The world shipping fleet is headed for a significant rise up to 2018 according to a European Commission study.
The world shipping fleet is headed for a significant rise up to 2018 according to a European Commission study. In a release on maritime transport the EC says that the world fleet will increase from 77,500 ships in 2008 to 100,000 by 2018, a rise of 29 percent. The research covers all vessels more than 500 dwt. Even more serious will be the increase of the world fleet"s capacity, which is expected to reach 2.1 billion dwt in 2018, up by 81.6 percent from 1.15 billion dwt in 2008.
But all is not bad, since cargo transportation needs are expected to increase in a similar pace. Sea transport in the EU of 27 member-states should reach 5.3 billion tons until 2018, up by 40 percent from the 3.8 billion tons which was during 2008. This means that port infrastructure and inland connections, as well as all the relative services must be ready to support the added 1.6 billion tons of goods, which will be consumed by the EU states.