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Container Ship Investment Decisions between Newbuildings and Second-hand Vessels

摘要


The shipping industry is one of the most capital-intensive industries in the world. Ship investment choice is an important decision for container shipping companies. Using a dataset compiled from Clarkson Research Services Limited, this study analyzes individual shipowners' ship choice decisions between newbuildings and second-hand vessels through binary logistic regression. Different factors have different impacts on shipping companies' ship choice behavior.

參考文獻


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