The value of the Greek fleet increased by 4.5% to $105.6bn compared to $101bn in 2013. VesselsValue.com said tankers formed the largest part of the fleet with a value of $41.6bn, followed by bulkers with a value of $35.5bn.
Japanese owners had the second largest fleet by value at $89.7bn, up 0.7% on the previous year. Bulkers formed the largest part of the fleet with a value of $40.9bn.
The third largest shipowning nation by value was China, which saw the value of its fleet decline by 2.6% to $70.8bn. Again bulkers were the largest portion of the fleet with a value of $31.6bn.
The fourth largest fleet was in Germany where the value declined 6.6% to $40.7bn, while fifth placed Singapore saw the value of its fleet increase a hefty 25.7% to $38.5bn. However, fastest growing was the sixth place US where the fleet jumped 48.4% to a value of $34.5bn.
VesselValues.com said the global fleet $680.4bn in total in 2014, a 3.2% increase over 2013.
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