GLG News by Boat Industry Experts

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

FFA Gamble Rolls Snake Eyes

October 23, 2008

ICI hits rocks | www.tradewinds.no

The bankruptcy filing by Industrial Carriers Corp (ICI) is likely to be replicated many times over the next two years, but will not affect a significant percentage of drybulk operators.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Current Low Rates For Dry Bulk Shipping Will Not Persist

October 23, 2008

Sector Snap: Drybulk shares sink on demand worries | biz.yahoo.com

Spot rates for dry bulk shipping have dropped below variable operating costs.  Fundamentally, this should not be the case.  Rates will recover.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Kuhne Paid Way Too Much

October 16, 2008

"Extremely high" | www.tradewinds.no

The Albert Ballin consortium, led by Klaus-Michael Kuhne, admitted to Tradewinds that they paid an "extremely high" price for Hapag-Lloyd in an effort to keep the company away from NOL.  The move was based upon Nationalistic emotions, not business metrics.

Michael Cain, President / Consultant

Michael CainPresident / ConsultantMFC Consulting What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Timing is Everything

October 15, 2008

G.M. and Chrysler Explore Merger | www.nytimes.com

The idea of GM buying out Chrysler is an exciting idea.  GM was willing to pay up to five billion dollars for the Jeep Division just a few years ago.  Imagine a Cadillac with a Hemi engine and so on.  Both companies would benefit from this merger and it would be an exciting time in the industry.  The elimination of two corporate offices and personnel departments and technology centers and testing and under utilized plants and etc. would be great for the business and would lower the cost of building autos and trucks.  This would be a good idea in normal times, but we are not in normal times and this merger should not happen for GM to succeed in 2010.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Dry Bulk Shipping Looking Gloomy For Many

October 13, 2008

China cuts back | www.tradewinds.no

Declining demand for iron ore, the credit crisis, and gloomy economic forecasts have led to an early decline in dry bulk shipping rates.  For many speculative ship owners, the future is bleak.  This will create opportunities for owners without liquidity problems.

Michael Cain, President / Consultant

Michael CainPresident / ConsultantMFC Consulting What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Why the Big US made auto's won't sell

September 9, 2008

Sales Slump In Luxury Car Segment And Auto Makers Offer Deals | online.wsj.com

Current a condition is taking place in the auto industry that is not new put is puzzling to some auto observers.  Large American made cars simply are not selling in the US market place.  This is not the first time this has happened and will probably not be the last.  Here is why:   1.      American made large cars are not as fuel efficient as some import cars. 2.      The trade in value of used large cars is very low causing a larger trade difference. 3.      Dealer selection is very low because most dealers are trying to work these units out of their inventory and are not restocking. 4.      Very little has changed on a new large car from the one purchased even four years ago.  (Equipment, appearance, engines, and fuel mileage.)

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Wrong Timing For Shipyard Consolidation

August 28, 2008

Usual suspects | www.tradewinds.no

Tradewinds reported that the list of suitors for the 50.4% stake being offered in Daewoo Shipbuilding & Marine Engineering (DSME) includes Hyundai Heavy Industry, Posco, the GS Group, and Hanwha Group.  Analysts expect a bidding war to result.  While a great time for sellers to unlock the value of the business, this is a terrible time for the competitors to acquire Daewoo. 

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Jinhui Too Optimistic

August 28, 2008

Macro meltdown? | www.tradewinds.no

Jinhui Shipping & Transportation (Oslo:JIN.OL) reported record profits and simultaneously warned of weaker medium term prospects.  The company rightly cited macroeconomic concerns on the demand side, but is overly optimistic related to the supply side.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

NOL Likely To Acquire Hapag-Lloyd

August 27, 2008

NOL will not pay over the odds for Hapag | www.lloydslist.com

Despite the 4b Euro "minimum" price that TUI is placing on Hapag, opposition from Hamburg, and a very conservative acquisition history, NOL is very likely to be the successful bidder.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Credit Crunch Not A Factor For Overall Shipbuilding Industry

August 20, 2008

Credit Crunch Spreads to Shipyards | www.marinelink.com

The impact of the "credit crunch," while real for individual companies, is not a factor for the overall shipbuilding industry.  The few building slots that have been canceled by owner default have been readily resold at higher margins.  The drop-off in post-2010 orders has its roots in oversupply of new ships and shipbuilding capacity.

Previous Page : 12345678910Next41 to 50 of 374

Leading institutions connect with members of the Consumer Goods & Services councils through GLG

Most Popular Consumer Goods & Services News