Page 8: of Maritime Reporter Magazine (December 2022)

Great Ships of 2022

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By the Numbers

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Chinese Shipowners

Courtesy of our friends at VesselsValue, we take a deep dive into the Chinese maritime market. Despite nearly three years of COVID lockdowns, which largely continue in mainland China, the numbers speak for themselves.

Top 10 Owners

Company # of VesselsTotal Value ($)

BoComm Leasing 360 20,811

ICBC Financial 256 17,424

COSCO Shipping 199 13,134

CMB Financial 229 10,847

CDB Leasing 244 8,258

COSCO Shipping 141 5,834

Minsheng Financial146 5,199

COSCO Shipping Bulk229 4,906

SPDB Financial 81 4,076

China VLCC 45 3,353

Chinese 2nd Hand Purchases

Sale Date # of Vessels Total Spent ($) 2010 155 2,482 2011 117 1,216 2012 104 1,252 2013 130 1,724 2014 121 3,503 2015 112 2,699 2016 238 6,189 2017 270 7,227 2018 347 8,087 2019 459 9,482 2020 545 12,780 2021 713 15,903

YTD 2022 428 11,291

Chinese Owned Fleet Age Pro? le

Age Group # of Vessels Total Value ($)

On Order 300 29,433 0-5 1,658 71,316 5-10 1,459 44,594 10-15 1,388 37,317 15-20 583 11,524 20-25 238 2,697 25-30 216 763 30-35 58 171 35-40 7 24 40-45 5 2 45-50 1 8 8 Maritime Reporter & Engineering News • December 2022

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.