Up to the end of January 2008, the top five fleets by country of ownership have remained unchanged from the year before.
The Greek-owned fleet is still the largest with 3,087 ships totaling 175.71 million DWT. The following four are the Japanese-owned fleet (160.72 million DWT, 3,433 ships), German fleet (94.51 million DWT, 3,189 ships), Chinese (83.06 million DWT, 2,975 ships) and Norwegian (45.12 million DWT, 1,400 ships). A noticeable change in the top ten list is the Korean fleet moving from last year's eighth place to sixth. The country now owns a fleet with 1,063 ships and a total of 36.76 million DWT. Korean ship owners, such as Hyundai Merchant Marine and Hanjin Shippping, have overcome their finance issues and successfully taken delivery of ships from their 2000 order book. It is the second consecutive year for the Hong Kong fleet at seventh position with 619 ships and 33.78 million DWT. The United States fleet falls to eighth from last year's sixth with 936 ships and a total of 32.99 million DWT.
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