ELSTAT: Greek Merchant Fleet Sees 0.4% Decline in Numbers in March 2024

The number of Greek-owned ocean-going vessels, consisting of ships of more than 100 GRT, saw a reduction in March 2024.

According to data by the Hellenic Statistical Authority (ELSTAT), the Greek-owned fleet’s strength decreased by 0.4% compared to March 2023. This follows a previous decline of 0.7% from March 2022 to March 2023.

In addition, the total capacity of the Greek merchant fleet experienced a significant drop. The capacity fell by 3.5% in March 2024 compared to the same month in 2023.

This continues the downward trend from the previous year, which saw a 4.7% reduction in capacity from March 2022 to March 2023.

Greek-owned or controlled shipping traditionally is first terms of transport capacity.