Greek Shipowners Invest Hugely in New Ships

Greek Reporter April 5, 2013

Greek ship-owners bought 72 ships within the first three months of 2013, invest US$848-million in their companies.

While 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, reports the 'Greek Reporter'.

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.

Source: Greek Reporter

Contracts • Ship Sales