Global Vessel Trends in 2022
Global shipping freight volume is projected to reach 6.6 million tonne kilometres by 2026, up from 5.7 million in 2021. This represents an average annual growth rate of 2%. In the five years since 2016, freight volume has increased by 5.1% each year.
Global Vessel Industry Database
Improve your Knowledge with the latest Indicators and Trends
The global market for Fiberglass Reinforced Plastic (FRP) vessels is on an intricate trajectory, influenced by a complex web of factors. Rapid advancements in material science, increased demand in sectors such as waste management, chemical processing, aquaculture, and desalination, coupled with the increased weight attributes on operational efficiency and longevity...Read more