Model outputs
– Case study A: distressed purchase of mid-life containership, fixed for two years at prevailing spot market rates to CMA CGM (or
similar)
● PV of arbitrage between bareboat and timecharter, before co-investment and / or management fees
− Year 5 purchase option not exercised: ~$2.0 million
− Year 5 purchase option exercised: ~$7.4 million