“In coming years the stress of owning ships will result in prices falling further.”
Hsu Chih-chien of Eddie Steamship is buying ships but believes a ‘precipitously’ fall in value still has some way to go.
(Eddie ends two-year break from purchasing)
“Now I would love to buy — well-maintained ships ideally between five and eight years old, possibly older, but not older than 11 years.
