Greek Merchant Navy
The Hellenic Merchant Marine refers to the Merchant Marine of Greece, engaged in commerce and transportation of goods and services universally. It consists of the merchant vessels owned by Greek civilians, flying either the Greek flag or a flag of convenience. Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and a key element of Greek economic activity since the ancient times. Nowadays, Greece has the largest merchant fleet in the world, which is the second largest contributor to the national economy after tourism and forms the backbone of world shipping. The Greek fleet flies a variety of flags, however some Greek shipowners gradually return to Greece following the changes to the legislative framework governing their operations and the improvement of infrastructure.
 Development in Asia
Greek firms have managed to greatly capture the immense expansion of Asia, particularly China. It is mostly the dry bulk shipping firms that have benefited from the development, since iron ore and coal are the two major resources that are required for a country's infrastructure to be taken to the next level.
|Economy of Greece|
Ever since the beginning of the new millennium, China has provided very lucrative contracts both on the spot, and time charter market for dry bulk shipowners. As a result, many new shipping tycoons were created.
 Hellenic Merchant Marine Rank Insignia of Bridge or Deck - Officers
 Hellenic Merchant Marine Rank Insignia of Engineer Officers
Engineer Officers use exactly the same Rank Insignia as Bridge officers. The only difference is that "in between" the golden stripes, the color is not black but dark red. In some cases, dark purple has been used, however dark purple refers usually to Electrician Officers. Engineer Officers come from the same Merchant Marine Academies as Bridge Officers. All other Officers found on board Hellenic Merchant Marine Vessels, come from Universities and other higher education institutes.
Other Officers that serve on board Hellenic Merchant Marine vessels are: Economic Officers, Electricians, Doctors and Radio Officers.
- note that the highest ranks that can be obtained in the Hellenic Merchant Marine are the Captain and the Chief Engineer and both officers come from the Merchant Marine Academy.
No other type of officer can reach these ranks.
 Rank Exceptions
There are two more ranks that can be found on Hellenic Merchant Marine vessels, namely Staff Captain and Staff Chief Engineer. Both these ranks can be found only on passenger and cruiser-pleasure yachts. These officers assist the Captain and the Chief Engineer in turn while both have acquired the Diploma of Captain and Chief Engineer. However, they have a smaller service record and wait for their turn for the top of the line rank.
Hellenic Merchant Marine Officers get their promotions after a 2 years service period from 2nd Officer rank to Chief Officer rank and after 6 months of studies and exams at the KESEN center. KESEN stands for Center for the Education of Merchant Marine Officers.
To become Captain is 3 years sea service period and 6 months of studies and exams at the KESEN center.
All other Officers are promoted after evaluations from the Ship Owning Company.
Most Greek shipping has been run as a family business, with family members located in key ports or in key positions, and with marriages cementing relationships between commercial dynasties. These close-knit families have allowed financially sensitive information to be kept within the local community, with many transactions kept within trusted family networks.
The twentieth century saw more Greek shipping families established, including:
- Lemos of Oinousses
- Pateras of Oinousses
- Onassis of Smyrna
- Livanos of Chios
- Carras of Chios
- Goulandris of Andros
- Embeirikos of Andros
- Latsis of Peloponnese
- Negroponte[disambiguation needed] of Syros
- Chandris of Chios
- Niarchos of Piraeus
- Los[disambiguation needed] of Chios
- Soutos of Samos
Other contemporary shipowners include:
 Greek shipping companies
Some notable Greek shipping companies include:
 See also
- List of ports in Greece
- Aristotle Onassis
- List of Greek companies
- Economy of Greece
- Greek Steamship Company (also Hellenic Steam Navigation Co. and New Greek Steamship Co.)
- Greek Ministry of Mercantile Marine
- Shipping directory
- Greek Shipping Publications
- History of Greek shipping
- Posidonia-Bi-annual International Shipping Exhibition
- Greek freighter DIAMANTIS, sunk on 3 October 1939 by German U-Boat U-35
- House flags of Greek shipping companies
- George Bitros and Ioanna Minoglou: Entrepreneurship and market order: Some historical evidence  Munich University Personal RePEc Archive
- Review of maritime transport 2007
- The marine sector in Greece
- Hellenic Shipping Business Networking