$35M vessel stress test What happens to a $35 million ship if freight rates fall 30%? Anyone who has watched a few shipping cycles knows the rate sheet usually moves…
SALEFORM 2025 · Clause 2 The MoA is signed. The escrow account still is not ready. Nobody should assume the deal is automatically dead. SALEFORM 2025 finally gives ship buyers…
VLCC vs Suezmax charter cost A record VLCC lump sum can make two smaller ships look smarter A $29.5 million US Gulf-China VLCC fixture changes the cargo decision. At that…
18-month survey clock A special survey due soon is not a future problem. It is today’s price negotiation. A ship with 18 months left before special survey still has earning…
Mid-year delivery can leave a carbon bill sitting between buyer and seller A ship sale used to close around price, inspection, deposit, delivery and documents. In 2026, a serious closing…
Charter coverage turns a vessel sale into a cash-flow purchase Two identical ships can sell for very different numbers if one arrives open and the other arrives with contracted earnings.…
The purchase option is the number hiding inside the bareboat rate I would not value a bareboat charter by the daily hire alone because the purchase option can quietly decide…
A cheap closing price can become an expensive first ownership cycle I would not judge an $18 million ship by the wire amount alone because the first 24 months can…
I would not accept a biofuel clause as a green add-on until the fuel, tank, warranty, testing, redelivery and FuelEU economics are priced line by line. Biofuel is now a…