Japan yields top spot on list of most valuable fleets

Based on asset value, Japan is no longer the world's biggest shipping nation, having been dethroned following a surge in the value of container vessels, according to an overview released by VesselsValue.

Photo: Yu Fangping/AP/Ritzau Scanpix

China has ousted Japan from the number one spot on the top ten list of the biggest shipping nations in the world, according to a survey from analyst firm VesselsValue.

Greece has taken over the third place to the detriment of the US, which now ranks fourth globally.

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