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GreekReporter.comBusinessGreek Shipowners Invest $848M

Greek Shipowners Invest $848M

shipWhile the Greek government continues to mull plans to tax the country’s shipping industry to raise money during a crushing economic crisis, Greek ship-owners bought 72 ships within the first three months of 2013 and invested $848 million in their companies, a $244 million increase and an additional 32 ships from the previous year.
According to Allied Shipbroking, the shipowners absorbed the 28% of the dry bulk cargo ships that have changed hands between January-March, the 17% of tankers and the 23% of the dry bulk cargo ships.
They invested $420 million to buy 43 dry bulk cargo ships, $352 million for 20 tankers and $75 million for container ships.
During the period from January-March 2013, 315 ships worth $3.476 billion changed hands worldwide, while Greeks remain at the top of the buyers and the Chinese follow with the purchase of 19 ships worth $117 million.

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