The UN has issued an interesting short report on the status of the World’s merchant fleets. I am going to quote it below.
Top 5 ship owners are Greece, Japan, China, Germany and Singapore. Together they have a market share of 49.5% of dwt. 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.
For more information, please contact Jan Hoffmann, Trade Logistics Branch, Division on Technology and Logistics, UNCTAD. Jan.Hoffmann@UNCTAD.org
Thanks to Bryant’s Maritime Consulting blog for bringing this to my attention.
Condensed versions of remarks by Coast Guard representatives are available here.
Marine Link brings us the graphic above. It does not come with explanation, but I presume this is “owned” rather than “flagged.” Otherwise I don’t think the US would be #4.
There are a couple of take-aways here:
- The overall tonnage has grown immensely, and
- The individual ships are far larger than they used to be.
For comparison the size of Japan’s not inconsiderable merchant marine in 1941, at the beginning of WWII was about 6 million tons. The fleets of Japan and China (#2 and #3 in value) are about 25 times larger.
During World War II the average merchant ship was roughly 5,000 tons. 10,000 tons was a big ship. The average Japanese ship is about 35,000 tons and the average Chinese ship is about 32,000. That is the new medium size. The US average is only a little over 23,000 tons. The new large size is larger than a USN nuclear powered carrier.
Something that does not show is that the crews are now much smaller.
Lets talk about the implications.
A photo published in a report on Chinese mine warfare by the U.S. Naval War College shows Chinese civilian fishing vessels practicing deploying sea mines at a naval base in Sanya in 2004. —Courtesy of U.S. government
The Wall Street Journal has an interesting story about China’s Naval Militia. It employs not only the crews of their fishing industry, but also their vessels, to support China’s Navy and Coast Guard. It certainly blurs the line between government and non-government vessels.
Presumably this organization also extends to include their ocean going vessels and their crews as well. This is all the more interesting because of China’s recent announcement that they would require the incorporation of military characteristics in newly constructed container, roll-on/roll-off, multipurpose, bulk carrier and break bulk civilian vessels.
Click on the infographic to enlarge
gCaptain reports the results of an Oxford Economics study on the economic value of the EU shipping industry.
Perhaps it is time we looked at what they are doing, that has resulted in this impressive growth. Maybe we should look to their industry (and their government regulation) as a model.