GITNUXREPORT 2026

Ferry Industry Statistics

A robust and recovering ferry industry transported 750 million global passengers last year.

Min-ji Park

Min-ji Park

Research Analyst focused on sustainability and consumer trends.

First published: Feb 13, 2026

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Key Statistics

Statistic 1

Worldwide ferry fleet numbered 12,500 vessels in 2023, with average age of 18.5 years.

Statistic 2

Europe's active ferry fleet consisted of 2,800 vessels serving 1,200 routes in 2023.

Statistic 3

U.S. ferry operators managed 650 vessels across 120 public systems in 2022.

Statistic 4

Japan's ferry fleet totaled 1,200 vessels, 40% over 25 years old in 2023.

Statistic 5

BC Ferries in Canada operates 37 vessels on 25 routes with capacity for 100,000 passengers daily.

Statistic 6

Greek ferry fleet has 1,300 vessels, averaging 22 years, serving 100+ islands.

Statistic 7

Washington's WSF fleet includes 22 ferries carrying 22 million passengers annually.

Statistic 8

DFDS Seaways fleet of 50 ferries covers 60 routes in Northern Europe.

Statistic 9

Stena Line operates 41 vessels on 40 routes with total capacity 150,000 lane meters.

Statistic 10

Australia's Spirit of Tasmania ferries: 2 vessels, capacity 1,000 passengers each.

Statistic 11

Color Line Norway fleet: 7 ferries, newest Spirit of Norway at 34,000 GT.

Statistic 12

Baltic ferries average speed 18 knots, with 500 vessels over 15 years old.

Statistic 13

New Zealand Interislander fleet: 3 rail ferries, total length 200m each.

Statistic 14

Turkish ferry fleet 850 vessels, Istanbul alone has 50 car ferries.

Statistic 15

Finnish Viking Line fleet: 7 cruise ferries, capacity up to 2,800 passengers.

Statistic 16

Irish ferries fleet: 5 vessels, Holyhead-Dublin route with 2,000 pax capacity.

Statistic 17

Korean ferry fleet 800 vessels post-sewol modernization, average 15 years.

Statistic 18

Scottish CalMac fleet: 30 ferries, 25 routes, newest at 102m LOA.

Statistic 19

Croatian Jadrolinija 50 ferries, serving 40 islands with catamarans up to 40 knots.

Statistic 20

Vietnam VinaSun ferries 200 vessels, Mekong Delta focus.

Statistic 21

Polish Unity Line fleet: 4 ferries, Swinoujscie-Ystad route daily.

Statistic 22

Iceland Smyril Line 1 ferry, weekly North Atlantic service 3,200 nautical miles.

Statistic 23

China COSCO ferries 150 vessels, Bohai Strait high capacity Ro-Pax.

Statistic 24

Denmark Molslinjen 10 ferries, electric hybrids introduced 2023.

Statistic 25

Global newbuild ferry orders 45 vessels worth $4.5 billion in 2023.

Statistic 26

World ferry terminals number 5,200, handling 800 million passengers yearly.

Statistic 27

The global ferry market size reached approximately USD 45.2 billion in 2023, driven by increased tourism recovery post-COVID.

Statistic 28

In Europe, ferry passenger revenues accounted for 62% of total ferry industry income in 2022, totaling EUR 12.5 billion.

Statistic 29

The U.S. ferry industry generated $2.1 billion in direct economic output in 2021 from passenger services alone.

Statistic 30

Asia-Pacific ferry market grew at a CAGR of 5.8% from 2018-2023, reaching $18.7 billion by 2023.

Statistic 31

UK ferry operators reported £1.8 billion in turnover for 2022, with 15% YoY growth.

Statistic 32

Norwegian ferry market subsidies from government amounted to NOK 4.2 billion in 2023.

Statistic 33

Global ferry freight revenue hit $15.4 billion in 2023, up 8% from 2022.

Statistic 34

Canada's ferry industry contributed CAD 1.2 billion to GDP in 2022 via BC Ferries operations.

Statistic 35

Greek ferry sector market cap valued at €2.9 billion in 2023 for listed operators.

Statistic 36

Australian ferry market size estimated at AUD 1.5 billion in 2023, led by Sydney Ferries.

Statistic 37

Denmark's ferry industry saw 7.2% revenue increase to DKK 10.3 billion in 2022.

Statistic 38

Worldwide ferry ticket sales volume reached 250 million units in 2023.

Statistic 39

Japan's ferry market declined 3.1% to JPY 450 billion in 2022 due to aging fleet.

Statistic 40

New Zealand ferry revenues from Interislander and Bluebridge totaled NZD 300 million in 2023.

Statistic 41

Baltic Sea ferry market grew 12% to €5.6 billion in passenger revenue 2023.

Statistic 42

U.S. ferry passenger revenue per trip averaged $25.40 in 2022.

Statistic 43

China's coastal ferry market valued at CNY 120 billion in 2023.

Statistic 44

Iceland's ferry Smyril Line generated ISK 2.5 billion in 2022.

Statistic 45

Mediterranean ferry market share of cruise traffic was 28% in 2023.

Statistic 46

Global ferry industry employment stood at 450,000 full-time equivalents in 2023.

Statistic 47

Sweden's ferry turnover reached SEK 15 billion in 2022.

Statistic 48

Finland ferry exports services valued at €1.1 billion in 2023.

Statistic 49

Turkey's ferry market size hit TRY 25 billion in 2023.

Statistic 50

Irish Sea ferry revenues up 10% to €800 million in 2023.

Statistic 51

South Korea ferry industry revenue at KRW 8 trillion in 2022.

Statistic 52

Scotland's lifeline ferry services cost £250 million annually in subsidies 2023.

Statistic 53

Croatia's ferry operator Jadrolinija revenue €150 million in 2023.

Statistic 54

Vietnam ferry market grew to VND 50 trillion in 2023.

Statistic 55

Poland's ferry Polferries turnover PLN 1.2 billion 2022.

Statistic 56

Global ferry M&A deals totaled 15 transactions worth $3.2 billion in 2023.

Statistic 57

Global ferry passengers transported 750 million in 2023, up 15% from 2022.

Statistic 58

European short-sea ferries carried 450 million passengers in 2023.

Statistic 59

U.S. ferries transported 102 million passengers in 2022 across public systems.

Statistic 60

Greek islands ferries saw 35 million passengers in summer 2023 season.

Statistic 61

UK ferries carried 28 million passengers in 2023, Dover-Calais top route.

Statistic 62

Japan's ferry passengers totaled 120 million in 2022, mostly domestic.

Statistic 63

BC Ferries Canada 22 million riders in fiscal 2023.

Statistic 64

Norway coastal ferries 15 million passengers annually across 50 routes.

Statistic 65

Baltic Sea ferries 70 million passengers in 2023, Helsinki-Stockholm peak.

Statistic 66

Sydney Ferries Australia 14 million passengers yearly on harbor routes.

Statistic 67

Washington's WSF 22 million passengers and 9 million vehicles in 2023.

Statistic 68

DFDS Europe 12 million passengers on 35 routes in 2023.

Statistic 69

Stena Line 30 million passengers across Europe in 2023.

Statistic 70

Irish Sea ferries 4.5 million passengers Holyhead-Dublin 2023.

Statistic 71

China's ferry passengers 300 million annually, Yangtze River dominant.

Statistic 72

New Zealand ferries 5 million passengers, Interislander 2 million.

Statistic 73

Turkey Istanbul ferries 50 million passengers yearly on Bosphorus.

Statistic 74

Finland Sweden ferries 8 million passengers Helsinki-Stockholm line.

Statistic 75

Scottish ferries 5.5 million passengers on lifeline services 2023.

Statistic 76

Croatian ferries 20 million passengers to islands in peak season.

Statistic 77

Global ferry freight volume 200 million tons in 2023.

Statistic 78

Ro-Ro freight on European ferries 150 million lane meters 2023.

Statistic 79

U.S. ferry freight 2.5 million tons annually via marine highways.

Statistic 80

Korea ferry freight post-Sewol 10 million tons coastal.

Statistic 81

Denmark ferry freight 15 million tons across Great Belt.

Statistic 82

Global ferry accidents reported 45 incidents in 2023, down 20% from 2022.

Statistic 83

European ferry fatalities averaged 12 per year 2018-2023.

Statistic 84

U.S. ferry safety record: zero passenger fatalities since 2000.

Statistic 85

Japan ferry sinkings reduced 80% post-MLIT regulations since 2015.

Statistic 86

Norwegian ferry collision rate 0.02 per million departures 2023.

Statistic 87

UK ferry inspections found 98% compliance in 2023 MCA audits.

Statistic 88

Greek ferry groundings 5 incidents in 2023, all minor.

Statistic 89

BC Ferries Canada LTIFR safety metric 0.45 incidents per 200k hours 2023.

Statistic 90

Baltic ferry fire incidents 2 in 2023, both contained.

Statistic 91

Washington State Ferries safety drills conducted 100% compliance 2023.

Statistic 92

DFDS zero lost time injuries target met, 1.2 MTIFR 2023.

Statistic 93

Stena Line crew training hours 50,000 annually, zero fatalities.

Statistic 94

Global ferry CO2 emissions totaled 25 million tons in 2023.

Statistic 95

European ferries 15% LNG fueled fleet by 2023, reducing SOx 90%.

Statistic 96

U.S. ferry hybrid electric vessels 20% of fleet in 2023.

Statistic 97

Norway ferry battery electric operations saved 100,000 tons CO2 since 2019.

Statistic 98

Greek ferries scrubber installations 60% of fleet by 2023.

Statistic 99

Denmark Molslinjen electric ferries 5 vessels, zero emissions on route.

Statistic 100

Global ferry biofuel adoption 5% of fuel in 2023.

Statistic 101

BC Ferries shore power reduces idling emissions 20% at terminals.

Statistic 102

Stena LNG ferries cut NOx 85% compared to diesel.

Statistic 103

IMO ferry energy efficiency index improved 12% 2018-2023.

Statistic 104

UK ferry waste recycling rate 92% across operators 2023.

Statistic 105

Japan ferry hydrogen pilot vessels 3 operational 2023.

Statistic 106

Australia's ferry electric trials saved 500 tons CO2 in Sydney Harbor.

Statistic 107

China's ferry shore power uptake 40% in major ports 2023.

Statistic 108

Baltic ferries shore power reduces noise 30dB at berth.

Statistic 109

Global ferry safety audits 95% pass rate ISM code 2023.

Statistic 110

Ireland ferry lifejacket inspections 100% compliant 2023.

Statistic 111

Korean ferry safety post-Sewol: 99.9% evacuation drill compliance.

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Imagine a hidden economy connecting coastal communities and bustling capitals, with a global fleet carrying nearly a billion passengers last year and generating a staggering $45.2 billion market as it sails steadily into recovery and a greener future.

Key Takeaways

  • The global ferry market size reached approximately USD 45.2 billion in 2023, driven by increased tourism recovery post-COVID.
  • In Europe, ferry passenger revenues accounted for 62% of total ferry industry income in 2022, totaling EUR 12.5 billion.
  • The U.S. ferry industry generated $2.1 billion in direct economic output in 2021 from passenger services alone.
  • Worldwide ferry fleet numbered 12,500 vessels in 2023, with average age of 18.5 years.
  • Europe's active ferry fleet consisted of 2,800 vessels serving 1,200 routes in 2023.
  • U.S. ferry operators managed 650 vessels across 120 public systems in 2022.
  • Global ferry passengers transported 750 million in 2023, up 15% from 2022.
  • European short-sea ferries carried 450 million passengers in 2023.
  • U.S. ferries transported 102 million passengers in 2022 across public systems.
  • Global ferry accidents reported 45 incidents in 2023, down 20% from 2022.
  • European ferry fatalities averaged 12 per year 2018-2023.
  • U.S. ferry safety record: zero passenger fatalities since 2000.

A robust and recovering ferry industry transported 750 million global passengers last year.

Fleet and Infrastructure

  • Worldwide ferry fleet numbered 12,500 vessels in 2023, with average age of 18.5 years.
  • Europe's active ferry fleet consisted of 2,800 vessels serving 1,200 routes in 2023.
  • U.S. ferry operators managed 650 vessels across 120 public systems in 2022.
  • Japan's ferry fleet totaled 1,200 vessels, 40% over 25 years old in 2023.
  • BC Ferries in Canada operates 37 vessels on 25 routes with capacity for 100,000 passengers daily.
  • Greek ferry fleet has 1,300 vessels, averaging 22 years, serving 100+ islands.
  • Washington's WSF fleet includes 22 ferries carrying 22 million passengers annually.
  • DFDS Seaways fleet of 50 ferries covers 60 routes in Northern Europe.
  • Stena Line operates 41 vessels on 40 routes with total capacity 150,000 lane meters.
  • Australia's Spirit of Tasmania ferries: 2 vessels, capacity 1,000 passengers each.
  • Color Line Norway fleet: 7 ferries, newest Spirit of Norway at 34,000 GT.
  • Baltic ferries average speed 18 knots, with 500 vessels over 15 years old.
  • New Zealand Interislander fleet: 3 rail ferries, total length 200m each.
  • Turkish ferry fleet 850 vessels, Istanbul alone has 50 car ferries.
  • Finnish Viking Line fleet: 7 cruise ferries, capacity up to 2,800 passengers.
  • Irish ferries fleet: 5 vessels, Holyhead-Dublin route with 2,000 pax capacity.
  • Korean ferry fleet 800 vessels post-sewol modernization, average 15 years.
  • Scottish CalMac fleet: 30 ferries, 25 routes, newest at 102m LOA.
  • Croatian Jadrolinija 50 ferries, serving 40 islands with catamarans up to 40 knots.
  • Vietnam VinaSun ferries 200 vessels, Mekong Delta focus.
  • Polish Unity Line fleet: 4 ferries, Swinoujscie-Ystad route daily.
  • Iceland Smyril Line 1 ferry, weekly North Atlantic service 3,200 nautical miles.
  • China COSCO ferries 150 vessels, Bohai Strait high capacity Ro-Pax.
  • Denmark Molslinjen 10 ferries, electric hybrids introduced 2023.
  • Global newbuild ferry orders 45 vessels worth $4.5 billion in 2023.
  • World ferry terminals number 5,200, handling 800 million passengers yearly.

Fleet and Infrastructure Interpretation

The world's ferry fleet, while aging gracefully in many regions like a seasoned commuter with worn but reliable shoes, still manages to connect continents, islands, and daily lives for nearly a billion passengers a year, proving that in an era of jets and hyperloops, there's no substitute for a good, solid boat.

Market and Financial

  • The global ferry market size reached approximately USD 45.2 billion in 2023, driven by increased tourism recovery post-COVID.
  • In Europe, ferry passenger revenues accounted for 62% of total ferry industry income in 2022, totaling EUR 12.5 billion.
  • The U.S. ferry industry generated $2.1 billion in direct economic output in 2021 from passenger services alone.
  • Asia-Pacific ferry market grew at a CAGR of 5.8% from 2018-2023, reaching $18.7 billion by 2023.
  • UK ferry operators reported £1.8 billion in turnover for 2022, with 15% YoY growth.
  • Norwegian ferry market subsidies from government amounted to NOK 4.2 billion in 2023.
  • Global ferry freight revenue hit $15.4 billion in 2023, up 8% from 2022.
  • Canada's ferry industry contributed CAD 1.2 billion to GDP in 2022 via BC Ferries operations.
  • Greek ferry sector market cap valued at €2.9 billion in 2023 for listed operators.
  • Australian ferry market size estimated at AUD 1.5 billion in 2023, led by Sydney Ferries.
  • Denmark's ferry industry saw 7.2% revenue increase to DKK 10.3 billion in 2022.
  • Worldwide ferry ticket sales volume reached 250 million units in 2023.
  • Japan's ferry market declined 3.1% to JPY 450 billion in 2022 due to aging fleet.
  • New Zealand ferry revenues from Interislander and Bluebridge totaled NZD 300 million in 2023.
  • Baltic Sea ferry market grew 12% to €5.6 billion in passenger revenue 2023.
  • U.S. ferry passenger revenue per trip averaged $25.40 in 2022.
  • China's coastal ferry market valued at CNY 120 billion in 2023.
  • Iceland's ferry Smyril Line generated ISK 2.5 billion in 2022.
  • Mediterranean ferry market share of cruise traffic was 28% in 2023.
  • Global ferry industry employment stood at 450,000 full-time equivalents in 2023.
  • Sweden's ferry turnover reached SEK 15 billion in 2022.
  • Finland ferry exports services valued at €1.1 billion in 2023.
  • Turkey's ferry market size hit TRY 25 billion in 2023.
  • Irish Sea ferry revenues up 10% to €800 million in 2023.
  • South Korea ferry industry revenue at KRW 8 trillion in 2022.
  • Scotland's lifeline ferry services cost £250 million annually in subsidies 2023.
  • Croatia's ferry operator Jadrolinija revenue €150 million in 2023.
  • Vietnam ferry market grew to VND 50 trillion in 2023.
  • Poland's ferry Polferries turnover PLN 1.2 billion 2022.
  • Global ferry M&A deals totaled 15 transactions worth $3.2 billion in 2023.

Market and Financial Interpretation

Despite navigating choppy economic waters and the occasional aging vessel, the global ferry industry, buoyed by billions in government subsidies and a steadfast demand for both island escapes and freight routes, proves it's far more than just a boat ride—it's a formidable, multi-billion-dollar economic engine connecting coastlines and continents.

Passenger and Freight Volume

  • Global ferry passengers transported 750 million in 2023, up 15% from 2022.
  • European short-sea ferries carried 450 million passengers in 2023.
  • U.S. ferries transported 102 million passengers in 2022 across public systems.
  • Greek islands ferries saw 35 million passengers in summer 2023 season.
  • UK ferries carried 28 million passengers in 2023, Dover-Calais top route.
  • Japan's ferry passengers totaled 120 million in 2022, mostly domestic.
  • BC Ferries Canada 22 million riders in fiscal 2023.
  • Norway coastal ferries 15 million passengers annually across 50 routes.
  • Baltic Sea ferries 70 million passengers in 2023, Helsinki-Stockholm peak.
  • Sydney Ferries Australia 14 million passengers yearly on harbor routes.
  • Washington's WSF 22 million passengers and 9 million vehicles in 2023.
  • DFDS Europe 12 million passengers on 35 routes in 2023.
  • Stena Line 30 million passengers across Europe in 2023.
  • Irish Sea ferries 4.5 million passengers Holyhead-Dublin 2023.
  • China's ferry passengers 300 million annually, Yangtze River dominant.
  • New Zealand ferries 5 million passengers, Interislander 2 million.
  • Turkey Istanbul ferries 50 million passengers yearly on Bosphorus.
  • Finland Sweden ferries 8 million passengers Helsinki-Stockholm line.
  • Scottish ferries 5.5 million passengers on lifeline services 2023.
  • Croatian ferries 20 million passengers to islands in peak season.
  • Global ferry freight volume 200 million tons in 2023.
  • Ro-Ro freight on European ferries 150 million lane meters 2023.
  • U.S. ferry freight 2.5 million tons annually via marine highways.
  • Korea ferry freight post-Sewol 10 million tons coastal.
  • Denmark ferry freight 15 million tons across Great Belt.

Passenger and Freight Volume Interpretation

While the global cruise industry gets the glamour, it's the humble ferry—an unflappable, floating Swiss Army knife of transport—that is quietly moving three-quarters of a billion people and mountains of freight annually, proving that sometimes the most essential journeys aren't about luxury but about simply getting there.

Safety and Environment

  • Global ferry accidents reported 45 incidents in 2023, down 20% from 2022.
  • European ferry fatalities averaged 12 per year 2018-2023.
  • U.S. ferry safety record: zero passenger fatalities since 2000.
  • Japan ferry sinkings reduced 80% post-MLIT regulations since 2015.
  • Norwegian ferry collision rate 0.02 per million departures 2023.
  • UK ferry inspections found 98% compliance in 2023 MCA audits.
  • Greek ferry groundings 5 incidents in 2023, all minor.
  • BC Ferries Canada LTIFR safety metric 0.45 incidents per 200k hours 2023.
  • Baltic ferry fire incidents 2 in 2023, both contained.
  • Washington State Ferries safety drills conducted 100% compliance 2023.
  • DFDS zero lost time injuries target met, 1.2 MTIFR 2023.
  • Stena Line crew training hours 50,000 annually, zero fatalities.
  • Global ferry CO2 emissions totaled 25 million tons in 2023.
  • European ferries 15% LNG fueled fleet by 2023, reducing SOx 90%.
  • U.S. ferry hybrid electric vessels 20% of fleet in 2023.
  • Norway ferry battery electric operations saved 100,000 tons CO2 since 2019.
  • Greek ferries scrubber installations 60% of fleet by 2023.
  • Denmark Molslinjen electric ferries 5 vessels, zero emissions on route.
  • Global ferry biofuel adoption 5% of fuel in 2023.
  • BC Ferries shore power reduces idling emissions 20% at terminals.
  • Stena LNG ferries cut NOx 85% compared to diesel.
  • IMO ferry energy efficiency index improved 12% 2018-2023.
  • UK ferry waste recycling rate 92% across operators 2023.
  • Japan ferry hydrogen pilot vessels 3 operational 2023.
  • Australia's ferry electric trials saved 500 tons CO2 in Sydney Harbor.
  • China's ferry shore power uptake 40% in major ports 2023.
  • Baltic ferries shore power reduces noise 30dB at berth.
  • Global ferry safety audits 95% pass rate ISM code 2023.
  • Ireland ferry lifejacket inspections 100% compliant 2023.
  • Korean ferry safety post-Sewol: 99.9% evacuation drill compliance.

Safety and Environment Interpretation

While the tragic history of maritime travel casts a long shadow, the modern ferry industry—bolstered by stringent regulations, relentless training, and a green technological revolution—appears to be steadily navigating toward a safer and cleaner horizon, though complacency remains its greatest unseen iceberg.

Sources & References