Structure, ownership and registration of the world fleet
- Author: United Nations Conference on Trade and Development
- Main Title: Review of Maritime Transport 2018 , pp 21-42
- Publication Date: October 2018
- DOI: https://doi.org/10.18356/95fbf4e4-en
- Language: English Chinese, French, Russian, Spanish
After five years of decelerating growth, world fleet expansion increased slightly in 2017. A total of 42 million gross tons were added to the global tonnage in 2017, equivalent to a modest 3.3 per cent growth rate. This performance reflects both a slight upturn in new deliveries and a decrease in demolition activity, resulting from optimistic views among shipowners given positive developments in demand and freight rates. The expansion in ship supply capacity was surpassed by faster growth in demand and seaborne trade volumes, altering the market balance and supporting improved freight rates and earnings.
© United Nations
ISBN (PDF):
9789210472418
Book DOI:
https://doi.org/10.18356/cd4440fc-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
;
Transportation and Public Safety
Sustainable Development Goals:
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