Growth of the World Fleet Since WWII


Source: Lloyd's Register of Shipping "World Fleet Statistics"

These two charts show the explosion in the size of the world fleet in the 1970s that is driving the current demand for replacement, 30 years later.  The trend lines superimposed on the past 15 years of these two charts illustrate the fact that the number of ships in the world fleet grows at less than half the rate that the tonnage in the world fleet grows, partly because the average ship gets bigger every year and partly because the industry gets more efficient every year.

Year

# of Ships

000 GT

1914

24,444

45,404

-------- World War I --------

1919

24,386

47,897

1920

26,513

53,905

1921

28,433

58,846

1922

29,255

61,343

1923

29,246

62,335

1924

29,024

61,514

1925

29,205

62,380

1926

29,092

62,672

1927

28,967

63,267

1928

29,387

65,159

1929

29,612

66,407

1930

29,996

68,024

1931

29,952

68,723

1932

29,932

68,368

1933

29,515

66,628

1934

28,964

64,358

1935

29,071

63,727

1936

29,197

64,005

1937

29,524

65,271

1938

20,409

66,870

1939

29,763

68,509

-------- World War II --------

1948

29,340

80,292

1949

30,284

82,571

1950

30,852

84,583

1951

31,226

87,245

1952

31,461

90,180

1953

31,797

93,352

1954

32,358

97,422

1955

32,492

100,569

1956

33,052

105,200

1957

33,804

110,246

1958

35,202

118,034

1959

36,221

124,935

1960

36,311

129,769

1961

37,792

135,916

1962

38,661

139,980

1963

39,571

145,863

1964

40,859

153,000

1965

41,865

160,392

1966

43,014

171,130

1967

44,375

182,100

1968

47,444

194,152

1969

50,276

211,661

1970

52,444

227,490

1971

55,041

247,203

1972

57,391

268,340

1973

59,606

289,927

1974

61,194

311,323

1975

63,724

342,162

1976

65,887

372,000

1977

67,945

393,678

1978

69,020

406,002

1979

71,129

413,021

1980

73,882

419,991

1981

73,864

420,835

1982

75,151

424,742

1983

76,106

422,590

1984

76,068

418,682

1985

76,395

416,269

1986

75,266

404,910

1987

75,240

403,498

1988

75,680

404,406

1989

76,100

410,481

1990

78,336

423,627

1991

80,030

436,027

1992

79,845

444,305

1993

80,655

457,915

1994

80,676

475,859

1995

82,890

490,662

1996

84,264

507,873

1997

85,494

522,197

1998

85,258

531,893

1999

86,817

543,610

2000

87,546

553,054

2001

87,939

574,551

2002

89,010

585,583

2003

89,899

605,218

2004

89,960

633,321

2005

~90,500

~670,000

2006

~91,000

~700,000

2007

~91,500

~730,000