Greek shipowners dominate globally in both tankers and LNG carriers in energy transportation.

While China has more tankers, the Greek fleet has the highest value at $69.5 billion, surpassing the Red Dragon’s fleet by $22.1 billion.

According to the annual survey conducted by Xclusiv Shipbrokers, Greek orders for tankers increased significantly in 2023, with 123 orders, accounting for 34% of the total orders placed in 2023.

This is almost triple the number of tanker orders placed in 2022.

The main focus was on the Aframax/LR2 sector, with 51 orders, followed by Suezmax and Panamax/LR1, with 36 and 14 orders, respectively.

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According to the Greek Shipping Cooperation Committee of London, based on data provided by S&P Global Market Intelligence, as of March 2024, Greek shipowners have ordered the construction of 112 tankers with a total capacity of 15.278 million tons, while the global order book for this type of vessel includes 239 contracts with a capacity of 35.3 million dwt.

Greek-owned shipping companies control 30% of the global tanker fleet, reflecting their significant presence and influence in the industry.