Greece, which has remained the leading owner and operator of cargo shipping, has now been joined by China, and both are now dominating cargo capacity.
Per the latest BIMCO analysis, both countries together have a third of the total deadweight capacity within the commercial shipping sector and this trend will continue as both nations are active with their giant order books.
BIMCO also mentioned the number of ships in the global cargo fleet, which is 61,000 at...