Ferry buyers from the Philippines and Greece are once again turning to Japan for their tonnage needs.
Two recent deals involving ropaxes sold for further trading are the first that Japanese ferry operators have managed to conclude since the outbreak of the Covid-19 pandemic, and bring to a halt a run of Japanese ferries heading to India for recycling.
An uptick in travel as many countries open their borders to revive their flagging tourism sectors is likely to see more interest in secondhand Japanese ropaxes, brokers predicted.