Greek shipowners profit on massive tanker boom

New data from Clarksons Research show that Greek shipowners in particular are profiting from the current boom in crude oil rates. The country's shipowners control one fifth of the entire global tanker fleet.

While the Greek economy and the country's government balance on the edge of bankruptcy, the country's shipowners are profiting big time on the significant boom which is currently affecting the global tanker market in crude oil and product tanker.

Greek shipowners currently control 20 percent of the entire global tanker fleet measured in net tons, corresponding to a total of 1,247 vessels for 129 million net tons in all, according to new data from Clarksons Research, World Fleet Monitor.

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