Page 38 - INTERCARGO - Annual Report Report 2022 - 2023

ANNUAL REVIEW

Membership

Membership evolution

The Association’s Membership recorded a significant increase during the present Annual Review’s
reporting period (last 12 months) reaching new historic high levels at the end of it (August 2023).

This increase is attributed to continued membership expansion (please refer to number of members
in graph below), while through to 2023 also to the revision of membership terms, as Full members
have been registering their entire fleets.

As a result (please refer to registered ships evolution in graph below), the registered fleet has reached
the 3,300 ships mark, corresponding to about 33% of the global dry bulk fleet on deadweight terms
(this percentage was less than 25% only 12 months ago).

last 12 months
Number of Member companies
180
160
140
120
100
80
60
40
20
0
12.2016 12.2017 12.2018 12.2019 12.2020 12.2021 12.2022 08.2022 08.2023
Full Members
Registered ships evolution last 12 months
3,500 350 Associate Members
3,000 300
2,500 250
No of ships
2,000 200
1,500 150 mil dwt
1,00 100

500 50
Registered ships (LH)
0 0 dwt registered (RH)
12.2016 12.2017 12.2018 12.2019 12.2020 12.2021 12.2022 08.2022 08.2023

Registered ships as % of global last 12 months
dry bulk fleet
35%
30%
25%
20%
15%
10% basis number
5%
0% basis dwt
12.2016 12.2017 12.2018 12.2019 12.2020 12.2021 12.2022 08.2022 08.2023

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