The chief executives of Wah Kwong, Pacific Basin, Noble Chartering and Caravel Maritime are among those urging their fellow owners to seek their opportunities in the secondhand market this year.

The appeals came at Marine Money Hong Kong as Wah Kwong boss Tim Huxley gave a frank partial confession of his ordering sins, Pacific Basin’s Mats Berglund explained how he is living with a buying binge and Caravel Maritime managing director Mudit Paliwal stood up for the trader and operator’s delayed debut as an owner.