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The Greek-owned newbuilding orderbook has crossed the 1,000-vessel mark for the first time, according to new data from Xclusiv Shipbrokers.
Greek shipping interests have placed orders for 14 new vessels including VLCCs, LNG carriers and ammonia carriers as disruptions around the Strait of Hormuz tighten global tanker supply.
Greek shipping interests sold 316 vessels over the past rolling 12 months, more than any other nationality, as owners cash in on record secondhand valuations while simultaneously buying more ships than any other country.
Sanctions, a growing shadow fleet and geopolitical tensions are redrawing global maritime trade routes, pushing compliance to the center of decision-making for Greek shipowners.
Greek Shipping Minister Vassilis Kikilias underscored the strategic importance of Greece-Japan maritime cooperation, noting Greek owners rank as Japanese shipyards’ second-best customers for newbuilding orders.
An unnamed Greek shipowner has ordered six firm 115,000 dwt aframax tankers plus two options from South Korea’s SK Oceanplant in a deal worth up to $583 million.
Greek shipowner Evangelos Pistiolis has secured his first construction slots at South Korea’s K Shipbuilding with an order for two MR product and chemical tankers.
