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Figure 8 Worldwide and U.S. Maritime Industry Ton-Miles: 1995-2007

Wednesday, December 21, 2011

Figure 8
Worldwide and U.S. Maritime Industry Ton-Miles: 1995-2007

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Figure 8 - Worldwide and U.S. Maritime Industry Ton-Miles: 1995-2007. If you are a user with disability and cannot view this image, use the table version. If you need further assistance, call 800-853-1351.

SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, based on data from various sources. World-United Nations Conference on Trade and Development, Review of Maritime Transport, various issues, available at www.unctad.org/rmt as of Oct. 3, 2009. United States-U.S. Army Corps of Engineers, Waterborne Commerce of the United States 2007, Table 1-6, available at www.iwr.usace.army.mil as of Oct. 2, 2009.

  • During the past decade, the demand for maritime freight services, as measured by ton-miles, grew faster globally than for U.S. international freight. From 1995 to 2007, global maritime ton-miles grew at an average annual rate of 4 percent. Ton-miles grew less than 1 percent for the United States over the same period.

  • Global ton-miles grew faster as China and other countries increased oil imports from places other than the Middle East (e.g., Angola) and increased purchases of dry bulk cargo (e.g., iron ore) from South America (UNCTAD 2008).