The daily earnings of a cargo vessel around the globe were 44,357 U.S. dollars per day on May 20, 2022. This is the average sum that needs to be expended to charter a cargo vessel (including tankers, bulkers, container ships, and gas carriers) around the globe. This is more than three times as much than the average vessel earnings in early 2019.
Clearly visible are high fluctuations at the beginning of the pandemic and a steadily climbing price of shipping during 2021. The war in Ukraine has increased prices again on a market that was seemingly seeing a return of vessel earnings to pre-pandemic levels.
Average earnings of cargo vessels worldwide from January 2019 to May 2022
(in 1,000 U.S. dollars per day)
Includes tankers, bulkers, container ships, and gas carriers; Data is weighted by the number of ships in each segment
Supplementary notes
The source notes: "The series tracks average vessel earnings across the major shipping sectors, including tankers, bulkers, containerships and gas carriers, weighted by the number of ships in each segment."
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UNCTAD. (June 28, 2022). Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/
UNCTAD. "Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day)." Chart. June 28, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/
UNCTAD. (2022). Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/
UNCTAD. "Average Earnings of Cargo Vessels Worldwide from January 2019 to May 2022 (in 1,000 U.S. Dollars per Day)." Statista, Statista Inc., 28 Jun 2022, https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/
UNCTAD, Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day) Statista, https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/ (last visited November 22, 2024)
Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day) [Graph], UNCTAD, June 28, 2022. [Online]. Available: https://www.statista.com/statistics/1331495/price-shipping-cargo-vessels-globally/
