Value of global merchant fleet leaps by two-thirds in the 2020s to cross $2trn mark for first time

The remarkable appreciation in ship assets in the 2020s has seen the value of the world fleet, including vessels on order, jump above $2trn for the first time, according to data from Clarksons Research. The global merchant fleet, including the orderbook, was worth $1.2trn in 2020 by comparison.  Newbuild prices increased last year to near …

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