TITLE:
The Methods Suggested by Theory for a Shipowner to Become Industry’s Leader
AUTHORS:
Alexandros M. Goulielmos
KEYWORDS:
Greek Shipping Features, Build or Buy Ships? How a Shipping Company Can Become More Efficient and Effective? 2005-2012: Ships Ordered in Falling Demand, Financial Engineering-Financial Analysis & Income Statement, AI and Shipping
JOURNAL NAME:
Modern Economy,
Vol.17 No.4,
April
16,
2026
ABSTRACT: We showed the most important features of the Greek Shipping. Α brief case-study showing how a small agricultural and mountainous Nation, of less than 11m inhabitants, established, by 2025, 1440 international tramp shipping companies. Worth-noting was the fact that Greeks consistently looked after “economies of scale”, and of “lower age”, also in their 2nd hand purchases as well as in ordering their newbuildings. Moreover, three neglected subjects were brought up: (a) the importance of the elasticity of Supply (of a ship space); (b) the changes in the maritime distances and (c) the meaning of the “price of oil” for tanker demand. In addition, an analysis took place for 2005-2012, where shipowners, for their first time, ordered tankers and bulk carriers during a continuous falling demand... In addition, this work dealt with 3 important subjects: “Financial Engineering”, “Financial Analysis” and “Income Statement Analysis”. In addition, the AI, robots, and nano-satellites etc. are considered how they are going to influence shipping in future.