Greek shipping will soon increase its share of the global fleet from 21% to 25%, the chairman of the board of directors of Diana Shipping Inc, Simeon Palios, stated.
In the context of the Delphi Economic Forum X, Palios explained that “Greece’s share amounts to 21% worldwide and we will soon rise to 25%. This is certain. Every four days a Greek ship is built in China, every six days one in South Korea and every seven days one in Japan.”
He underlined that Greeks are considered the best shipowners in the world and added: “The new generation of Greek shipowners is coming, which is much more qualified than the old generation, and I envy them because they have all the potential to go even further.”
Regarding the tariffs announced by the US government, Palios noted that in order to assess the effects “we must first see where the ball will land.”
Commenting on the US stock markets’ tumble, he said that they do not directly affect his company and reiterated his belief that being listed on the stock market works positively for shipping companies.
Palios noted that bureaucracy must be combated in Greece, while he called on young Greeks to get involved in the shipping sector. “Greek children have misunderstood the concept of the profession, it is an excellent profession. Also, the salaries are good, starting from 2,500 euros and exceeding 14,000 euros,” he concluded.
