The Greek fleet reached 493.4 million DWT in 2025 with a 1% increase in DWT capacity, showing significant growth compared to 488.6 million DWT in 2024. During this period, the number of ships increased to 6,822 units, including vessels of various sizes and types.
Changes in the Number of Shipping Companies
The number of Greek shipping companies decreased to 587 in 2025, down from 588 in 2024 and 592 in 2023, indicating a declining trend in this industry. In terms of capacity, the number of companies with 25 or more ships also decreased to 59 companies.
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However, in terms of tonnage, the Greek fleet continued to grow in 2025 with an increase of 4.2 million DWT compared to the previous year. In 2024, this figure was 16.5 million DWT. Additionally, the number of companies with fleets over 1 million tons increased to 89 companies, indicating a growth of 4 companies compared to 2024.
Analysis of Fleet Age and Market Trends
The average age of the Greek fleet decreased to 14.5 years in 2025, down from 14.8 years in 2024, indicating a younger fleet. These changes are mainly due to the purchase of younger second-hand ships and an increase in newbuilding orders. Furthermore, considering the geographical and economic situation, the Greek fleet is currently witnessing a trend of mergers and a reduction in the number of companies.
Nevertheless, despite the challenges in the global market, forecasts indicate that growth in the Greek shipping industry will continue. New orders for Tier III eco-friendly ships will also contribute to fleet expansion. While the fleet continues to grow, factors such as regional wars and rising energy prices have impacted the market.
Overall, despite the slowdown in growth in recent years, the Greek fleet continues on its growth path, and this trend seems likely to continue in the near future. This situation necessitates greater attention to market conditions and geographical changes.
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