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International Freight Markets and Greek-Owned Shipping, 1945–2000

In: Leadership in World Shipping

Author

Listed:
  • Ioannis Theotokas

    (University of the Aegean)

  • Gelina Harlaftis

    (Ionian University)

Abstract

The cyclical character of the shipping industry and the intense competition between shipping companies globally over the past few decades have led to changes in the hierarchy of world maritime powers, and to the appearance of new powers and to the shrinking of traditional ones.3 In this restive environment, in which serious and protracted crises in the major freight markets are common, Greek-owned shipping is the only traditional maritime power to have remained not just consistently at the peak of world shipping but to have strengthened its leading position. Its share in world shipping, which was barely 1 per cent in 1947, exploded to 12 per cent in 1970 and soared to 17.4 per cent in 2000.

Suggested Citation

  • Ioannis Theotokas & Gelina Harlaftis, 2009. "International Freight Markets and Greek-Owned Shipping, 1945–2000," Palgrave Macmillan Books, in: Leadership in World Shipping, chapter 1, pages 11-28, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-23353-9_2
    DOI: 10.1057/9780230233539_2
    as

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