111 new orders in January-February

Greek shipowners have proceeded with new shipbuilding programs in the first two months of 2026, close to the levels of  2007, when they had placed 560 new orders.

More specifically, Greek shipowners concluded agreements for shipbuilding that correspond to approximately 30% of new orders worldwide in the period January-February 2026.

According to data collected by Intermodal’s analysis director, Yiannis Parganas, on behalf of “N”, companies of Greek interests have placed 111 new orders for ships in the first two months of the year, with investments exceeding 11.7 billion dollars.

As he pointed out to “N”, in February 2026, a total of 64 new orders were recorded from Greek shipping companies, with tankers dominating once again. Specifically, 21 VLCCs, 13 Suezmaxes, 2 LR2s and 12 MR2s were ordered, while 8 bulk carriers, 6 containerships and 2 LNG ships were additionally recorded.

Together with the 47 orders in January, the total for the first two months of 2026 amounts to 111 ships, with investments exceeding 11.7 billion dollars. Orders correspond to approximately 30% of global activity, confirming the leading role of Greek shipping.

“The war in Iran, geopolitical turmoil, the aging of the global fleet and the increasing presence of ships under sanctions that absorb available capacity are strengthening the prospects of the tanker market, leading Greek shipowners to aggressively invest in a period of exceptionally strong freight markets,” he underlined.