Ship-owning as an asset class that deserves investment grade ratings : perspective from the capesize sector Volume 3

• Main Authors: Yang, Dun, Chen, Yufan, Zhao, Ying
• Other Authors: Soh Woei Liang
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Engineering::Civil engineering
• Online Access: http://hdl.handle.net/10356/64209
• Institution: Nanyang Technological University

It is undeniable that the current Capesize market is in the doldrums where freight rates hardly cover the operating costs. The main reason is due to the huge amount of excess tonnage that was delivered since 2009. On the other hand, the current low market also provides opportunities for “buying chea...