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The History of 13 Greek-Owned Shipping Companies, Evaluated by Management, plus a Case-Study
Department of Maritime Studies, Faculty of Maritime & Industrial Studies, University of Piraeus, Piraeus, Greece
Department of Transport & Logistics, Business College of Athens, Athens, Greece
- 1 Department of Maritime Studies, Faculty of Maritime & Industrial Studies, University of Piraeus, Piraeus, Greece
- 2 Department of Transport & Logistics, Business College of Athens, Athens, Greece
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Abstract
We presented the business lives of 13 Greek-owned Shipping Companies. The aim was to reveal their strategies since their foundation. This is a small sample from a greater number of about 150 companies. We compared their strategies with those suggested by Management. We found that the majority of the companies were afraid of 4 situations: 1) to proceed to new shipbuildings, 2) the premature death of their owner, 3) the Stock Exchanges’ taking-over and 4) the shipping depressions. We distinguished the companies by their growth and underlined those that “made Greece a great shipping Nation again after its 2 nd WW” almost total destruction.
KeywordsThe History of 13 Greek-Owned Shipping CompaniesThe 107 USA Liberty-Type Ships “Lent-Leased”to Greeks (1947)The Split Up SyndromeThe 3 Corporate Growth StrategiesThe Game of AssetsThe Renewal StrategyThe “Learning”CurveThe Nonlinear Balance Sheets/Return on Assets (ROA)A Case-Study
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