Vessels for sale in American Samoa

Ships for Sale in American Samoa, produce, trend

Since 2010, the sales of vessels and ships in American Samoa have seen a significant increase. According to data provided by the American Samoa Ship Registry, 190 vessels have been registered since 2011. This number is more than double the number of ships registered during the years from 2000 to 2009.

The majority of vessels registered during this period are bulk carriers, tankers and cargo vessels. These types of vessels account for over 80% of the vessels for sale in American Samoa over the last decade. The growing demand for bulk carriers, tankers and cargo vessels is due to the strong sales activity in local markets. Additionally, the export of goods manufactured in American Samoa is on the rise and requires larger vessels to transport them.

The shipbuilding or shipyard industry in American Samoa has seen considerable growth due to the increased demand for vessels. Shipyards are constructing new vessels, and modernizing existing ships, making them more efficient and cost-effective. Shipyards have constructed over 75 vessels since 2010, with several new vessels already underway for delivery in the remaining 2019 – 2021 quarters.

Many of the newly constructed ships go through testing and certification trials at the local shipyard prior to delivery, which ensures that the ships are of the highest quality and ready for use. The growth in the shipbuilding and shipyard industry, in turn, is increasing demand for other ships, such as tugs and fishing boats, which are also available in American Samoa.

Increased sales of vessels has led to increased revenues and jobs in the American Samoa’s shipbuilding and shipyard industry by providing new production opportunities. The trend of increasing activity in American Samoa’s shipbuilding and shipyard industry is expected to continue into the future. This increased activity is providing a much needed boost to the local economy and creating new employment opportunities.