VesselsValue’s Senior Analyst Court Smith gives a rundown on which countries have splashed the most cash on second-hand vessel purchases over 2018.
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Greece
The biggest buyer in 2018 of second-hand vessels is the Greek company Star Bulk Carriers. The vessels involved in the 2018 transactions were valued at just under 1 billion USD on the day of sale. Star Bulk have acquired vessels from a variety of sources: 6 capesize bulkers in a part share and part cash deals from...