- Joined
- Apr 29, 2004
No, that doesn't hold water. (not a pun)Dunno - those 3 major lines are literally swimming in debt - the most recent bond offering was sold at junk yields I believe - how would they fund this ? Plus Not sure they want more ships especially with a recession staring them in the face.
The major lines may have a lot of debt, but they also have their own robust building program. Why wouldn't they consider buying a cheaper hull to replace or postpone one in their current building plans?