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World Commercial Tonnage

United States China South


9% 3% Korea
24%
Japan
Japan 24%
23%
Rest of
Europe World
South Korea 54% 29%
3%
Rest of World United
China
11% States
0% Europe
0%
20%
1979 Market Share
1988 Market Share

South Korea
China 39%
14%

Rest of World
5%

EU
17% Japan
24%
United States
1%
Source: American Shipbuilding Association; Lloyd’s Statistics;
2004 Market Share BBC November 4, 2004; JECKU 2004 Industry Summit;
Shipping Intelligence Network of London

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