JELF Spring 2023: Marine Vessels



Product Details

 
   
 Economic Obsolescence to Marine Assets: A Timely Update
By Basil M. Karatzas
 
Valuation of marine vessels is complicated, not only in light of their high capital cost base but also in terms of shifting trading trends and a tightening regulatory environment, both domestically and internationally. The regulatory environment is only one variable. The ability to quantify functional and technological obsolescence is another. It is essential for lessors and other financiers to conscientiously analyze asset risk.

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