Page 8: of Maritime Reporter Magazine (November 2019)
Workboat Edition
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BY THE NUMBERS CHINA
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Chinese Fleet Age Pro? le
Age Group Number of Vessels Total Value USD m
On Order 349 $13,471 0-4 1,109 $46,622 5-9 1,788 $29,870 10-14 1,023 $9,527 15-19 509 $3,385 20-24 454 $1,617 25-29 229 $475 30-34 124 $203 35-39 74 $111 40+ 72 $70
Grand Total 5,731 $105,353
Chinese Fleet Type Breakdown (Live & On Order)
Vessel Type Total Total Value Number of Vessels USD m
Bulker 2,185 $34,334
Tanker 1,170 $25,478
Container 699 $23,471
LNG 53 $7,279
MODU 86 $4,194
LPG 138 $3,953
Small Dry 895 $3,883
OSV 369 $1,272
Vehicle Carrier 42 $602
OCV 14 $538
Multigas 4 $202
Reefer 76 $148
Grand Total 5,731 $105,353
Top Chinese Owners by Fleet Value (Live & On Order)
Vessel Type Total Total Value Number of Vessels USD m
China Cosco Shipping Corp 729 $22,695
Bank of Communications 167 $7,931
ICBC Financial Leasing 150 $6,758
China Merchants Group 121 $5,303
China VLCC 53 $3,454 8 Maritime Reporter & Engineering News • NOVEMBER 2019
MR #11 (1-9).indd 8 11/4/2019 11:18:51 AM