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Home›News›Greek Ship Owners Wait for Lower Prices to Buy, RBS Banker Says
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July 5, 2010 · about 16 years ago

Greek Ship Owners Wait for Lower Prices to Buy, RBS Banker Says

Most Greek shipowners, who account for more vessel orders than any other nation, are waiting for prices to drop before expanding their fleets, according to Royal Bank of Scotland Group, their largest lender. The cost of a new 2 million-barrel carrying supertanker has climbed 5 percent this year to $

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Most Greek shipowners, who account for more vessel orders than any other nation, are waiting for prices to drop before expanding their fleets, according to Royal Bank of Scotland Group, their largest lender. The cost of a new 2 million-barrel carrying supertanker has climbed 5 percent this year to $104 million following a 33 percent slide in 2009, according to Clarkson Research Services Ltd., a unit of the world’s largest shipbroker.

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