Shipping Facts

Did You Know?


Some Shipping Facts

  • The average age of a ship sent to the scrap yard in about 25 years.
  • The average VLCC voyage lasts about 70 days, of which only 22 are laden days at sea. (VLCC = very large crude carrier)
  • The average speed of ships is in the region of 12-13 knots per hour.
  • As of early 2016, the global order book for ships stood at 490.
  • A commonly cited rule in shipping is that you only buy ships at the bottom of the market cyle.

Get monthly news about the Commodity Trading sector

Don't miss any opportunity to learn about the fascinating world of commodity trading in Switzerland.

Our newsletter is available in French and German.

SUISSENÉGOCE is a non-profit, non-political Swiss association representing companies active in commodity trading and shipping activities, trade finance and related services.

Rue de Chantepoulet 11
P.O. Box 1565
CH-1201 Geneva

+41 22 715 29 90
[email protected]
www.suissenegoce.ch