The shipowning nations’ ownership strategies and asset values have altered extensively over the past year, per the latest survey of the top 10 shipowning nations. Japan proceeds with the highest-valued fleet, boasting $206.3 billion in terms of its assets, a rise of 5% since the last report in 2022 (November).
The three top nations have invested heavily in the tanker sector, with nearly 100 vessels put into Japan’s fleet, raising the total value by 15.5%, with the values for the industry gaining...