BUSINESS

Shippers increase investment in new vessels

Greek shipowners spent over 9.5 billion euros last year on the construction of 275 new ships with a total capacity of over 24.5 million deadweight tons (dwt).

This has led the total capacity of Greek-owned vessels being built to soar by 364 percent compared with 2012, according to a press release by Posidonia Exhibitions SA published on Wednesday.

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