GLG News by VLCC 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.

Container Ship Cancellations Too Late

February 6, 2009

Barge Rates Float Upward | www.americanshipper.com

As reported in Tradewinds, Zim Integrated Shipping Services is the latest liner shipping firm to approach asian shipyards to negotiate newbuild cancellations or deferments.  The industry response is too late to salvage the 2009-10 market.

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.

NM Has Reason To Be Optimistic

January 29, 2009

'Measured optimism" | www.tradewinds.no

Tradewinds reports that Navios Maritime (NYQ:NM), while reporting a nearly 50% increase in profit, is bucking the herd in projecting optimism for 2009.  They have reason to do so.

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.

Kirby Solid

January 29, 2009

Kirby cautious | www.tradewinds.no

In the course of announcing a 27% increase in annual income, Joe Pyne of Kirby struck a cautious tone in regards to the market conditions for 2009.  Today, in early trading, the stock is down over 10%.  This is an overreaction.

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.

NAT Not Immune To Downturn

January 28, 2009

Hansson does it his way | www.tradewinds.no

Nordic American Tanker Shipping's biggest strong point is the lack of debt and resulting exposure to the credit crisis.  However, their exposure to the spot market and price/NAV are significant weaknesses.

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.

EGLE Risk Less Than Most Dry Bulk Operators

January 20, 2009

Eagle most at risk among US-listed rivals | www.glgroup.com

Eagle Bulk is among six listed companies with counterparty risk associated with troubled Korea Line Corporation.  EGLE should be fine.

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.

2009-10 Container Shipping Market Conditions Very Poor

January 20, 2009

Barge Rates Float Upward | www.americanshipper.com

As reported in American Shipper, AXS Alphaliner asserts that 6% of the fleet, equivalent to 750,000 TEU's, is currently idle.  The situation will get worse over the next two years.

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.

Expect Dry Bulk Shipping Rate Recovery During 1Q09, Then Decline By 3Q09

January 5, 2009

Shipping rates expected to stay 'very low' | www.gulfnews.com

Fearnley Fonds, as reported by Bloomberg expects dry bulk shipping rates to be "very low" in 1Q09.  I agree that rates will be very low compared with the record highs seen in the last two years, but I expect significant recovery from the lows seen in 3Q08.

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.

Outlook For Shipbuilding Not Too Good

January 5, 2009

JAPAN SHIP ORDERS COLLAPSE | www.shippingdigest.com

The Shipping Digest reported that new orders for export ships in Japan Shipyards was down 80% yoy in November.  These numbers are a very good proxy for other major shipbuilding nations, such as Korea and China.

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.

Capesize Market Not A Recovery, But A Correction

December 20, 2008

Baltic Capesize Index Surges: A Step Towards Industrial Recovery? | seekingalpha.com

The recent upwards movement in the BCI is more a reflection of the market conditions that have persisted for the last two months and an upwards correction to reflect actual fundamentals.

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.

Maritime Lawyers Looking At An Excellent Market

December 19, 2008

Angelicoussis sues Fortescue for $129m | www.lloydslist.com

The $129M single lawsuit against Fortescue is the tip of the iceberg.  Many of the new entrants drawn into shipping during the bull market are going to get an unpleasant education in the vagaries of maritime law.

Previous Page : 12345678910Next31 to 40 of 384

Leading institutions connect with members of the Energy & Industrials councils through GLG

Most Popular Energy & Industrials News