Clarksons Research has crunched the numbers to demonstrate how asset-play timing can still generate big profits despite long-term cumulative earnings for major ship types not differing a great deal.

The UK company’s analyst Trevor Crowe has looked at profit generated after operating expenses since 2008 by a typical capesize bulker, an aframax tanker and a 4,400-teu panamax containership.

“For those with a focus on long-run investment performance, after almost 14 years, the cumulative earnings across the three units stand within a range of $14m,” Crowe said.