Assessing investments in shipping: a modular approach

This paper provides seperate but consistent modules,capable of being combined in a number of ways, for the assessment of investements in shipping with a variety of circumstances in respect of profitability, finance, inflation, taxes and tax allowances.These are accompanied by explanatory formulas and tables.It is thus possible to make comparisons of different financial terms and tax systems with ease and rapidity.A worked example is included.