Greek tanker rush lifts newbuilding market; Cyprus-linked firms stay active

Greek shipowners staged a strong return to the newbuilding market in the first quarter of 2026, with orders rising sharply and tankers accounting for the bulk of the activity, according to data cited by Xclusiv Shipbrokers.  

Greek interests ordered 102 vessels in the January-March period, up from 33 a year earlier, as total global contracting climbed to 422 ships from 315 in the same period of 2025.  

The rebound was led by a decisive shift back into tankers. Greek owners...