Average Age of Merchant Fleet by Country (2026)
The average age of the merchant fleet measures the mean age, in years, of the commercial ships registered under a country's flag. It reflects how new or old a national fleet is on average and is a useful indicator of fleet renewal and investment. The statistics are based on the UNCTADstat database. The dataset covers 196 countries and territories, and 195 of them report figures for 2026.
Turks and Caicos Islands recorded the oldest merchant fleet in 2026 at an average of 80 years. Northern Mariana Islands followed with 65 years, ahead of Belarus and Guam (both 56). Somalia and Honduras recorded 53 years each, followed by Moldova (50), Nicaragua (50), Zambia (49), and Suriname (49). Among the 195 countries and territories with 2026 data, 11 operate a fleet younger than 15 years on average, while 34 record an average fleet age of 40 years or more. The youngest large registries include Singapore (11), the Marshall Islands (12), Liberia (13), Hong Kong (14), and Malta (14). In Asia, the youngest fleets include Singapore (11 years), Hong Kong (14), and China (15). Large national fleets in Asia are older, from Japan (20) and India (21) to South Korea (27) and Iran (30). In Europe, Malta (14), Cyprus (18), Portugal (16), Denmark (22), the United Kingdom (22), and France (23) operate comparatively young fleets, while Italy (30), Russia (32), Germany (34), Poland (38), and Ukraine (44) record older average ages. Greece records an average fleet age of 27 years. In the Americas, the United States fleet averages 35 years and Canada 39, while Brazil (22) and the Bahamas (18) are younger. In Africa, Nigeria, Egypt, and South Africa all record 29 years. In Oceania, Australia records 25 years and New Zealand 28, while Wallis and Futuna operates one of the youngest fleets in the dataset at 9 years. Among the largest registries, Panama (19), the Bahamas (18), and Indonesia (19) keep their fleets relatively young, while the United States (35) and Germany (34) record older average ages. Moldova recorded the largest increase in average fleet age between 2021 and 2026, rising from 38 to 50 years. The British Virgin Islands rose from 21 to 30 years, and Zambia from 41 to 49. At the other end, the strongest drops in average age were recorded by the US Virgin Islands, down from 43 to 19 years, and Sao Tome and Principe, down from 45 to 27. Wallis and Futuna fell from 23 to 9 years, while Aruba, Haiti, and Niger each declined by about 13 years. The statistics are based on the UNCTADstat database, indicator Average age of vessels, which measures the mean age of registered merchant ships in years. The main comparison uses 2026 data where available, and the latest available year for countries without a 2026 observation. In the table, a zero reflects a nil or negligible fleet, while an empty cell means that no value was reported; the two are never mixed up in the calculations.Countries With the Oldest Merchant Fleet in 2026
Average Age of Merchant Fleet by Country (2026)
Fleet Age Around the World
Largest Changes in Fleet Age, 2021–2026
Average Age of Merchant Fleet by Country (2026)
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195
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196
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80
Methodology
Frequently Asked Questions
Which country has the oldest merchant fleet?
Turks and Caicos Islands recorded the oldest merchant fleet in 2026 at an average of 80 years, followed by Northern Mariana Islands (65) and Belarus and Guam (both 56).
How many countries are included in the dataset?
The dataset covers 196 countries and territories, and 195 of them report figures for 2026.
What does this indicator measure?
It measures the average age of the merchant ships registered under each country's flag, expressed in years, reflecting fleet renewal and investment.
Which country has the youngest merchant fleet?
Czech Republic recorded the youngest fleet at 1 year in 2026, and among the largest registries Singapore (11), the Marshall Islands (12), and Liberia (13) were the youngest.
Why is the latest year 2026?
The average age of vessels indicator in UNCTAD data reports values as of the beginning of each year, and 2026 is the latest available reference point in the source data.
Data Disclaimer: Projected data (future years) are estimates based on mathematical models. Actual values may differ. Learn about our methodology →
Sources
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Updated: 09.08.2026https://unctadstat.unctad.org/datacentre/dataviewer/US.MerchantFleet
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