Global Shipping Fleet Rankings and Cyprus's Position
November 1, 2025
China remains the leader in the global shipping fleet, followed by Japan. Cyprus ranks 11th worldwide and 3rd in Europe, with its fleet accounting for 15% of the EU's commercial fleet. Significant changes are noted in ship values, with increased demand for maritime transport due to geopolitical factors. The prices of bulk carriers and containerships have risen substantially. China also possesses the largest number of oil tankers globally.