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Limited appetite

Ship sales have been thin on the ground in August

It’s been a quiet month on the sale and purchase scene as the VesselsValue graph below clearly shows.

“We can expect asymmetries in both price levels and volume of transactions to hold," Allied Shipbroking said in a recent report, summing up the scared mood among buyers and sellers in this Covid-19 year.

Assuming the world does not go into another lockdown, September is primed to be far busier as there is a huge swathe of ships coming to the market.

Japanese sellers have been the mos...

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