# Bookmarked: World's merchant fleet visualization

- Author: @gurupanguji
- Date: 2025-10-21
- URL: https://gurupanguji.com/blog/2025/10/21/worlds-merchant-fleet-visualization/
- Categories: link
- Tags: 4, merchant-fleet, nations, visual-capitalist, visualization

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> Indonesia tops the global ranking with over 11,000 merchant ships — a reflection of its massive archipelago, large domestic economy, and laws requiring ships in its waters to fly the Indonesian flag. Panama is the world’s 3rd largest ship registry — thanks to its open ‘flag of convenience’ system, which allows global shipowners to register their vessels under Panama’s flag.

*Source:* [Ranked: The World’s Largest Merchant Ship Fleets by Country](https://www.visualcapitalist.com/ranked-the-worlds-largest-merchant-ship-fleets-by-country/)

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<p>I love visual capitalist. Surprising data: Japan as #4 and Liberia (what?). Most of the rest of the composition makes sense to me. </p>
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