Overcapacity More Of An Issue For Dry Bulk Than Slackening Demand
May 19, 2008
Threat of dry bulk doomsday scenario is real | lloydslist.com
There is no doubt that world GDP has a strong correlation to dry bulk shipping rates, but the short-term problem is impending oversupply, rather than slackening demand.
Real Cancelations Of Dry Bulk Ships Will Be Minimal
May 16, 2008
Shipbuilding Torpedoed by Subprime Causes Cost Surge (Update1) | www.bloomberg.com
While the combination of escalating steel prices, inexperienced shipyards, and the credit crisis may conspire to effect the cancelations of some contracts, the impact on actual ships built will be minimal.
Size Still Does Matter In Offshore Supply
May 8, 2008
Tidewater profit misses Street view, shares fall | www.reuters.com
While Tidewater (NYSE:TDW) reported a year on year drop of 2.5% in earnings, the sky is not yet falling.
First Ruling Not Good For Jones Act Operators
April 25, 2008
Ship axed from Jones Act | www.tradewinds.no
A surprisingly quick, but predictable ruling by a Federal judge has created significant uncertainties for many Jones Act operators.
Hapag-Lloyd A Great Fit For NOL
April 24, 2008
NOL gets clear run on Hapag | www.tradewinds.no
As other likely strategic buyers seem to be backing away, NOL is emerging as the leading bidder for TUI's Hapag-Lloyd.
VLCC Conversion Problems Are Predictable
April 11, 2008
Trouble on VLCC conversion front | www.tradewinds.no
Reports of stress fractures on the Hebei Innovator, one of the first VLOC conversions, is likely to be a common problem for other conversion vessels.
Petrobras OSV Order Not Good News for Oilfield Support Industry
April 10, 2008
Brazil preps huge order | www.tradewinds.no
Tradewinds reported that Brazilian oil major Petrobras is preparing to announce a $10b order for 100 OSV's to serve their offshore segment. With a world order book already prompting experts to predict a glut by 2010, this is not welcome news.
Consolidation In The PR Jones Act Market A Good Thing
April 10, 2008
Trailer Bridge buyers crowd thins | www.tradewinds.no
Jones Act liner shipping company Trailer Bridge (Nasdaq:TRBR) appears headed for a takeover by rival Crowley Maritime. TRBR's market, the Puerto Rico trade, has been beset by overcapacity and anemic demand. Consolidation should improve rates.
March 28, 2008
Protecting EADS | www.ft.com
Stock ownership of EADS should not be a factor in Boeing's protest of the award to NOC. Boeing's appeal to the US Congress to reverse a decision by the "war fighters" who will use the plane is ill-advised and we believe it should fail. By making this a campaign issue, Boeing supporters are impugning the integrity of the source selection process.
Conversions Not A Significant Issue In The Short Term
March 24, 2008
Conversion tally climbs even higher | www.tradewinds.no
A new Clarkson's report indicates that the number of potential tanker conversion candidates are even higher than earlier reported, raising the issue of a potential positive impact on tanker rates and negative impact on dry bulk rates. Neither is likely to happen before mid-2009.
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