Global Fleet Composition 2023

96,402

Active Commercial Vessels

12.8 Years

Average Fleet Age

+8.4%

Newbuild Orders YoY

Vessel Segment Analysis

Tankers +22% Capacity

Fleet Size: 12,450
Order Book: 1,234 vessels
Avg Age: 15.2 years

VLCC 72%

Containers 18% TEU Growth

Fleet Size: 5,678
Mega-vessels (>20k TEU): 612
Idle Fleet: 2.4%

Post-Panamax 68%

LNG +35% Orders

Current Fleet: 642
Avg Size: 174,000 m³
Order Value: $2.3B avg

Dual-Fuel 41%

Detailed Crew Rank Analysis

Deck Department

Master/Captain 15% Shortage

🌍 Avg Monthly Salary: $12,500

📜 Certifications: Master Mariner COC (98% Compliance)

📈 Vacancy Rate: 8.4%

<45+ Age Group
Philippines$10,200
India$11,500
EU$18,400

Chief Officer 22% Shortage

🌍 Avg Salary: $9,800

📜 Requirements: COC Class 1 (92% Compliance)

⏳ Avg Training: 10-12 Years

<12mo Contract

Able Seaman (AB) 8% Surplus

🌍 Avg Salary: $2,400

📜 Cert: BST/PSA (84% Compliance)

📈 Attrition: 18% Yearly

<5 Yrs Experience

Engine Department

Chief Engineer 28% Deficit

🌍 Avg Salary: $11,200

📜 Cert: Class 1 COC (89% Compliance)

📈 Vacancy Duration: 68 Days

Dual Fuel Certified

Oiler/Wiper 5% Surplus

🌍 Avg Salary: $1,800

📜 Cert: MEECE Basic (76% Compliance)

🔄 Turnover: 42% Yearly

<2 Yrs Experience

Catering Department

Chief Cook 12% Shortage

🌍 Avg Salary: $3,200

📜 Cert: Food Safety L3 (64% Compliance)

🍳 Special Diets: 42% Certified

>5 Yrs Experience

Messman 18% Attrition

🌍 Avg Salary: $1,200

📜 Cert: Basic Food Handlers (58% Compliance)

📈 Vacancy Rate: 9.2%

<1 Yr Tenure

Technical Staff

Electro-Technical Officer 35% Deficit

🌍 Avg Salary: $8,900

📜 Cert: ETO COC (72% Compliance)

🔋 Hybrid Systems: 28% Trained

>5 Yrs Experience

Crewing Crisis Analysis

Chief Engineers

28% Deficit

Global Shortage

Certification Gaps

32%

STCW Non-Compliance

Rotation Pressure

42%

Overdue Crew Changes

Top Crew Nationality Costs (Monthly USD)

Rank Philippines India China EU
Captain $12,500 $14,200 $16,800 $18,500
Chief Engineer $11,800 $13,500 $15,200 $17,800

Energy Transition Tracker

Current Bunker Mix

VLSFO 78%
MGO 15%

Newbuild Fuel Types

LNG Ready 42%

Methanol 23%

Regulatory Landscape

Implementation Timeline

CII Compliance 65%

2024 Milestones

  • EU ETS Maritime Inclusion
  • Global Ballast Water Management
  • SEEMP III Implementation

Flag State Analysis

Flag Fleet Size Avg Age Detention Rate Crew Change Index
🇵🇦 Panama 8,420 14.2y 3.2% 6.8/10
🇱🇷 Liberia 4,850 11.8y 2.1% 7.4/10

Crew Management Challenges

Key Pain Points

  • ▸ 42% Crew Rotation Delays
  • ▸ 35% Certification Fraud
  • ▸ 28% Language Barriers

Emerging Solutions

  • ▸ Blockchain Certification
  • ▸ AI Crew Matching
  • ▸ VR Training Systems

Crew Management Markets

🇮🇳 India

+18%

Officer Supply Growth

🇵🇭 Philippines

38%

Global Crew Supply

🇪🇺 EU

€2.1B

Training Investment