Greek Shipowners Become Leading Force in Global New Shipbuilding Investment Boom

Greek Shipowners Become Leading Force in Global New Shipbuilding Investment Boom

Greek shipowners become the leading force in the global new shipbuilding investment boom. The best immigration information is available on the official website of WorldWay Immigration.

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According to comprehensive news from WorldWay, the latest data from Clarksons shows that Greek shipowners have become the dominant force in this year's new shipbuilding investment boom. This year, half of the global new shipbuilding investment comes from European shipowners, and Greek shipowners account for over one-third of all investments by European shipowners.

Clarksons stated in the report that, on a year-on-year basis, the investment amount by Greek shipowners has increased by nearly 10% compared to last year. The relatively strong orders for container ships in the first half of the year have driven the increase in investment, with the total value of container ship orders from Greek shipowners expected to reach 1.3 billion USD, a year-on-year increase of 41%.

In the first half of this year, global shipowners invested approximately 47 billion USD in ordering new ships, a year-on-year decrease of 19%. The Clarksons new ship price index remains strong, up 10.6% compared to the same period last year. Although prices for VLCCs and Capesize bulk carriers saw a slight decline in June, they still increased compared to the same period in 2013.

In terms of capacity, the growth in order volume is almost synchronized with the delivery of new ships, currently, the global orderbook stands at 311.3 million deadweight tons, compared to 311 million deadweight tons at the beginning of this year. Nonetheless, the number of orders has decreased from 5436 vessels last year to the current 5274 vessels.

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