Page 86 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - SEPT 2025

Annual research

and an average age of 24.2 years, rendering this category
the one with the smallest average capacity and the high-
est average age. A significant percentage of these ves-
Table 5 Fleet characteristics distributed by ship type sels consists of smaller-capacity cargo ships and tankers,
Source: Analysis of data sourced by Greek Shipping Publications which mostly operate in shortsea shipping.

Number Percentage Average vessel Average vessel
of vessels of vessels capacity (DWT) age (years)

Bulk carriers 2,719 50.9% 80,895 13.1

Tankers 1,582 29.6% 110,855 12.7
Containerships 525 9.8% 58,513 15.2

LNG carriers 179 3.4% 89,679 7.6
LPG carriers 156 2.9% 24,809 11.1

Other ship type 179 3.4% 11,339 24.2
Total 5,340 83,714 13.3

A first look at the fleet’s characteristics based on the size
of the management company provides insights into the find-
ings of the axes analysis that will follow. The average capacity
of the 815 vessels (15%) of the small-sized companies’ total
fleet is 55,816 DWT, with an average age of 16.1 years.
Small-sized companies tend to manage smaller and older
vessels, two factors that are interconnected, as the flexibility
of the smaller vessels allows them to have a longer economic
lifespan.
The 1,646 vessels (31%) of the medium-sized companies’
total fleet have an average capacity of 70,065 DWT and
an average age of 13.6 years. Regarding vessel age, no signif-
icant variations are observed compared to the overall fleet.
The average capacity of the 2,879 vessels (54%) in the total
fleet of large-sized companies is 99,449 DWT, with an aver-
age age of 12.4 years. Consequently, companies of large size
tend to manage larger and more modern vessels.

Table 6 Fleet characteristics based on company size
Source: Analysis of data sourced by Greek Shipping Publications

Number Average vessel Average vessel
of vessels capacity (dwt) age (years)

Small-sized companies 815 (15%) 55,816 16.1
Medium-sized companies 1,646 (31%) 70,065 13.6

Large-sized companies 2,879 (54%) 99,449 12.4
Total 5,340 83,732 13.3

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