Only one country from Latin America (Brazil) is among the top 35 ship owning countries, and none from Africa.

Top 5 flag registries are Panama, Liberia, Marshall Islands, China Hong Kong SAR and Singapore. Together they have a market share of 57.8%. Developing countries flag more than 76% of the world fleet in dwt. In terms of vessel types, bulk carriers account for 42.8% of dwt, followed by oil tankers (28.7%), Container ships (13.2%), other types (11.3%) and general cargo ships (4%).

Only three countries (Republic of Korea, China and Japan) constructed 91.8% of world tonnage (GT) in 2016. Republic of Korea had the largest share with 38.1%.

Four countries (India, Bangladesh, Pakistan and China) together accounted for 94.9% of ship scrapping in 2016 (GT).

The data confirms a continued trend of industry consolidation, where different countries specialize in different maritime sub-sectors, as analyzed in UNCTAD’s Review of Maritime Transport 2016 and a special chapter of the 2011 Review. It also confirms the growing participation of developing countries in many maritime sectors.

MEASUREDead weight tons in thousands
SHIP TYPEContainer ships
Chart data
Source: UNCTAD
2017-07-17

Naval gazing, what lies ahead for the supply chain Nashville TN

As this blighted year nears its end, three maritime journalists were asked to assess the industry as it enters a critical period in history. Change is afoot and 2021 is likely to herald a new beginning for some, writes Nick Savvides, managing editor at Container News.

Read more ...

Naval gazing, what lies ahead for the supply chain Rockford IL

As this blighted year nears its end, three maritime journalists were asked to assess the industry as it enters a critical period in history. Change is afoot and 2021 is likely to herald a new beginning for some, writes Nick Savvides, managing editor at Container News.

Read more ...