Lack of slipways reduces new ship orders by Greeks

Last month Greek shipowners ordered the construction of 41 new vessels, at a total cost of $2,283 million, which marks a slight decline from previous months due to the lack of slipways, according to data compiled by shipbroking agency George Moundreas. The company’s monthly survey showed that 34 of the new ships ordered were bulk carriers, with a total capacity of 3,606,400 deadweight tons; another five are tankers, whose capacity amounts to 298,000 dwt and two are liquefied petroleum gas (LPG) carriers, with a capacity of 44,000 cubic meters. The investment in each category is $1,937 million for dry-bulkers, $242 million for tankers and $104 million for LPG carriers. The reduction in the amounts invested compared to the previous two months is explained, according to the George Moundreas agency, by the fact it is hard to find vacant slipways at shipyards and by the difficulty of securing engines for vessels, which all shipbuilders are facing. The Greek-owned companies to place new orders last month were Phoenix, Quintana, Centrofin, Tsakos, Brave, Enesel, Union Mar, Metrostar, Liquimar, Ionia, NGM and Naftomar. All new ships will be delivered from 2009 to 2011.

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