As of 2023, the oceangoing self-propelled vessels fleet in the US stood at 100 units. Forecast data from 2024 shows a declining trend, with the fleet size decreasing from 92 in 2024 to 59 by 2028. This translates to year-on-year decreases of approximately 8.7% in 2025, 10.7% in 2026, 10.7% in 2027, and 11.9% in 2028. The compound annual growth rate (CAGR) over this period indicates a negative trend of approximately -9.7% per year.
Future trends to watch for:
- Technological advancements in vessel efficiency and autonomy could alter fleet dynamics.
- Environmental policies may drive further fleet reductions or renewal requirements.
- Economic conditions impacting trade volumes could affect demand for oceangoing vessels.
