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Greek shipowners maintain their leadership in the tanker fleet--China Economic Net
中国经济网·2025-01-31 03:25

Industry Overview - Greek shipowners maintain global leadership in the tanker fleet with a value exceeding 70 billion dollars, ranking first in the tanker category with a fleet worth 71.3 billion dollars [1] - China ranks second in the tanker fleet category with a value of 47.9 billion dollars, followed by Japan at 35.3 billion dollars [1] - Despite having fewer ships, the Greek tanker fleet's value increased by almost 2 billion dollars compared to the previous year, reaching 71.3 billion dollars [1] Fleet Value by Category - In the LNG carrier fleet, Greece ranks second globally with a total value of 32.4 billion dollars, behind Japan's 40.9 billion dollars [1] - Greece holds the third position in bulk carriers with a fleet worth 54.4 billion dollars, trailing Japan (61.9 billion dollars) and China (68.5 billion dollars) [1] - In the container ship sector, Greece ranks fifth with a fleet value of 18.3 billion dollars, behind China, Japan, Singapore, and Germany [1] Energy Transition and Decarbonization - The global shipping community is discussing decarbonization, with the International Chamber of Shipping (ICS) and the Hellenic Shipowners Association proposing a greenhouse gas emissions pricing mechanism [1] - The proposed mechanism aims to achieve net zero emissions by reducing the price gap between zero/near-zero emission fuels and conventional marine fuels, incentivizing the adoption of green energy sources [1] - If adopted by IMO Member States in April 2025, the GHG pricing mechanism is expected to enter into force globally by early 2027, with revenues supporting developing countries' efforts to reduce emissions [1] Market Dynamics - The Chinese bulk carriers and containerships fleet values are 68.5 billion dollars and 63.5 billion dollars, respectively, despite having more ships than the Greek tanker fleet [1] - Greece ranks seventh in the vehicle carrier sector, highlighting its strong presence in tankers and LNG carriers but relatively weaker position in other shipping categories [1]