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Greek Orders for New Vessels 34% Down in 2014

shipbuilding-industry-e1323413988126Greek shipowners ordered fewer new vessels in 2014 compared to 2013. Last year, 230 new vessels were ordered, significantly less than the 348 ordered in 2013, showing a 34% year-on-year drop.
According to figures from brokerage firm Golden Destiny, the share of ships ordered by Greeks from global orders dropped to 10% in 2014, compared to 12% in 2013.
The total capacity for ships ordered was 24.1 million deadweight tons (dwt) for which Greek shipowners invested 8.41 billion euros.
Dry bulkers and tankers constituted the majority of the orders placed by Greek shipowners. There were orders for 97 dry bulk carriers (against 149 orders in 2013) worth 1.9 billion euros and with a capacity of 10.4 million dwt, while 76 tankers were ordered, compared to 108 in 2013. There were only 22 container ships ordered against 47 in 2013.
Most ships are built in Asian shipyards.

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