifth of the global NOO fleet - namely ships that are not owned by carriers that operate them - according to a new analysis from Alphaliner.

The Greek shipping companies' share of the global container market has increased from 5.8 percent in early 2010 to ten percent today, as companies own a total 438 container ships for a combined tonnage of 1.9 million teu.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs