Aaron Wens on the Lifecycle of Your Ocean-Going Vessel Investments
The Startup Magazine
DECEMBER 27, 2019
The ship broker and financing operations must work together to create a feasible financial plan. Investors may be called upon to cover some of the cost of the ship in return for some of the proceeds of the sale. The ship is generally thought of as ready for recycling if the cost of repairs is outweighing the ship’s usefulness.
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