Vietnamese vessel fleet ranks 30th worldwide

VGP – The Vietnamese ship feet ranked fourth in ASEAN and 30th in the world, according to the United Nations Conference on Trade and Development (UNCTAD).

July 25, 2019 2:12 PM GMT+7

Illustration photo

The Viet Nam Maritime Department reported that the Vietnamese vessel fleet transported over 81 million tons of cargos, representing a year-on-year growth of 16%.

As of this June, the Vietnamese vessel fleet covered 1,568 ships with a total capacity of 4.8 million GT and payload of 7.8 million DWT.

Average vessel age of Vietnamese ones is 15.6 years old, lower than the world’s ones of 20.8 years old. Especially, the number of Vietnamese containers increased from 19 in 2013 to 39 in 2019.

The Vietnamese ship feet ranked fourth in ASEAN and 30th in the world.

However, the Vietnamese shipping sector is coping with the challenge of declining number. In 2018, the fleet had 1,600 sea vessels. The figure fell to 1,568 in 2019.

Economic experts are concerned that the sharp decline in sea vessels would make Viet Nam cope with the difficulties of missing the preset goal of 100% domestic transportation./.

By Kim Loan