2014-04-03 13:06:03 - Global Marine Freight - a new market research report on companiesandmarkets.com
The marine freight industry is defined as consisting of revenues generated from freight transportation by ship, including the sea and inland waterways modes.
The global marine freight industry is expected to generate total revenues of $427.8bn in 2013, representing a compound annual growth rate (CAGR) of 4.7% between 2009 and 2013.
The sea segment is expected to be the industry´s most lucrative in 2013, with total revenues of $300.6bn, equivalent to 70.3% of the industry´s overall value.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 4.9% for the five-year period 2013 - 2018, which is expected to drive the industry to a value of $544.0bn by the end of 2018.
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