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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.

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Written by: | Categories: Marine Money | April 1st, 2010 |

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