The Effect of Aging on Ship Values: An Econometric Analysis on Major Ship Types

Ships are investments that require significant capital and therefore the factors affecting their value must be analyzed carefully. The study in paper is determined to what extent effect of age, which one most influential sales value, differs terms ship type. reports including sale activities cover period between January 2013 December 2019 consist 84 monthly reports. Regression analysis was performed as price dependent variable, freight, size independent variables. According results, it types whose decreases due age change those used gas transportation, while least affected type by bulk transportation. In addition, has been freight transportation container It can also said with lowest risk investment ships greatest ships. hoped these results provide important information especially for players conducting commercial upon & purchase transactions market.