Mr. Craig Marston

GLG News by Mr. Craig Marston, Managing Director

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

Economou Deserving Of Some Criticism

June 16, 2009

Analysis of:CEO pilloried | www.tradewinds.no

While not the epitomy of evil that Jim Kramer describes, George Economou has lost his way somewhat.

Jinhui Shipping's Gloomy Outlook

June 4, 2009

Analysis of:Dry reality check | www.tradewinds.no

Jinhui Shipping (Oslo:JIN.OL) reported disappointing numbers coupled with a gloomy outlook on the near-term market, despite the recent recovery in dry bulk rates.  I agree with their market forecast, but Jinhui's near-term prospects have more to do with capacity.

Demand Improvement Won't Help Dry Bulk

May 26, 2009

Analysis of:Bulker boomerang | www.tradewinds.no

Some iron ore contract renewals in Japan, impressive 1Q Chinese iron ore imports, and expectations of the impacts of stimulus packages have vastly improved market sentiment for a continued improvement in dry bulk shipping rates.  This is "irrational exuberance."

Drewry's Outlook For Dry Bulk Overly Pessimistic

May 21, 2009

Analysis of:Dry looks dreary | www.tradewinds.no

Tradewinds reports on Drewry's latest forecast for dry bulk to remain depressed through 2014.  This is a very unlikely scenario.

Difficult Year For Matson

May 7, 2009

Analysis of:Unparalleled drop | www.tradewinds.no

Matson Navigation parent, Alexander & Baldwin (Nasdaq:ALEX), reported that the company posted a $500k operating loss in the first quarter, compared with a $15.9m profit a year ago.

2009 A Terrible Year For Container Shipping

May 5, 2009

Analysis of:Barge Rates Float Upward | www.americanshipper.com

AXS-Alphaliner, as reported in American Shipper, forecasts the top 20 container shipping firms will lose $4b in the first quarter alone.

47% Decline In Ship Orders Actually Good News

April 29, 2009

Analysis of:Orders Collapse | www.tradewinds.no

The JSEA reported 2008 export orders were down 47% relative to 2007.  Given the state of the market, this is actually good news.

Tanker Shipping - The Sky Is Falling

April 24, 2009

Analysis of:Tanker ratings hit | www.tradewinds.no

Apparently suprised by the imbalance between supply and demand, Cantor Fitzgerald downgraded most US-listed tanker stocks.

High Quality Service Premium Very Small In Today's Market

April 24, 2009

Analysis of:Box Imports Fall Below 1 Million - Journal of Commerce | www.joc.com

Container shipping rates are low - for everyone

Mixed Reviews For DRYS

April 21, 2009

Analysis of:ATM completed | www.tradewinds.no

The injection of $500M in equity appears to have quelled the market's fear of default, but the near-term prospects for DRYS are mixed.

Panamax Market Prospects Ugly

March 25, 2009

Analysis of:Bulker bulge | www.tradewinds.no

Caught between an impending oversupply of Capesize vessels and a nearly equal deluge of new Supramax tonnage, Panamax owners face a bleak short-term market.

Norden Will See Opportunities In This Weak Market

March 16, 2009

Analysis of:Norden feels heat | www.tradewinds.no

Norden is one of the few dry bulk shipping companies that have over 100 vessels on the water.  A relatively minor player in liquid bulk shipping, Norden's exposure to the panamax sector will be its toughest test over the next two years.

Capacity Management Key For Container Shipping

March 16, 2009

Analysis of:Misery for Maersk | www.tradewinds.no

Currently, over 10% of the liner shipping fleet is idle as capacity additions exceed demand growth.  Far too much of this idle capacity is owned tonnage, rather than charter tonnage.

Supramax Market A Safe Bet

March 6, 2009

Analysis of:Eagle upgraded | www.tradewinds.no

2009-2010 will see extremely volatile and overall poor market conditions for dry bulk shipping.  However, the Handymax and Handy size segments will enjoy better conditions that the market average.

Chinese Port Investments Risky

February 24, 2009

Analysis of:Opportunities in China's Infrastructure for 2009 - Waterborne Transportation | keeglobaladvisors.typepad.com

Reportedly, China will invest $118B in new seaports, riverports and expansion of existing facilities.  Except for cabotage demands, such investments will exacerbate excess port capacity in the country.

Diana's Bear Market Just Beginning

February 19, 2009

Analysis of:Di on the money | www.tradewinds.no

Diana's overly conservative chartering strategy, which missed most of the boom market, will hurt even more in the bear market.

Despite Earnings Release, NM Is Underpriced

February 19, 2009

Analysis of:Navios net dives | www.tradewinds.no

Navios Maritime reported a 56% decline in earnings, consisting of several relatively small losses on warrants, swaps, doubtful FFA accounts and newbuild cancellation fees.  A signficant amount of the reduction in earnings was attributable to the spin-off of Navios Partners.

Supramax Market Players Well Positioned

February 17, 2009

Analysis of:Eagle cut to sell | www.tradewinds.no

The Supramax market is likely to be the most resilient during the coming weak 2009-2010 dry bulk markets due to growing demand and significant fleet age.

Not A Good Time To Be In The Bottom Of The Top 20 Liner Companies

February 17, 2009

Analysis of:Barge Rates Float Upward | www.americanshipper.com

As reported in Tradewinds, AXS-Alphaliner estimates that 392 containerships, representing 1.1M TEU's, is currently idle as carriers adjust capacity to weak demand.  An additional 1.8M TEU's in new capacity will enter the market this year.  AXS-Alphaliner estimates that excess capacity could persist until 2014.

Dry Bulk Rally Will Be Short Lived

February 17, 2009

Analysis of:ArcelorMittal predicts steel bounce-back | www.lloydslist.com

Minor movements in iron ore demand predictably pushed spot rates north.  Times will get better when contract negotiations are finalized, but the good times won't last through the summer.

Page : 12345678910Next1 to 20 of 367