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SAFETY4SEA

UGS: Greek shipowners manage 20% of the global fleet

by The Editorial Team
March 10, 2025
in Shipping
UGS Greek fleet

Credit: Shutterstock

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The Union of Greek Shipowners (UGS) highlighted the leading role of Greece in international shipping, with Greeks managing 20% of the global fleet.

According to the Union of Greek Shipowners, Greek shipowners manage 20% of the global fleet with the percentages to be even higher for certain sub-categories, specifically for bulk carriers, tankers and LNG carriers.

In addition, 25% of the global fleet of bulk carriers is under Greek management, while the corresponding percentages for tankers and LNG carriers are 30% and 25%. UGS also highlights the significant presence of Greeks  in liner shipping, as 8.1% of the global containership fleet and 8.3% of the global vehicle carrier fleet are under Greek management.

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To remind, a McKinsey report pointed out that Greece has consistently ranked among the world’s top maritime nations, holding a leading position in shipping capacity based on deadweight tonnage.

The report estimated that the Greek shipping sector contributes roughly $14 billion to the domestic economy and supports around 150,000 jobs, both directly (seafarers, shipmanagement) and indirectly (across various shipping-related sectors like hospitality, real estate, and media). 

UGS: Greek shipowners manage 20% of the global fleetUGS: Greek shipowners manage 20% of the global fleet
UGS: Greek shipowners manage 20% of the global fleetUGS: Greek shipowners manage 20% of the global fleet
Tags: Greeceshipping industryshipping marketUnion of Greek Shipowners
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