Greek shipowners, who still dominate the world industry while fending off challenges from China and Japan, are meeting it, spending about $5 billion in 2024 in acquiring 221 vessels to add to their fleets.
They also sold off ships for some $8 billion to cash in on high prices, according to preliminary data from the research department of the shipping brokerage firm Allied Shipbroking, said Kathimerini.
Source: The National Herald
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