Monday, October 15, 2012

Hellenic fleet improves

Hellenic fleet improves

The overall number of Hellenic vessels has decreased by 137 vessels in the last year, but only by 78 over the last two years, according to the latest report from Petrofin Research.

This shows a reduction of the Greek fleet last year in the scale of almost 2.5% but only 0.7% over the last 2 years. Last year’s increase has been unusual in the general soft downward trend of the number of vessels over the last 3 years.

"The fleet’s DWT, however, is growing unperturbed, whereas the age is dropping equally steadily.

"It is evident, therefore, that the Greek fleet’s numerical decrease of 3% is insignificant, when compared to the increase in DWT.

"These vessels are managed by 718 companies, compared to 762 in 2011 and 758 shipping companies in 2010", the report said.

The average vessel DWT is up and has reached 57,600 tons DWT per vessel, i.e. a rise of 6%, as opposed to a rise in DWT of 4.2% last year. The increase in vessel size continues uninterrupted since 2001.
Average age has dropped significantly down to 14.7 years, down from 15.92 in 2011.

Published : October 8, 2012

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