Review of Maritime Transport 2009

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Against the background of a global financial crisis and economic downturn, growth in seaborne trade continued, albeit at a slower rate. Existing forecasts suggest that the outlook for seaborne trade is uncertain and that some challenging times lie ahead for shipping and international seaborne trade. These challenges are further compounded by other developments, including maritime security at sea and the need to address the climate change challenge. The Review of Maritime Transport examines trends in sea-borne trade and analyses the comparative performance of different geographic regions and countries. Every year, the Review of Maritime Transport gives attention to transport developments in a particular region. The focus in 2009 is on developments in Africa since 2006 when UNCTAD last reported on the region.

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Structure, ownership and registration of the world fleet

This chapter presents the supply-side dynamics of the world maritime industry. The information and data comprehensively cover the structure, ownership and registration of the world fleet. Particular focus will be placed on the fleet’s age profile, as this helps to visualize long-term trends for different vessel types. The chapter also reviews deliveries and demolitions of ships, tonnage on order, newbuilding prices, and markets for second-hand tonnage, and discusses the industry’s possibilities of adjusting to the economic crisis.

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