Is it Time to Buy Ships? And Where Are We in the Cycle?

Over recent years, I’ve been trying to understand the pattern of corrections in ship prices (setting aside supply-demand and construction costs for a minute). To better understand the correction, I’ve taken to trying to strip out the noise coming from dollar volatility. The problem, as I see it, is too many of us have been trapped by looking at performance within a tautology of prices going up in dollar terms because the dollar was going down.

This is only an excerpt of Is it Time to Buy Ships? And Where Are We in the Cycle?

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.