In 2019, the average age of domestic coastal commercial vessels in China was between 12.31 and 9.35 years. To cut carbon emissions and reduce air pollution, China is gradually switching from coal to cleaner fuel. Beijing has set a goal to significantly increase the natural gas supply by 2020, driving the shipment volume and demand of liquefied gas carriers.
Average vessel age of domestic coastal trading vessels in China in 2019, by type
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Average vessel age in years
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Bulk carriers, general cargo vessels and ships with under a ten thousand tons capacity are excluded from the figure of dry cargo ships.
Oil tankers are those used for carrying crude oil and refined oil products here.
Chemical product tankers are those carrying oil and chemical products here.
Only vessels with over 700 twenty-foot equivalent units (TEU) are counted as container vessels and multi-purpose vessels are excluded.
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Ministry of Transport of China. (March 6, 2020). Average vessel age of domestic coastal trading vessels in China in 2019, by type (in years) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/
Ministry of Transport of China. "Average vessel age of domestic coastal trading vessels in China in 2019, by type (in years)." Chart. March 6, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/
Ministry of Transport of China. (2020). Average vessel age of domestic coastal trading vessels in China in 2019, by type (in years). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/
Ministry of Transport of China. "Average Vessel Age of Domestic Coastal Trading Vessels in China in 2019, by Type (in Years)." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/
Ministry of Transport of China, Average vessel age of domestic coastal trading vessels in China in 2019, by type (in years) Statista, https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/ (last visited July 22, 2024)
Average vessel age of domestic coastal trading vessels in China in 2019, by type (in years) [Graph], Ministry of Transport of China, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1038703/china-domestic-coastal-trading-vessel-type-average-age/
