of Anastasia Vamvaka
Greek shipowners in the first quarter of 2022 seem to be investing in both cargo ships – traditional sector – and tankers now that their shipping market is loss-making and prices are low, expecting to rise after 20 months of crisis.
According to VesselsValue, since the beginning of the year, domestic shipping companies have invested $ 1.16 billion in the acquisition of 53 cargo ships carrying dry cargo.
Of these, 16 are handy, with a total value of $ 315 million, 12 supramaxes worth $ 231 million and 10 panamaxes worth $ 210 million. At the same time, they have acquired 7 capesize, with a total value of 179 million dollars.
At the same time, Greek shipowners have invested 608.8 million in the purchase of 36 tankers, a container ship (worth 18 million), a LPG carrier and another category according to Allied Shipping Research.
In the investment rally, the Chinese are in second place, having invested $ 1.01 billion for 52 ships, of which 34 are cargo ships, five tankers, two container carriers and two LPG carriers, while the rest are of another type. In third place are Singapore shipping companies with 745 million for 25 ships.
A total of 10,167 billion has been allocated in 2022 for the purchase of 506 ships. In particular, most of the amounts have been given as follows:
– 3.4 billion for 191 cargo ships
– 2.8 billion for 156 tankers
– 2.867 billion for 77 container vessels
– 513.5 million for 30 LPG vessels.
I am Derek Black, an author of World Stock Market. I have a degree in creative writing and journalism from the University of Central Florida. I have a passion for writing and informing the public. I strive to be accurate and fair in my reporting, and to provide a voice for those who may not otherwise be heard.