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

By | 2021 Newsletter week 43 | No Comments

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.

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By | 2020 Newsletter week 17 | No Comments

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.