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According to Fortune Business Insights™, the global cargo vessel market is undergoing significant transformation as maritime trade continues to drive global commerce. According to Fortune Business Insights™, the market was valued at USD 37.07 billion in 2022 and is expected to expand from USD 49.22 billion in 2023 to USD 61.77 billion by 2030, growing at a CAGR of 3.3% during the forecast period.
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