Ships as investments

Ships as investments have many features similar to marketable financial instruments like shares, bonds, or traded options:

  1. The market price of a ship can be interpreted as the present value of the expected cash flow from the ship during its remaining economic life, discounted at a rate of return that reflects the market’s perception (pricing) of downside risks and upside
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Spanish Tax Lease Structure

a complex financial-tax structure developed by some Spanish banks based on general accelerated and anticipated tax depreciation measures together with the tonnage tax regime, whose application to the shipbuilding & shipping sector allows the price a Shipowner pays to a Shipyard for the construction of a Vessel to be advantageous compared to the price payable for an acquisition without the … Read the rest