Looking back across a quarter of a century!
Wonderful world of Trade Seaborne trade provides the platform upon which the shipping industry operates. Back in 1992 world seaborne trade stood at an estimated 4.6 billion tones and in comparison current projections suggest that in 2017 it will reach 11.3 billion tons. That’s 2.5 times bigger than 25 years ago (see table). Iron ore trade is projected to be 4.3 times larger than back in 1992, LNG trade 4.5 times larger and container trade a mighty 6.3 times more volumninous. The 2017 sea-borne trade estimate represents about 1.5 tonnes per person on the planet. That’s quite some performance all round and keeps the world of shipping turning. Item 1992 2017 Multiple Iron... View more
