%0 Journal Article
%T The History of the Main Business Patterns of 30 Greek-Owned Shipping Companies: What Explanations Can Be Given by Management?
%A Alexandros M. Goulielmos
%J Modern Economy
%P 1-21
%@ 2152-7261
%D 2025
%I Scientific Research Publishing
%R 10.4236/me.2025.161001
%X We analyzed the business history of 30, or so, Greek-owned shipping companies & revealed the following 7&#8212;at least&#8212;main characteristics: &#8226; Twenty-four owners out of 30 (80%) come from a Greek island. &#8226; All owners belong to a family (100%). &#8226; Twelve companies out of the 30 (40%) were clearly traditional. &#8226; Seventy-three % of the companies mobilized 1 generation or more, as follows: 1 generation 8 companies; 2 - 3 generations, 17; 4 - 5 generations 6. &#8226; Seven (21%) companies showed a Rapid growth Strategy<sup>1</sup>, reaching up to & over 1m dwt; 6 (18%) a Medium growth Strategy, of up to & over 1/2m dwt; 6 a Low Growth Strategy, from say 20,000 dwt to 499,999 dwt, while 14 companies did not state their dwt. &#8226; Eight companies out of 30 obtained 1 at least Liberty ship from the 107 built in USA in 1946. &#8226; From the 1<sup>st</sup> group, 2 companies established also a ship-broking office; 2 established an office in Piraeus, 7 in London & 2 in NY; 5/10 of the owners had a prior sea profession, & also 5/10 of the owners established their own shipping company; 3/10 of the companies had partners; also 3/10 built new ships. &#8226; Similar patterns as the 1<sup>st</sup> group were followed by the other 2 groups.
%K The Long-Term Patterns of 30 Greek-Owned Shipping Companies
%K The Multi-Member Families
%K The Role Played by the Greek Islands
%K The Shipping Tradition
%K The Country Where Everyone Wants to Set-Up His/Her Shipping Company
%K The 107 Ships Built in USA for Liberty
%K Play with Company&#8217
%K s Assets
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=138744