China and Greece lead global shipping via different models

China and Greece represent two dominant but distinct models in the global shipping industry. According to an analysis by the maritime brokerage firm BRS, China controls approximately 25% of the world's fleet by number of vessels, while Greece holds about 11%.

The Chinese model is characterized by a centralized system that integrates the state, banks, shipyards, and shipping companies. This approach leverages China's massive industrial base and trade volumes, with state-owned enterprises controlling roughly 44% of its capacity and 64% of newbuild orders.

In contrast, the Greek model is a decentralized business structure primarily composed of private, often family-owned enterprises with an international focus. While China leads in vessel count, Greece maintains a leading position in terms of transport capacity. The Greek-owned fleet consists of nearly 5,800 vessels with a total capacity exceeding 458 million dwt, representing approximately 19.1% of global shipping capacity.