Liberia becomes flag of choice for Greek owners

Liberia has become the flag of choice for Greek ship owners and operators, securing the leading position for the first time in more than 40 years since the early 1970s. Figures produced by the Greek publication Shipping & Finance, which bases its findings on data from the Marine Information Services database for Greek and Cypriot shipping companies, confirm that the Greek merchant fleet now includes 800 Liberian-flag ships, 10 more than registered under the Greek flag, and 300 more than are registered under the flag of Panama.