Greek flag is no longer largest in DWT terms

As of March 6, 2019, Greek companies controlled 4,017 vessels of various categories, totaling 339.54 million dwt and 198.16 million gross tons. According to data provided by IHS Markit, the numbers represents a drop of 131 vessels, 2.37 million dwt and 1.12 million gross tons from a year earlier. As of March 6, 2019, Greek companies controlled 4,017 vessels of various categories, totaling 339.54 million dwt and 198.16 million gross tons. According to data provided by IHS Markit, the numbers represents a drop of 131 vessels, 2.37 million dwt and 1.12 million gross tons from a year earlier.

Only 17 percent of these units were registered in Greece with the Liberia, Marshall Islands and Malta constituting the bulk of registries. The fleet registered under the Greek flag recorded a loss of 52 ships this year, now comprising 671 ships, of 68.26 million dwt and 39.98 million gross tons. The flag now represents 20.1% of the total dwt of the Greek owned fleet.

Finally, Greek parent companies represent 26.9 percent of the world tanker fleet and 15.5 percent of the ore and bulk fleet. Overall, the Greek owned fleet stands at 7.2 percent of the world fleet in terms of ship numbers, 15.9 percent in terms of dwt and 13.4 percent in terms of gross tons.

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