S.A. (Greek: A.E) is used as a suffix to denote a public limited company, as in Plc. Angelicoussis ranks first … In particular, Greek shipping continues to hold the first position internationally (Figure 4). Employees: 12,900. search. Nevertheless, overall projections for world seaborne trade exhibit continued expansion, with volumes growing at an estimated annual growth rate of 3.2% until 2022 and cargo flows set to expand across all segments but faster in containerized and major dry bulk commodities trades12. The 40 greatest Greek shipowners control 65% of the Greek fleet based on dwt, according to British shipping services Clarkson’s.. Revenue: EUR 11.5Bn. The Greek Register accounts for 753 vessels (over 1,000 gt) amounting to 41.70 million gt7. It ranges from indirect economic investments, to employment opportunities and to raising the profile of the country internationally by being a strategic trade partner of major economic and political forces, such as the European Union (EU) and the United States of America (USA). The global upswing underway since mid-2016 continued to strengthen through 2017 bringing about a broad-based annual global economic growth of 3.7% 1. Moreover, Greek shipowners control 29.19% of the world crude oil tankers’ fleet, 22.03% of the world dry bulk carriers’ fleet and 15.45% of the world chemical and products tankers’ fleet (Figure 8). The Greek-flagged fleet ranks seventh internationally (Figure 6) and second in the EU (in terms of dwt) (Figure 7). The balanced growth in world shipping demand and supply supported freight rates bringing about encouraging signs, despite contrasting realities across sectors, especially between the earnings of tankers and dry bulk carriers. Founded: 1970. World trade also grew, … The Greek fleet is highly responsive to shifts in trade patterns or the reorientation of trade flows and contributes to the building of new trading partnerships between suppliers and importers in a cost-effective way. John Angelicoussis’ companies include Anangel, Maran Tankers and Maran Gas, and comprise 114 vessels with 20,581,974 dwt and 12,088,789 gt. World trade also grew, by 4.7%, leaving behind the slowest pace since 2009 it had witnessed the previous year. Explore login. Hapag-Lloyd is based in Germany and is the country’s largest ocean liner with five regional headquarters in Piscataway, Hamburg, … In 2017 the first rays of improved market conditions for global shipping made their appearance after a long and deep recession and challenging fundamentals for 2016 across most sectors.