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Modern Economy Vol No.1,January 29, DOI: /me Downloads.
The number of Greek shipping magnates and of those employed in this business is almost proportional to the Greek share in the world merchant shipping, as stated by the British online edition Lloyd's List.
It presents 15 Greek shipping magnates and persons with positions in business, who are on the list of the most influential people in the shipping industry in Based on transport capacity, Greek cargo ships comprise 16% of the world fleet.
First among the Greek ship owners and fifth in the overall ranking is John Angelicoussis, owner of Angelicoussis Shipping Group, followed by Angeliki Frangou, Navios Group, who is eighth on the list and George Economou (DryShips) who is ninth.
John Angelicoussis manages a huge fleet consisting of 93 vessels, including 45 commercial and 41 fuel tanks.
The year-old ship owner continues the family tradition. The company was founded by his father Antonis who was a successful businessman and was awarded by the governments of Greece and the UK for