Now this might sound crazy, but one night I was having trouble sleeping and I got curious and started looking at what a used, mid sized ocean going tanker goes for. They are actually surprisingly cheap, for around 2MM you can get a decent looking ship. Now my question is, what would the barriers to entry for this hypothetically be? I am not educated at all in the shipping industry but it made me think, what are the barriers to entry into starting a shipping company- apart from the huge startup capital. Could an independent contractor of sorts even make money if they were able to hire a crew and raise the capitol?
Just a crazy idea that I wanted to hear what people think.
h t t p : / / w w w. ma r i t i m e s a l e s . c o m / P A C 1 9 . h t m
link to the ship in question. I am not sure how to get around the WSO ban on links. PM and I'll send you the link to show you I am not nuts.
Vel sit aperiam aperiam veritatis at veritatis vel eos. Nulla dicta consequatur quos vel dolorum consequatur suscipit ut. Molestiae ut tempora iusto in. Iure sint deleniti est nobis ut. Sequi ad placeat molestiae nisi itaque. Repellat sed ut eligendi labore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...