Here is an infographic given by the ship appraisal specialists at VesselsValue.com revealing the globe’s leading 10 ship-owning countries in the year 2017.

As you can see Greece is top on the listing regardless of a 12% dip in fleet worth. VesselsValue.com Senior Analyst William Bennett offered the adhering to discuss the brand-new information:

Bulkers

“Bulkers have had a deceptively good 2016 following the record lows at the start of the year. The top three bulk owning nations: Greece, Japan and China, have seen their fleets rise by over USD 4 billion each. This growth has been supported by strong acuisitions following some of the lowest asset prices seen since the 1980s.”

German Fleet

“The German container fleet shrunk by nearly USD 11 billion throughout 2016 after large losses in the sector. The largest softening was experienced in the panamax and post-panamax sectors with some vessels losing up to 60% of their value. German losses are fuelled by this as 59% of their fleets consists of panama and post-panamax vessels.”

Shrinking Fleets

“Greek tanker owners started 2016 earning more than USD 100,000/day on their vessels. However, the rest of the year has been predominantly bearish. By the end of 2016 the Greek fleet had shrunk by close to USD 11 billion. Coming in second was the USA whose fleet lost USD 4 billion, less than half of the Greek losses.”

VesselsValue.com informs gCaptain that it is necessary to keep in mind that nation amounts to consist of offshore vessels in addition to ocean-going ship kinds (i.e. container, vessel, bulker and also gas vessels).