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Average earnings of cargo vessels worldwide from January 2019 to May 2022 (in 1,000 U.S. dollars per day)

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Sources

Release date

June 2022

Region

Worldwide

Survey time period

2019 to 2022

Special properties

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."

Citation formats

Average earnings of cargo ships worldwide 2019-2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 8, 2022
The daily earnings of a cargo vessel around the globe were * 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 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.
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