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While small-sized companies constitute the majority, they man-
age only a small fraction of the fleet. Conversely, large-sized
companies, despite being a minority, control the largest per-
Table 3 Distribution of the fleet by company size for the period centage of the fleet. In any case, the percentage distribution
2023-2025 of the fleet based on the size of the ship management compa-
Source: Analysis of data sourced by Greek Shipping Publications
nies has remained relatively stable over the past three years.

2025 2024 2023

Small-sized companies 15% (815) 16% (817) 16% (835)
Medium-sized companies 31% (1,646) 29% (1,482) 28% (1,440)

Large-sized companies 54% (2,879) 55% (2,859) 56% (2,916)

General Overview
In the wider Piraeus/Athens area, 5,340 commercial ves-
sels exceeding 1,000 GT are reported, excluding passenger
ships and support vessels. The total capacity of the fleet
is 447,033,366 DWT, with an average age of 13.3 years.
Compared to the corresponding 2024 research, the fleet
has significantly increased by 182 vessels. The average fleet
age has risen by 1.1 years. Thus, despite their intense activity
in the second-hand market, shipping companies in Piraeus/
Table 4 Fleet characteristics for the period 2023-2025 Athens continue to manage a modern fleet.
Source: Analysis of data sourced by Greek Shipping Publications

Number Vessel capacity Average vessel Average vessel
of vessels (million DWT) capacity (DWT) age (years)

2025 5,340 447 83,732 13.3
2024 5,158 436 84,444 12.2

2023 5,191 441 85,004 12.1

Regarding the average capacity of the fleet’s vessels,
a declining trend has been observed in recent years: the
average capacity was 85,004 DWT in 2023, whereas today,
it stands at 83,732 DWT.
Significant differences emerge between different ship types.
The average capacity of the fleet’s 2,719 bulk carriers (50.9%)
is 80,895 DWT, with an average age of 13.1 years.
Tankers, which make up 29.6% of the fleet, are on average
larger and younger, with the fleet’s 1,582 tankers having
an average capacity of 110,855 DWT and an average age of
12.7 years.
The fleet’s 525 containerships (9.8%) have an average capac-
ity of 58,513 DWT and an average age of 15.2 years, while the
156 LPG carriers (2.9%) of the fleet have an average capacity
of 24,809 DWT and an average age of 11.1 years.
LNG carriers remain, as expected, the youngest ship type: the
fleet’s 179 LNG carriers (3.4%) have an average capacity of
89,679 DWT and an average age of 7.6 years.
The other types of ships, which represent 3.4% of the fleet
(179 vessels), have an average capacity of 11,339 DWT

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