Making forward progress in Greek Shipping
The Greek domestic maritime sector saw a further uptick in our survey and certification activities in 2022, with a continued increase in the number of ships and smaller vessels joining the INSB Class register and a robust orderbook for new construction projects.
THE GREEK MINISTRY OF MARITIME AFFAIRS AND INSULAR POLICY HAS DELEGATED TO INSB CLASS THE FUNCTIONS OF A RECOGNISED ORGANISATION, and INSB Class provides a comprehensive and integrated array of survey and certification services for new building vessels and various types of boats and vessels that are subject to the Greek National Maritime Safety regulations.
Through our corporate dedicated and specialized Greek Shipping Division and a well-placed domestic surveyors’ network, we administer and execute all survey and certification work for our Greek flagged domestic trade fleet.
In year 2022, the rate of our survey and certification operations for the Greek domestic marine segment remained strong, with the influx of +549 vessels entering anew into the INSB Class register. By end December 2022, our Greek fleet register counted 4370 active vessels, reflecting a continued fleet growth by +3,7% when compared preceding year figure. With 3354 surveys and inspections performed within year 2022, our survey activity marked a +15,5% increase against year 2021 and let to the issue or endorsement of 4355 certificates.
Rate of newly registered Greek flagged ships averaged 45.75 per month.

In 2022, a total of 549 vessels with a cumulative 36.662GT were admitted to INSB Class.
Meantime, and through our 30 domestic site locations, we were able to maintain a key presence in all of Greece’s major ports and regions ensuring high responsiveness and reliable assistance towards our client base, all year-round.

Quality & Performance Metrics
INSB Class places a strong emphasis on its quality and performance route. Throughout the year, a total of 18 internal and 19 external Vertical Compliance Assessments (VCAs) were completed, yielding positive outcomes. The areas under examination encompassed evaluations of surveyors’ technical proficiency as well as the execution of procedures for overseeing new construction operations.
During the same reporting period, results if our annual client-based assessments remained high and reflected an overall satisfaction rate of 98%. Additionally, nine (9) Surveyors Monitoring and on-board surveying activity performance assessments were conducted as part of our dedicated surveyor’s annual competence review planning.
Approaching the year end, the 9th consecutive annual surveyor’s refreshment training seminar was held in person at the SAVOY Hotel, Piraeus on 27 November 2022.


OTHER KEY FIGURES & HIGHLIGHTS | 2022
Highlight #1
In the year 2022, a total of 79 permits were obtained for ship conversion projects, out of which 56 were successfully undertaken and concluded.
Highlight #2
There has been a notable rise in the influx of recreational and passenger vessels, many of which were associated with new constructions orders.
Highlight #3
In the year 2022, our surveyors squad was enhanced by the recruitment of two (2) additional ship surveyors, alongside the appointment of a newly designated domestic network surveyor in the Dodecanese region.
NEW BUILDING PROJECTS | 2022
Increasing ship construction supervision activity
INSB Class was entrusted with 92 new building supervision projects from the Greek market in 2022, the majority of which involved the construction of RO-RO vessels. By the end of the reviewed year, 55 new building projects had been initially certified, while the supervision of the remaining projects was ongoing.
NEW BUILDING PROJECT : AGGELIS F - GREEK FLAG - L:73,85M
Photo credits: Carlos Alvarez | MarineTraffic.com
Supervising the construction of new Green Hybrid Fish Farming vessels
Between the operating period 2021-2022, INSB Class was entrusted by ALMI Technical Bureau-Greece, with the technical construction supervision and certification of six (6) newly built green hybrid fish farm vessels (AVRAMAR series). The vessels were constructed using a variety of eco-friendly materials including steel and polyethylene. The diversity and quality of the used environmental materials promoted the “hybrid” allocation given to the vessels, allowing them to operate with substantially reduced carbon emissions and environmental footprint.