Merchant Navy - Greek Merchant Navy

Greek Merchant Navy

For more details on this topic, see Greek Merchant Navy.

According to the Bureau of Transportation Statistics and the World Factbook, the Greek maritime fleet is today the largest in the world, with 3,099 vessels of 1000 Tonnes or more (December 13, 2007) accounting for 18% of the world's fleet capacity. About half of the vessels fly the Greek flag and the remainder mainly flags of convenience. Greek vessels consist about half of total EU tonnage and created 7.6% of Greece's GDP in 2007 (about 17 billion euros). Thus Greece is the largest shipping-nation in the world with a total of 141,931,000 metric tons deadweight (DWT). In terms of ship categories, Greece ranks first in both tankers and dry bulk carriers, fourth in the number of containers, and fourth in other ships. In the 1970s Greece was even bigger with circa 5000 ships.

Read more about this topic:  Merchant Navy

Famous quotes containing the words greek, merchant and/or navy:

    The poets were not alone in sanctioning myths, for long before the poets the states and the lawmakers had sanctioned them as a useful expedient.... They needed to control the people by superstitious fears, and these cannot be aroused without myths and marvels.
    Strabo (c. 58 B.C.–c. 24 A.D., Greek geographer. Geographia, bk. 1, sct. 2, subsct. 8.

    Again, the kingdom of heaven is like a merchant in search of fine pearls; on finding one pearl of great value, he went and sold all that he had and bought it.
    Bible: New Testament, Matthew 13:45,46.

    Give me the eye to see a navy in an acorn. What is there of the divine in a load of bricks? What of the divine in a barber’s shop or a privy? Much, all.
    Ralph Waldo Emerson (1803–1882)