China becomes world’s No.1 maritime fleet owner due to ‘strong manufacturing, resilient trade and financial support’ — Global Times

Summary:
China has overtaken Greece as the world's largest maritime fleet owner in terms of gross tonnage (GT), global shipping information provider Clarksons Research said on Saturday.Greece held that position for a decade, but China's position as the world's manufacturing hub, its resilient cargo trade and strong financial support for the shipping sector propelled it to the head of the industry, analysts said. The latest rankings from Clarksons Research showed that the Chinese-owned fleet stands at 249.2 million GT. Greece was second with 249 million GT and Japan third with 181 million GT.Experts said that these rankings aligned with expectations, given China's continued status as a major production center and other positive factors.…Global Times (Chinese state-sponsored media)China becomes

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