Greek shipowners hold leading position in global orderbookGreek shipowners hold leading position in global orderbook
Shipping has an irreplaceable role in global prosperity and geopolitical stability, the incoming president of Intercargo and treasurer of the Union of Greek Shipowners (UGS) John Xylas, said in his keynote address to the Greener Shipping Summit, in Athens last week.

Emphasising Greece’s strategic role and ongoing innovations in maritime sustainability, Xylas highlighted the country’s efforts to reduce carbon emissions and support the global transition to greener shipping practices, stating: “We must acknowledge decarbonisation is not just an environmental goal but a fundamental shift in how we operate, collaborate, and innovate as an industry.”
Regarding the influence of the Greek shipping industry, Xylas, who is also CEO of Ariston Navigation, said: "Greek shipowners hold the leading position in the global orderbook, with over 500 new ships on order. A significant portion of these vessels are equipped to use alternative fuels, and 35% of the existing fleet is already outfitted with energy-saving technologies."
He added: “Greek shipping controls over 20% of the world’s commercial fleet by deadweight and more than 60% of the EU-controlled fleet. The Greek fleet, which is heavily focused on bulk cargo and tramp shipping, has proven crucial in responding to urgent needs, as demonstrated during the Covid-19 pandemic and the crisis in Ukraine”.
Xylas said the statistics showcase Greece’s leadership in sustainable shipping and its commitment to decarbonisation. “As we look to the future, we must recognise decarbonisation represents a fundamental transformation toward a sustainable maritime future,” he said.
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