Skip to main content

Baltic Exchange launches new service for ship investors

Published by , Editor
Dry Bulk,


The Baltic Exchange has launched a new service for shipping investors which provides a snapshot five-year view of the financial prospects of dry bulk carriers.

The Baltic Exchange Investor Indices are an easy to use online dashboard displaying data relevant to vessel investment decisions, residual value, health of earnings, spot and five-year time charter earnings; purchase and recycling values; and running costs. The service offers a high level of clarity and transparency for investors in Capesize, Panamax, Supramax, and Handysize vessel types. Tanker and gas carrier assets will be added at a later date.

Subscribers to the Baltic Exchange Investor Indices are offered a health of earnings index which compares spot income with daily running costs; an investment index which provides a write-down value of the vessel over five years; and an implied residual risk assessment which gives the recycling steel value of the vessel as a ratio of its implied residual value.

Commenting on the new service, Baltic Exchange Chief Executive Mark Jackson said:

“The Baltic Exchange is a credible, established, and regulated provider of data for the shipping industry. The recent addition of operating cost assessments to our portfolio of spot, forward market, sale and purchase, and recycling indices means that we now cover the financial lifecycle of the vessel. By splicing and dicing our data we are able to deliver an innovative new product which provides shipowners, banks, family offices and funds with an independent, easy to use benchmark which shows them the current and expected performance of key asset classes.”

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/09122020/baltic-exchange-launches-new-service-for-ship-investors/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Castor Maritime sell old kamsarmax

Castor Maritime Inc. has announced the sale of the M/V Magic Nebula for a price of US$16.2 million with an expected net gain of US$2.5 million.

 
 

Embed article link: (copy the HTML code below):