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Angelicoussis crowned the highest valued Greek shipping billionaire

Greek shipping stats keep coming in thick and fast to the Splash newsroom ahead of next week’s Posidonia exhibition in Athens.

Online pricing portal VesselsValue is the latest to issue their take on the Greek merchant fleet, crowning John Angelicoussis (pictured left) as the highest valued Greek shipping billionaire, whose 129 ships are valued at $7.9bn. In second place is George Economou’s whose diverse fleet is valued at $7.17bn, while George Procopiou is in third with a fleet worth $5.63bn.

The useful infographic created by VesselsValue (pictured below) shows that since the last edition of Posidonia in 2016 Greece has ordered the largest amount of newbuilds – worth some $8.92bn in total as well as spending more than any other nation – $8.53bn – in the S&P markets to snap up 582 vessels.

Exclusive VesselsValue data pertaining to the Greek fleet is carried in the latest issue of Maritime CEO magazine, which is set to be distributed at many events across Athens and Piraeus next week.

Splash, which this year is sponsoring Posidonia, will be bringing readers unrivalled coverage of the Greek show all next week.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.


  1. Sam,

    It’s time you change ““splash247.com”” to ““dominate-the-market365.com””.

    Indeed Congratulations to All of You for a job well done.

    Jane, entered a Nursing Home in England. I shall much miss POSEIDONIA ‘18.

    All best,

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