SHIP-PRICE · Investment Matrix

5-year unlevered return

Estimated IRR of a 5-year, unlevered hold — bought at our fair value (FMV), operated, then sold — across every mainstream bulker and tanker, by age and scenario. Plus the daily TCE required to hit a 10% IRR held to scrap.

Engine-powered · live

Loading matrix…

▲ green = positive IRR ▼ red = negative Best = current value curve holds Worst = revert to historical averages

Method. Unlevered 5-yr DCF → IRR per cell. Revenue at 99% utilisation, 2.5% commission; OPEX age-adjusted (95/100/105%) with 2%/yr escalation and an IS/SS survey ladder. FMV, exit and rates come from the SHIP-PRICE engine (not fixed assumptions). Worst case uses published historical averages (real 2016–2025 series to be swapped in). Figures are SHIP-PRICE assessments, deterministic and reproducible — a scenario, not a forecast.