China Overtakes Japan as Top Shipowning Nation by Fleet Value

Capt. John
  • China Leads with $255 Billion Fleet, Dominates Bulker and Container Sectors.
  • Japan Falls to Second Place Despite Fleet Value Growth of 12%.
  • Greece Maintains Third Position, Boasts Highest Value Tanker Fleet.

China has surpassed Japan to become the world’s biggest shipowning nation by asset value, its fleet now totalling $255 billion according to VesselsValue, as of January 2025. This shift is significant as it marks the first time that the ranking of the global shipping dynamics changes within...

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