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Big decline in ship prices

Big decline in ship prices
Eworldship reported that Global ship prices presented a big decline in H1, however, the decline tended to slow down in Q2 under the situation.

Eworldship reported that Global ship prices presented a big decline in H1, however, the decline tended to slow down in Q2 under the situation.

Eworldship reported that Global ship prices presented a big decline in H1, however, the decline tended to slow down in Q2 under the situation, it"s expected that there would be limited spaces for prices to go down in H2. Experts think trades of new ships has touched the floor and shipping businesses are hoped to rebound by inches, so ship prices are likely to stabilize or even edge up in H2.

According to Clarkson, the new ship price index dropped from 177 to 155 by end May down by 12.43%. In specific, oil tankers showed the smallest fall in prices. The MoM declines in new price index in oil tankers, bulk carriers and container carriers respectively posted at 13.12%, 17.16% and 29.20%.

www.TurkishMaritime.com.tr

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