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The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
In the sale and purchase market, second-hand ships are traded between shipowners. The administrative procedures used are roughly the same as in the real-estate business, using a standard contract. Trading ships is an important source of revenue for shipowners, as the prices are very volatile.
Considered to be a relatively liquid investment as there is a second-hand market for shipping assets; Considered to be a cyclical industry, with long supply and demand cycles since ships are large physical assets that take time to build, transport and dispose of; Costs of purchase and sale may be moderately high; There may be limited risk and ...
This is a list of container ships, both those in service and those which have ceased to operate. Container ships are a type of cargo ship that transports containers . For ships that have sailed under multiple names, their most recent name is used and former names are listed in the Notes section.
This is a list of container ships with a capacity larger than 20,000 twenty-foot equivalent units (TEU). Container ships have been built in increasingly larger sizes to take advantage of economies of scale and reduce expense as part of intermodal freight transport. Container ships are also subject to certain limitations in size. Primarily ...
The average cost of a used car is $26,510, according to Kelley Blue Book. While this is significantly less than what you can expect to pay for a new vehicle, it's still not exactly cheap. And with ...
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