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Top 10 merchant fleets of the world by market value in bill. USD by segments as of 2018
The Norwegian fleet still ranks as number five in the world of shipowning nations
The value of the world fleet is for 2018 calculated to USD 851 billion. This is an increase of about eleven per cent from the year before. Norway ranks as number five. Japan, Greece and China are the three largest nations by far and the USA is in fourth place, just a margin ahead of Norway in the list. Estimates for 2019 show an increase in the value of the world fleet in total by ten per cent, this also applies to the Norwegian fleet. The offshore segment has the highest value in the Norwegian fleet. Only the USA has an offshore fleet with a higher value than Norway.
If we isolate the Norwegian cargo carrying segments, the fleet value has increased with 21 per cent from 2017 to 2018. The estimates for 2019 show a further growth of 13 per cent. This indicates that the position of these segments is strengthened.
Norwegian-controlled foreign-going fleet by number of ships
The Norwegian-controlled foreign-going fleet has seen a steady growth both in number of ships and by tonnage for the last couple of years and stands at 1,787 ships per 1 January 2019. Through 2017 and 2018, the fleet has grown by 71 vessels, and over eight per cent measured in deadweight tonnage.
Norwegian-controlled foreign-going fleet composition as of 1 January 2019, by number of ships
The deep sea fleet include car carriers, tankers, dry bulk, LNG, chemical, container and general cargo, among others. Members of the Norwegian Shipowners’ Association control more than 600 ships in the deep sea segment. The ships make nearly 30,000 port calls around the world each year.
The short sea segment transports passengers and all types of freight along the coast of Norway, and to and from European ports. Seaborne transport is an important part of the transportation system, and 40 per cent of European domestic transport goes by ship. Members of the Norwegian Shipowners’ Association control around 130 short sea ships. The industry contributes to efficient logistical and transportation solutions.
The maritime offshore value chain is complete, and Norway is one of the world’s largest maritime offshore nations. Members of the Norwegian Shipowners’ Association control 55 mobile offshore units, most of them drilling rigs, and the most advanced and modern offshore fleet in the world, consisting of 540 vessels.
Norwegian-controlled foreign-going orderbook by type as of 1 January 2019
The Norwegian-controlled foreign-going orderbook now stands at a total of 71 vessels. Chemical tankers stand for over 25 per cent of the orders measured in number of ships, while oil tankers stand for nearly 60 per cent of the orders measured in dwt.
Norwegian-controlled foreign-going orderbook by country of built as of 1 January 2019
Most vessels are being built in China and South-Korea, while only a handful of vessels are being built in Japan, Vietnam and Norway. In addition, four other countries have a total of 7 vessels on order.