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Greek shipowners invest in new containerships
Last Updated: 2025-03-07 16:22 | Naftemporiki
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By Paris Tsirigotis
 
The rekindling of Greek shipowners' interest in investing in containerships is reflected in the recent surge of new orders.
 
Despite the sluggish start and the reduced dependence of many liners on charters, recent data from shipbrokers indicate an increase in demand for new capacity in the Greek-owned fleet.
 
Among the companies that added new ships to their order book is Danaos, which has been "running" a shipbuilding program for 22 containerships over the past four years, of which seven have been delivered.
 
At the same time, TMS is also increasing its orderbook, which has placed a new order for ten container ships, each with a capacity of 11,400 TEUs.
 
Other Greek shipowners are also showing confidence in the revival of the sector, such as the US-listed Navios, which is constantly expanding its fleet.
 
In particular, in the container ship sector, Navios' order book includes two 7,700 TEU ships and four 7,900 TEU ships.
 
Deliveries are set between 2025 and 2027, while all ships are reportedly committed to long-term charters at attractive prices.
 
Euroseas also remains active, with a fleet of 22 container ships.
 
Last month, the company, which is listed on the New York Stock Exchange, delivered two new containerships, each with a carrying capacity of 2,800 TEUs.
 
The two ships are part of the company's shipbuilding program, which includes a total of nine boxships, while Euroseas' fleet will consist of 27 ships with a total carrying capacity of 86,873 TEUs in 2027.
 
Market trend
 
The containership charter market recorded a decline in the first eight weeks of the year, with the Freightos Baltic Index (FBX) recording losses of more than 25%.
 
According to shipping brokerage Braemar, uncertainty over developments in the Red Sea and tariff issues has not yet left an imprint on the orderbook. New orders continue at a rapid pace, and so far this year, 40 ships or 393,000 TEUs have been ordered, with a focus on very large ships (ULCS). Bunker vessels remain a key consideration for pioneers. 

(Editor: liaoyifan )

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Greek shipowners invest in new containerships
Source:Naftemporiki | 2025-03-07 16:22
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