Oceanography Market

The level of global economic activity and the resultant amount of world trade. It is estimated that over 90% of world trade is carried by sea and over the period 1985 to 1999, world seaborne trade increased by 50% to about 5 billion tons with the largest increase coming in crude oil and oil products shipments. During 1990-98 growth averaged 3.2% per annum. It is reported that in 1998 trade experienced its first dip for 15 years, which was due to the S.E. Asian economic problems. However, the decline was generally only within the region. Since then some of the countries concerned have accomplished a turnaround. Global markets consist of three major regions; Europe and North America are similar in size forming 25% and 26% of the market. Asia forms the largest region at an estimated 34%, with much of this shipbuilding and shipping activity cantered in S.E. Asia. 

  • Oceanography Asia
  • Oceanography Europe
  • Oceanography Middle East
  • Oceanography USA

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