October 28, 2021

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.