In the 2000s new ships were the in thing. Public companies boasted about their youthful fleets and since ships were floating cash machines, who could argue? Why buy old ships that might break down during a boom, costing cash instead of coining it? But today youth weighs heavily on balance sheets and suddenly older ships look interesting.Good and Old:
WORLD SHIPPING
14 April 2014 - 00:00
The Way Back to Balance is Getting The Right Balance
In the 2000s new ships were the in thing. Public companies boasted about their youthful fleets and since ships were floating cash machines, who could argue? Why buy old ships that might break down during a boom, costing cash instead of coining it? But today youth weighs heavily on balance sheets and suddenly older ships look interesting.Good and Old:
WORLD SHIPPING
14 April 2014 - 00:00
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