Table 4.
The estimation of EoL ships by Weibull distribution (rounded so may not represent the exact calculation)
Year of demolition | Demolition data in million GT (UNCTADstat, 2020) | Demolition data in million GT (NGO shipbreaking platform, 2020) | Estimated demolition in million GT (Weibull) | 50% increase | 100% increase (Estimate based 1980 recession) |
2012 | - | 26.6 | - | - | - |
2013 | - | 13.1 | - | - | - |
2014 | 22.4 | 22.7 | - | - | - |
2015 | 23.3 | 20.4 | - | - | - |
2016 | 29.1 | 27.5 | - | - | - |
2017 | 22.9 | 20.7 | - | - | - |
2018 | 18.9 | 18.9 | 15.47 | 23.21 | 30.94 |
2019 | - | 13.5 | 15.85 | 23.78 | 31.71 |
2020 | - | - | 16.50 | 24.74 | 32.99 |
2021 | - | - | 17.44 | 26.16 | 34.88 |
2022 | - | - | 18.67 | 28.01 | 37.34 |
2023 | - | - | 20.10 | 30.14 | 40.19 |
2024 | - | - | 21.58 | 32.36 | 43.15 |
2025 | - | - | 22.98 | 34.46 | 45.95 |