Second-hand ship prices may fall as much as a third by September as world trade slows and new vessels enter service.
Second-hand ship prices may fall as much as a third by September as world trade slows and new vessels enter service, according to Fearnleys A/S. Prices have already dropped a third since August, Byron Fiske Harrison, a broker at the company's Singapore unit, said today in Hong Kong.
Shipping lines have laid up more than 1,400 bulk and container vessels worldwide because of slumping demand for imports of iron ore in China and waning consumer spending in the U.S. and Europe. Still, a surge of new ships is due for delivery this year as yards complete orders placed two or three years ago when the market was booming.
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.