Ina conference call with investors the Polys Hajioannou-led shipowner said it also believes that thesecondhand market offers “better value over a newbuilding.”
“Wehave postponed the delivery of two of our new buildings by one year from 2014to 2015, and this is giving us more room to invest in second-hand prices whichhave dropped faster than those for newbuildings,” said Hajioannou.
TheUS-listed Greek shipowner believes that newbuilding prices have “room to drop another15% next year.”
“Wefeel
