Back in 2019 the Vietnamese fleet was ranked fourth in ASEAN and 30th globally.

According to information given by the Vietnam Maritime Administration, the country had 1,477 ships as of December, with a total tonnage of approximately 11.6 million DWT and capacity of roughly seven million GT.

The transport fleet alone reached 1,009 ships with a total tonnage of about 10.7 million DWT and a total capacity of some 6.4 million GT. In addition, the number of bulk carriers stands at 709 ships, accounting for 70.3% of the overall figure.

Currently, the average age of the Vietnamese fleet stands at 16.5 years old, while the average age of the global fleet is 21.9 years old.

This year has seen the total volume of cargo by the Vietnamese shipping fleet estimated at 128.7 million tonnes, a decline of 13% compared to 2021.

The volume of import and export goods by the Vietnamese shipping fleet for international transport increased by 10%, equivalent to about 1.29 million tonnes, compared to 2021, with this mainly occurring on major transport routes such as China, Japan, the Republic of Korea, Southeast Asia, and some European routes.

Source: VOV