The business lives of 25 Greek-owned shipping companies presented aiming at revealing their strategies since their foundation in about 1850s till recently. Furthermore, we showed the strategies that Nonlinear Management suggests which certain of the companies followed. The majority of the managers of the Greek-owned shipping companies, as revealed, controlled their companies feeling four fears: the first derived from the new-buildings; the 2nd came from the premature death of their owner; the 3rd derived from the Stock Exchanges’ and the tentative take-over there, and the 4th came from the shipping depressions. We underlined, especially those companies, which grew faster, and the main facts, which “made Greece a great shipping nation again”, after the almost total destruction of its fleet during the 2nd WW. Moreover, we analyzed the business patterns applied, almost uniformly, by all Greek-owned shipping companies, following an unwritten tradition. Two case-studies of Greek-owned shipping companies also presented. In the 2nd, we used a nonlinear analysis of company’s cash-flow and of its income statement. Last, we showed the recommended successful business strategy, which Greek shipowners have to follow working in a cyclical and unpredictable industry like shipping.
References
[1]
Couper, A. D. (1999). Voyages of Abuse: Seafarers, Human Rights & International Shipping. Pluto Press.
[2]
Goulielmos, A. M. (2021a). Managing Shipping Companies the Way Their Pioneers Did: The Case-Studies of Vafias N Family and Aristotelis S. Onassis. Modern Economy, 11, 2156-2182.
[3]
Goulielmos, A. M. (2021b). Managing Shipping Companies the Way Their Pioneers Do: The Case-Studies of Aristotelis S. Onassis II and Angeliki Frangou, Modern Economy, 12, 247-273.
[4]
Goulielmos, A. M. (2021c). Managing the Shipping Companies the Way Their Pioneering Managers Did: The Case-Study of Stavros Niarchos. Modern Economy, 12, 878-902.
[5]
Goulielmos, A. M. (2025a). The History of the Main Business Patterns of 30 Greek-Owned Shipping Companies: What Explanations Can Be Given by Management? Modern Economy, 16, 1-21. https://doi.org/10.4236/me.2025.161001
[6]
Goulielmos, A. M. (2025b). The History of the Main Business Patterns of 20 Greek-Owned Shipping Companies: What Explanations Can Be Given by Management? Modern Economy, 16, 226-249.
[7]
Goulielmos, A. M. (2025c). The Business History of 22 Greek-Owned Shipping Companies: The Explanations Given by Management. Modern Economy, 16, 499-521. https://doi.org/10.4236/me.2025.163024
[8]
Goulielmos, A. M. (2025d). The Business History of 23 Greek-Owned Shipping Companies: Evaluated by Management II. Modern Economy, 16, 550-571. https://doi.org/10.4236/me.2025.164026
[9]
Goulielmos, A. M. (2025e). The History of 13 Greek-Owned Shipping Companies: Evaluated by Management Plus a Case-Study. Modern Economy, 16, 780-710. https://doi.org/10.4236/me.2025.165037
[10]
Harlaftis, G., & Theotokas, J. (2007). Greek Ship Managers and Shipping Companies: Organization, Control and Strategy. Alexandria Editions.
[11]
Keynes, J. M. (1936). The General Theory of Employment, Interest and Money. Macmillan & Co Ltd.
[12]
Lorange, P. (2009). Shipping Strategy: Innovating for Success. Cambridge University Press.
[13]
Priesmeyer, H. R. (1992). Organizations and Chaos: Defining the Methods of Nonlinear Management. Quorum Books.
[14]
Stokes, P., (1997). Ship Finance: Credit expansion and the Boom-Bust Cycle (2nd ed.). LLP.
[15]
Stopford, M., (2009). Maritime Economics (3rd ed.). Routledge. https://doi.org/10.4324/9780203891742
