With 14 percent of the world coastline, Asia is the habitat of as much as 60% of the world population. According to the statistics, it produces 35% of the world GDP annually. Shipping in Asia plays an important role in the world shipping industry. 24% IMO members come from Asia. Asia loads 41% while unloads 60% of world seaborne trade each year. It owns 30% of the national flagged fleet and 47% of the fleet ownership in the world as well. In addition, 15 out of the top 20 top ports are located in Asia. 17 of the top 20 container ports are in Asia whose annual throughput capacity reaches up to 60% of the world. In terms of annual ship building and ship scrapping capacity, Asia is rated at 95% and 90% of the world respectively.
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