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Owners divided over relative value of newbuilds and secondhand vessels

Financing may be harder to get than in shipping’s past but reputable owners do not have to go without, say owners and ship finance specialists addressing a first forum in Athens organised by shipbroker Golden Destiny. Attendees also heard that opportunities come in many forms and that in spite of a tough period for the tanker market, the shipping industry is generally in better shape today than it was a couple of years ago.

Forum opinion divided over extent to which private equity funds will continue playing a key role in the industry

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