XRTC’s 20th Annual Report on the Greek Ferry Market 2021

By 2021 Newsletter week 43

Ferry Shipping News already wrote about this report from XRTC Consultants. Below you can now access the English version of this study.

  • One of the biggest challenges facing the industry is the renewal of the (Greek) Ferry Fleet.
  • According to a relevant study by NEE and SEEN, in 2030, 32.7% of the Ferry Fleet will be older than 40 years, with 18 ships being older than 50 years.
  • Characteristic of the aging of the fleet is that the whole fleet is over 7 years old with a median age of 25 years.
  • This means that in the next 10 years, 50% of the existing fleet will have to be replaced.

TOP STORY

By 2020 Newsletter week 17

The Hellenic Coastal Shipping Urgently Needs Financial Support, Says XRTC

According to the recent XRTC study, the Hellenic Coastal Shipping will need a monthly financial support immediately – for as long as the crisis lasts – ranging from EUR 22 to 30 million, in order to face the unexpected consequences of Covid-19.