For one more year, Greek shipping certified its dominance in the seas of the world. According to an analysis by Xclusiv Shipbrokers, Greek shipowners placed 121 orders for tankers, gas carriers, freighters and container ships.while in the first half of last year, Greek shipowners placed orders for approximately 105 ships, based on data collected by “Naftemporiki” from shipping brokerage sources,
Shipping broker Clarksons
It is noted that Greek orders rose to the highest level since 2013 in terms of dwt, reaching in 2023, according to the shipping broker Clarksons, 267 ships, with a total capacity of 26.6 million dwt.
In the first half of last year, Greek shipowners placed orders for approximately 105 ships, based on data collected by “Naftemporiki” from shipping brokerage sources, while in January-June period, Greek shipowners placed orders for 121 ships of all types, as stated in the latest monthly report of the Greek shipping company Xclusiv Shipbrokers. If this trend continues, contracts for the year as a whole will be more than last year.
“Naftemporiki”
According to a separate research conducted by “Naftemporiki”, based on shipowners who ordered these vessels in the first half of 2024, the most active company was Capital Maritime with contracts for 20 new vessels. Next is Dynacom Tankers, with 12 orders.
65 orders in 2024 for tankers (Suezmax sector is their main preference with 18 orders)
31 orders for gas carriers, 20 orders in the current year so far (16 of the 20 orders are for the Kamsarmax sector)
20 orders for freighters, of which 16 of the 20 orders are for the Kamsarmax sector and only five orders for container ships.
Evalend Shipping has also signed agreements to build eight vessels this year, the majority of which are oil tankers.
Deals for six vessels.
Moreover, Cape Shipping has signed deals for six vessels. All deals concern tankers and mark the company’s return to the industry after several years. A significant number of tankers, namely five, has also been ordered by Atlas Maritime, expanding the shipbuilding program it implements for tankers and vehicle transport ships.
Xclusiv Shipbrokers report
Target Group, Veritas Shipmanagement, W Marine, and Sea Hawk Maritime, are also included in the list. At the same time, the Xclusiv Shipbrokers report showed that out of the 121 ships ordered this year by Greek shipping companies, the vast majority, i.e. 65, are tankers, followed by LNG/LPG carriers with contracts for 31 ships.
Agreements for 20 bulk carriers
Greek shipowners have signed agreements for 20 bulk carriers and five containerships. Greek contracts correspond to 18.5% of orders placed internationally. By ship category, the share of “Greeks” in bulk carriers amounts to 10.4%, in tankers to 24.7%, in containerships to 8% and in gas carriers to 23%.
Xclusiv’s study
Xclusiv’s study also revealed that in the bulker market, Greek shipowners generally prefer kamsarmaxes, with contracts for 16 such vessels, while in tankers, the first choice is suezmaxes, with orders for 18 vessels.
According to an analysis by Xclusiv Shipbrokers, Greek shipowners placed 121 orders for tankers, gas carriers, freighters and container ships.
Allied records
Singapore and China came third and fourth in the year-end rankings with 110 and 92 orders, respectively. A total of 2,420 orders were placed in 2023, worldwide.
According to Allied records, China was by far the most successful shipbuilding country last year after its yards won almost half of the 1,845 orders across all major sectors such as dry bulk carriers, tankers, containers and gas.
Chinese builders
Chinese builders took 859 of the orders placed in 2023, compared to 191 for Japanese shipyards and 177 for South Korea.
China dominated each of the sectors with the exception of natural gas carriers, where it won 56 orders compared to 62 won by South Korean shipyards that are leaders in the construction of liquefied natural gas carriers.
Greek shipowners ordered double the number of vessels 164 compared to the 81 contracts they had signed during 2022.
In 2023 the Greeks were particularly active in tanker shipbuilding contracts, accounting for more than half of their total newbuild contracts.
