Greek Shipping Cooperation Committee in London

The soaring of the Greek-owned merchant fleet's numbers since 2010 confirms that the nation is consolidating its position at the top of the global shipping industry.

The removal of 62 vessels from the Greek ship register within the space of a year highlights the Greek flag's declining competitiveness. Along with the losses observed in 2015, the Greek register appears to have shrunk by 100 oceangoing ships in just two years.