Greece remains the undisputed number one shipping nation in the world, and Liberia remains the number one flag of choice for Greek shipowners
With more than 5,062 registered vessels, aggregating more than 220 million gross tons, or 14% of the world fleet and average fleet age of 13 years, the Liberian Registry is the largest quality registry worldwide. In addition, Liberia has been the preferred flag of choice for Greek shipowners, according to the Greek Shipping Co-operation Committee of London, accounting for 25.3% of DWT of the Greek controlled fleet, as published in March 2022. Current statistics on the Greek fleet as of April 2022, show that 1,450 Liberian flagged vessels are controlled by Greek shipowners. This news is testament to the strong links which have existed between Greek shipping and the Liberian flag, dating back to 1949, when the Stavros Niarchos-owned oil tanker World Peace became the first ship to be registered under the Liberian flag. From that modest early operation, until the present day, the Greek shipping community has supported the Liberian Registry, and vice-versa, through good times and challenging times. In fact, this relationship has grown even stronger during hard and challenging times, when shipowners and operators have looked to their ship registries for innovative solutions to help maintain efficiency and profitability, and it has always been close and mutually respected, founded on trust, solidarity, commitment, credibility and responsibility.
The Liberian Registry was established with major assistance by Greek shipowners back in 1948. Greece remains the undisputed number one shipping nation in the world, and Liberia remains the number one flag of choice for Greek shipowners. Liberia has contributed to the quality growth of Greek shipping, which is testament to the spirit of trust, respect and partnership existing between the Greek ship-owning community and the Liberian Registry. That has been attributed to the unparalleled, non-bureaucratic services both locally in Greece and globally, as well as the Registry’s investment in industry-leading technology, and cost-saving advantages that come from using the Liberian Registry. This relationship and spirit of partnership was critical as the attained Maritime Transportation agreement between China and Liberia that has among other benefits reduced the Chinese tonnage port dues by 28% for the Liberian flag vessels calling Chinese ports, was driven by the urge, and the advocating desire of the Greek shipowners. Our motto “All Services Locally” has received acceptance, recognition, and appreciation by the Greek shipping community. Our capability to offer all services locally in Piraeus and worldwide, saves time as well as money for the shipowners. Our approach to Greek shipping is simple, based on hard work, consistency, responsibility, credibility, immediate response and service around the clock. Our aim is to find solutions to better support both vessels and operators. As the Liberian Registry celebrates its 74th anniversary of operation in the internationally competitive shipping industry, where longevity is a badge of honor awarded only to businesses that are in it for the long haul, and survive because of the quality of services they provide, we feel honored to be part of the Greek Shipping community. Our gratitude and commitment to the Greek shipping community has been the ground we have been founded on since 1948, and that’s why we continue to honor Greek shipping more than ever today.