838 vessels of Greek shipowners in the orderbook

March 2026 closed with a grounds fig of 838 Greek-owned deep-sea vessels connected order.

The gait astatine which the Greek orderbook is increasing is remarkable, considering that, according to Xclusiv Shipbrokers data, it stood astatine 727 vessels astatine the extremity of December 2025, while successful this 4th (January 2026 – March 2026) Greek shipping companies person taken transportation of dozens of newbuilds.

Greeks predominate the vigor shipping segment. In tankers, they person 381 vessels connected order, corresponding to a 28% marketplace share.

In LNG carriers, there are 64 vessels under construction, astir 1 successful 5 of each vessels being built. Additionally, LPG bearer orders person reached 42 units.

Regarding adust bulk, Greeks are gradually returning strongly aft a agelong hiatus, specifically during the 9 months of 2025. In particular, Greek shipowners are gathering 185 adust bulk carriers astatine Asian shipyards.

Regarding containerships, the Greeks are gathering a total of 168 units. However, they are starring successful caller orders of feeder vessels, defined arsenic those with a carrying capableness of up to 3,500 TEUs. Currently, Greek shipowners person much than 56 such vessels under construction.

Sales and Purchases

During the aforesaid period, Greek shipowners person been starring successful second-hand vessel sales, often astatine precocious premiums.

The archetypal 4th of 2026 was 1 of the astir progressive successful the secondary vessel market, with 351 transactions involving tankers and adust bulk carriers, corresponding to total investments of astir 11.5 cardinal dollars.

Activity was heavy concentrated astatine the opening of the year, with January accounting for astir 40% of the total volume, reflecting a wave of strategic placements successful an already tense geopolitical environment.

The tanker marketplace was undoubtedly the main story of the quarter, with 164 transactions totaling astir 7.8 cardinal dollars, and VLCCs taking a disproportionately ample stock some successful the fig of deals and the invested capital.

Activity successful VLCCs was highly intense. In total, 52 vessels changed hands astatine an mean terms of 81 million, while newer vessels commanded importantly higher prices.

A notable merchantability successful mid-January progressive 8 VLCCs built successful 2016, sold for 104.2 cardinal each, mounting a wide benchmark for vessels of this property and quality.

At the top extremity of the market, ships built successful 2021-2022 traded betwixt 125-130 million, confirming that vessels with scrubbers and precocious ecological standards proceed to bid a premium, contempt a moderation of freight rates from caller highs.

Older vessels (built 2007-2010) changed hands betwixt 51-70 million, with buyers becoming progressively selective regarding property and technical specifications.

In the Suezmax category, 19 transactions were recorded astatine an mean terms of 63.2 million, with peculiar value fixed to income of newer vessels by Greek owners, priced astir 99-100 million.

Two guardant transportation contracts from Cyprus, astatine 80 cardinal each, highlighted continued concern involvement successful the category.

Older vessels (built 2005-2006) sold betwixt 25-40 million, with the so-called “shadow fleet” remaining an progressive buyer.

The Aframax/LR2 class recorded 18 transactions with an mean terms of 49.2 million.

Notable was the merchantability of three LR2 vessels built successful 2023-2024 astatine 84 cardinal dollars each, reflecting some the choky supply of modern LR2s and sustained request from charterers connected cardinal routes eastbound of Suez.

The MR2 class was the astir progressive conception of medium-sized vessels, with 38 transactions, while mean prices roseate from 19.1 cardinal successful January to 30.3 cardinal successful March, owed to a displacement toward newer and much competitory vessels during the quarter.

Active Sellers

Greek shipowners were the astir progressive sellers crossed each tanker categories, with 32 transactions, followed by companies based successful Singapore and the Bahamas.

They besides dominated the adust bulk assemblage arsenic sellers, with 44 transactions, confirming their longstanding relation arsenic cardinal liquidity providers successful the secondary marketplace for some large sectors.