“BIMCO had another successful year in 2019 with our members’ share of the global fleet increasing by one percentage point to 59%. We have achieved consistent year on year growth over the last five years from 54% in 2014,” says BIMCO Secretary General, Angus Frew.

The BIMCO membership fleet today is 1,174 million Dead Weight Tonne (DWT) and the world cargo fleet is DWT 1,989 million (Clarksons World Fleet 1 March 2020).

BIMCO’s membership fleet currently covers 59.5% of the dry bulk fleet (59.2% in 2019), 51.4% of the tanker fleet (49.1% in 2019), 83.4% of the container fleet (83.1% in 2019) and 34.4% of the rest of the cargo fleet (33.0% in 2019).

The numbers show growth in all segments, particularly in the tanker segment, which has been – and continues to be – a focus area for BIMCO. BIMCO’s membership today includes 4,708 tankers representing DWT 374 million (2019 was 4,347 tankers representing DWT 339 million).