The Greek Merchant Fleet is “Sinking”



ship ownersAccording to the Hellenic Statistical Authority (ELSTAT), the merchant vessels that are registered at the Greek merchant navy hardly reach the number of 1,909. This number shows that there was a loss in the power of the Greek merchant navy by 2.7 percent within the last year.

The decrease that the Greek merchant navy suffered was smaller concerning last year’s percentage of loss. For the period 2011-2012 the percentage of the decrease was 3 percent, while for the period 2012-2013 was 2.7.

In addition, ELSTAT reports show that Greek vessels (vessels of 100 or more register tons) can store up to 44,241,594 register tons in total. That means that the storage capacity of the Greek vessels has increased by 0.6 percent for the period 2012-2013.