Investigating the price ratio between newbuilds and five-year-old ships

MSI28 November 20241 Minute

“The stronger the earnings, the greater the premium buyers are willing to pay for secondhand tonnage compared to newbuilding prices,” explains Dr Adam Kent, the head of MSI. “Similarly,” he adds, “the higher the earnings the older the vessels owners are prepared to buy, that still attract a premium over the equivalent contract price.” Read more at Splash247.com

Investigating the price ratio between newbuilds and five-year-old ships | MSI Blog