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Y-day I wrote about locked in charter averages Okeanis for the future, now I am going to write about costs per day to later compare. Three main parts for me as a simple investor: 1. OPEX 2. Interest costs 3 Amortization/Depreciation together forming all in break even AVERAGE #OET
OPEX, well we pretty much are given that here as 2019 average and Q1 2020 actually was lower (larger fleet lowering costs?) so 8200 it is for me:
Interest costs: Well those have fallen and #OET is fully exposed to that.. As we are kind of doing a stress test of the company later comparing to the work of much appreciated @JHannisdahl assumptions it is not likely Libor would go up in a world where newbuild prices crash 15%..
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