Ed Finley–Richardson
@ed_fin
Stifel: While costs are rising for virtually everything, not much keeps up with the cost of ships. Since the beginning of 2021 the cost to build a tanker is +54%, while 5yo ships have seen +92% inflation. In dry bulk, newbuildings are +49% with 5-year-olds +84%.
2024-10-14
Ed Finley–Richardson
@ed_fin
Stifel: While costs are rising for virtually everything, not much keeps up with the cost of ships. Since the beginning of 2021 the cost to build a tanker is +54%, while 5yo ships have seen +92% inflation. In dry bulk, newbuildings are +49% with 5-year-olds +84%.
2024-10-14
Ed Finley–Richardson
@ed_fin
Stifel: While costs are rising for virtually everything, not much keeps up with the cost of ships. Since the beginning of 2021 the cost to build a tanker is +54%, while 5yo ships have seen +92% inflation. In dry bulk, newbuildings are +49% with 5-year-olds +84%.
2024-10-14
Ed Finley–Richardson
@ed_fin
Stifel: While costs are rising for virtually everything, not much keeps up with the cost of ships. Since the beginning of 2021 the cost to build a tanker is +54%, while 5yo ships have seen +92% inflation. In dry bulk, newbuildings are +49% with 5-year-olds +84%.
2024-10-14