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earlybird14 Supreme	09-Jun-2014 10:28        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	P3, total shipping volume are 40% of the market. Order book of new vessels keep growing. G6 can' t do anything on the 3 giants. The more profit the P3 can bring in, the more vessels they are going to order. Lucky03      ( Date: 08-Jun-2014 23:12) Posted: WORLD SHIPPING Maersk the Big Winner as Giant Shipping Alliance Approaches Liftoff Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Saturday, 07.Jun.2014, 19:02 (GMT) Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Container shipping is just such a case, hence the significance for A.P. Moeller MaerskMAERSK-B.KO +0.07% of regulatory approval for P3, a giant shipping alliance between the Danish group?s Maersk Line unit, France?s CMA CGM, and Swiss-based Mediterranean Shipping Co. Chinese regulators are poised to give the green light to the tie-up between the world?s three biggest container operators this month, according to people familiar with the matter. The alliance got the nod from regulators in the U.S. a few months ago while the Europe regulator said it had no objections Wednesday. P3 is set to start operations this fall, just a few months later than originally expected. Maersk expects to save nearly $1 billion a year from sharing facilities and vessels with its partners on routes between Asia and Europe in combination with the entry into service of its new Triple-E cargo ships, the largest and most efficient ships of their kind which are capable of transporting up to 18,000 containers each. In doing so, the shipping group would entrench its position as the leader in an industry grappling with low freight rates, amid sluggish growth in global trade, as well as high fuel costs. ?Maersk Line?s [operating profit] margin gap versus peers [rose] to 9.1 percentage points in the first quarter 2014, bolstering its ability to produce good returns while competitors break even or remain loss-making,? said Robert Joynson, an analyst at Macquarie in a recent note to clients. The P3 plan has already led to change in the industry. German container shipper Hapag-Lloyd AG and its Chilean peer Compania Sud Americana de Vapores SAVAPORES.SN -0.04% completed their merger to create the world?s fourth-largest container-shipping company in terms of capacity in April, bulking up on America-Europe routes where P3 won?t operate. More change may be on its way. ?You just can?t compete with the capacity and network efficiencies of the P3,? the owner of a small Greek container-shipping firm said, speaking on condition of anonymity. ?You have to buy bigger ships and combine your capacity with someone else to stay in the business, at least in the Europe-Asia trade.? Source: Wall Street Journal Read: 109 Times- Maersk, the Big Winner, Giant Shipping Alliance, -
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Lucky03 Elite	09-Jun-2014 08:08        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	PUBLISHED JUNE 09, 2014 Japan's economy grows 1.6% on-quarter in January-March: revised data PRINT |EMAIL THIS ARTICLE [TOKYO] Japan's economy grew 1.6 per cent in January-March from the previous quarter, government data showed on Monday, revised up from a preliminary 1.5 per cent expansion due to faster growth in capital expenditure. The result compared with a median forecast for a 1.4 per cent expansion in a Reuters poll of economists. The revised figure translated into annualised growth of 6.7 per cent in real, price-adjusted terms, against an initial reading of a 5.9 per cent rise. - Reuters
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Lucky03 Elite	08-Jun-2014 23:12        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WORLD SHIPPING Maersk the Big Winner as Giant Shipping Alliance Approaches Liftoff Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Saturday, 07.Jun.2014, 19:02 (GMT) Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Container shipping is just such a case, hence the significance for A.P. Moeller MaerskMAERSK-B.KO +0.07% of regulatory approval for P3, a giant shipping alliance between the Danish group?s Maersk Line unit, France?s CMA CGM, and Swiss-based Mediterranean Shipping Co. Chinese regulators are poised to give the green light to the tie-up between the world?s three biggest container operators this month, according to people familiar with the matter. The alliance got the nod from regulators in the U.S. a few months ago while the Europe regulator said it had no objections Wednesday. P3 is set to start operations this fall, just a few months later than originally expected. Maersk expects to save nearly $1 billion a year from sharing facilities and vessels with its partners on routes between Asia and Europe in combination with the entry into service of its new Triple-E cargo ships, the largest and most efficient ships of their kind which are capable of transporting up to 18,000 containers each. In doing so, the shipping group would entrench its position as the leader in an industry grappling with low freight rates, amid sluggish growth in global trade, as well as high fuel costs. ?Maersk Line?s [operating profit] margin gap versus peers [rose] to 9.1 percentage points in the first quarter 2014, bolstering its ability to produce good returns while competitors break even or remain loss-making,? said Robert Joynson, an analyst at Macquarie in a recent note to clients. The P3 plan has already led to change in the industry. German container shipper Hapag-Lloyd AG and its Chilean peer Compania Sud Americana de Vapores SAVAPORES.SN -0.04% completed their merger to create the world?s fourth-largest container-shipping company in terms of capacity in April, bulking up on America-Europe routes where P3 won?t operate. More change may be on its way. ?You just can?t compete with the capacity and network efficiencies of the P3,? the owner of a small Greek container-shipping firm said, speaking on condition of anonymity. ?You have to buy bigger ships and combine your capacity with someone else to stay in the business, at least in the Europe-Asia trade.? Source: Wall Street Journal Read: 109 Times- Maersk, the Big Winner, Giant Shipping Alliance, -
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spore1 Supreme	08-Jun-2014 22:58        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nol still hover between 96.5 to 99.5 cents. It will need a strong push for it to reverse the trend. http://sporeshare.blog spot.sg/2014/05/nol.html
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Lucky03 Elite	08-Jun-2014 22:26        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	China's May trade surplus up to US$35.92 billion A A+ 08 Jun 2014 12:08 BEIJING: China's trade surplus surged in May, official data showed Sunday, as exports rose while imports showed a surprise fall. Exports increased 7 percent to $195.47 billion year-on-year, the General Administration of Customs announced, while imports declined 1.6 percent to $159.55 billion, resulting in a surplus of $35.92 billion -- a 74.9 percent jump from the year before. The result surpassed the median forecast of a surplus of $23.4 billion in a survey of 15 economists by Dow Jones. Exports, which accelerated from April's gain of 0.9 percent, were in line with the median prediction of a 7.2 percent rise, while imports missed their forecast of a 6.0 percent increase. The latest trade data came as worries over China's growth outlook have increased this year after a series of generally weaker-than-expected statistics, though trade data distortions have partially clouded the situation. China's gross domestic product (GDP) grew 7.4 percent in the first three months of 2014, weaker than the 7.7 percent in October-December last year and the worst since a similar 7.4 percent expansion in the third quarter of 2012.
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stevenk Senior	08-Jun-2014 11:34        stevenk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still in downtrend.
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Lucky03 Elite	08-Jun-2014 08:14        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	China is trying to pump up its slowing economy. ?To revitalize the economy, China needs to adjust the structure of its credit supply, especially when demand from big state-owned enterprises is waning while small private firms have little access to funding,? said Rainy Yuan, a Shanghai-based analyst at Masterlink Securities Corp. Yuan said the CBRC could start counting some interbank deposits in the loan-to-deposit ratio, giving banks room to expand credit and bolster growth in the world?s second-largest economy. Limit Leverage China?s banking law caps a bank?s loans at no more than 75 percent of its deposits to limit leverage. Banks are currently lending about 65 percent of their deposits, and the function of the ratio to prevent credit from overheating will remain unchanged, Wang said at a news briefing in Beijing today. The country will further increase the credit supply to ease financing difficulties for small businesses, make loan approvals more efficient and lower borrowing costs, Wang said. Policy makers will use tools including open-market operations and the required reserve ratio to adjust liquidity and keep the money-market stable, the CBRC said in its statement. Lenders are allowed to increase their tolerance of small-business loans that soured, Yang Liping, a CBRC director in charge of smaller national and city commercial banks, said at the briefing. Yuan Gains Bank shares declined while China?s currency strengthened. Industrial & Commercial Bank of China Ltd., the nation?s largest lender, fell 0.2 percent at the close of trading in Hong Kong, while China Construction Bank Corp. lost 1.4 percent and Bank of China Ltd. slid 2.2 percent. The yuan climbed the most in a week in onshore and offshore trading as the People?s Bank of China raised its reference rate by 0.14 percent to 6.1623 per dollar, the biggest gain since Jan. 10. The CBRC has tightened regulation from wealth management products to trusts and interbank lending since last year to prevent defaults from spurring market turmoil. So-called shadow banking, estimated by Barclays Plc to be worth $6.2 trillion, pushed up companies? borrowing costs and made it harder for the government to curtail debt and rein in soured loans. China?s efforts to deleverage the economy will increase financial risks, and restructuring of industries with too much capacity will cause more nonperforming loans, Wang said. The financial industry?s overall risks are manageable, he added. The CBRC plans to speed up asset-backed securities and bad-loan write-offs to make better use of existing credit, Wang said. Property Bubbles The CBRC will also take measures to rein in bubbles in the nation?s real estate market because reliance of the economy on property and too much credit exposure to the sector could damage the financial system, he said. China?s economy grew 7.4 percent in the first quarter, the least since 2012, and is forecast to expand 7.3 percent this year, the weakest pace since 1990, based on the median estimate in a Bloomberg News survey. The economic slowdown has hurt borrowers? ability to repay debt and driven up banks? bad loans. Nonperforming loans at Chinese lenders increased by the most in the first quarter since 2005 to 646.1 billion yuan ($103 billion) as of March 31, the highest level since September 2008, according to CBRC data. China?s ruling Communist Party is stepping up measures to combat the slowdown. The State Council on April 2 outlined steps including faster railway spending and tax breaks to help the government meet its goal of about 7.5 percent growth. The State Council, which dictates central bank policy, decided to make ?targeted? reserve-requirement-ratio cuts for banks that have lent money to rural borrowers and small companies, according to a May 30 statement on the central government?s website. That followed a reduction for some rural banks in April. To contact Bloomberg News staff for this story: Jun Luo in Shanghai at [email protected] Zhang Dingmin in Beijing at [email protected] To contact the editors responsible for this story: Chitra Somayaji at [email protected] Russell Ward, Darren Boey
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sgng123 Supreme	07-Jun-2014 18:34        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	don need to get over negative or positive over NOL, Like in their guidance in financial report freigth rate facing pressure and high chance it would take at least till 2016 for rate to recover to post recession level. In this case those who got the stomach to hold would win big time, those cannot hold would lose in short do u got what it take to be a long time investors. Like Warren said investing stocks are for the long term period of 5 - 15 years to see returns. IF u are short sighted and want to make money fast, can either go rob the bank/casino or just place big bet on 4D or world cup. So which type of investors are u, investor with deep pocket or poor investor looking for quick buck. Anyway Ship would not sink so please stop spreading unproven rumors in forum, unless u got hard evidence to prove it else keep ur view to your self. Mine stand is currently it is not a good time to punt/short NOL, too little share movement to generate any meanful return in short term. Now is world cup betting period, everyone please refrain from posting fears in forum, would keep forum peace.
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hem2998 Veteran	07-Jun-2014 11:18        hem2998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exclusive: Warburg Pincus, Vestar mull Triton Container IPO - sources By Mike Stone and Greg Roumeliotis NEW YORK | Mon Jun 2, 2014 6:59pm EDT Email Facebook Twitter By Mike Stone and Greg Roumeliotis NEW YORK (Reuters) - Private equity firms Warburg Pincus LLC and Vestar Capital Partners Inc are exploring an initial public offering of Triton Container International Ltd that could value the company at more than $6 billion, including debt, said three people familiar with the matter. The move is the latest sign of recovery in the shipping industry. Ship owners ordered large numbers of vessels between 2007 and 2009, just as the global economy sank into crisis. Prospects have brightened in recent months as world trade picks up and the ship glut is absorbed. Triton, the world's largest container leasing company, has held conversations with investment banks in recent weeks about an IPO in the United States of up to $500 million that could come later this year, the people said on Monday. Triton's private equity owners are also open to exploring an outright sale of the company, one of the people added. The sources asked not to be identified because the conversations are private. Warburg Pincus and Vestar declined to comment, while Triton representatives did not respond to a request for comment. Founded in 1980, Hamilton, Bermuda-based Triton has a roughly 15 percent share of the global leased fleet market and a network of more than 200 independent depots, according to Warburg Pincus' website. Warburg Pincus and Vestar took a controlling stake in Triton in 2011 from the Pritzker family, one of the wealthiest in the United States, in a deal that a source said at the time valued the company at about $3.5 billion, including debt. In April, private equity firm Apollo Global Management LLC's (APO.N) Principal Maritime Tankers Corp, which owns tankers used to transport crude oil and petroleum products, filed for an IPO. Not all such IPOs have gone as planned. Oil products tanker group Diamond S Shipping backed out of an IPO in March, despite the support of leading global investor Wilbur Ross. (Reporting by Mike Stone and Greg Roumeliotis in New York. Editing by Andre Grenon)
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Lucky03 Elite	07-Jun-2014 11:11        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cass: Solid growth in freight volumes, expenditures in May Corianne Egan, Associate Editor | Jun 05, 2014 3:19PM EDT Freight volumes and shipping costs rose yet again in May, according to the Cass Freight Index, the fifth straight month of unprecedented growth in the index. The Cass Freight Expenditures Index and the Cass Shipments Index continued to trend upward in May. Full-size image ?North American freight shipments and expenditures continued to buck the historic trend and increased again in May,? Cass said. ?The first five months of 2014 were the strongest since the end of the great recession.? Following sharp gains in April, both the Cass Freight Expenditures Index and the Cass Shipments Index continued to trend upward. The expenditures index sat at 2.649, 1.1 percent higher than April and 11.2 percent higher than May 2013. Expenditures have grown 6.8 percent since Jan. 1. Spending is 77.0 percent higher than it was in 2009 at the end of the recession, Cass said. The shipments index also showed growth. In May, it was measured at 1.173, 1.0 percent over April and 3.6 percent higher than May 2013. Shipment volumes are now the highest they?ve been since October of 2011, Cass said. Despite some growth in the trucking fleet in 2014, Cass said that capacity is still an issue, and is highlighting the driver shortage the industry is feeling. Cass, a freight payment firm that handles $23 billion in transactions a year, compiles the indices from its client base of hundreds of large shippers. The companies represent many industries, including consumer packaged goods, food, automotive, chemical, OEM, retail and heavy equipment. Annual freight volume per organization ranges from $1 million to more than $1 billion, Cass said. Higher volume and spending is expected in the coming months, Cass said. The company said domestic manufacturing growth will be a factor, and pointed to pick-ups in retail sales, home construction and better weather as indicators that the indices could continue to rise. ?The health of the freight market is a very good indicator of the direction in which the economy is moving,? Cass said. ?All indications point to moderate growth in freight over the next couple of months, which will bode well for the economy in general.? Contact Corianne Egan at [email protected] and follow her on Twitter: @CEgan_JOC.
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Lucky03 Elite	07-Jun-2014 11:07        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Besides cost cutting and expanding new fleets, NOL needs to quickly reinvent itself and enter new growth market segments.
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Lucky03 Elite	07-Jun-2014 11:04        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will NOL gain from such surge in container volume in US ports ? JOC ? Port News ? US Ports Manufacturing rebound sparks rapid growth at US Gulf ports Joseph Bonney, Senior Editor | Jun 06, 2014 11:06AM EDT The numbers look like typos: More than $100 billion in petrochemical manufacturing construction is under way or planned across the U.S., mostly in Texas and Louisiana. That?s billion, with a ?b,? and it?s a conservative tally. The final total could rise much higher. This frenzy of construction is a direct result of the boom in shale oil and gas drilling, which is supercharging the region?s economy and driving expansion and increased volume at U.S. Gulf ports from the Mexican border to the Mississippi River. ?We?ve never seen anything like it,? said John LaRue, executive director of the Port of Corpus Christi, Texas, near the Eagle Ford shale formation in south central Texas. About $20 billion in petrochemical projects are under construction or awaiting final permits in the Corpus Christi area. The story is similar at other ports in the western half of the U.S. Gulf Coast. Some $35 billion in projects have been announced along the Houston Ship Channel. More than $20 billion in projects are planned along the Mississippi River between New Orleans and Baton Rouge. At Lake Charles, Louisiana, Sasol plans to invest $16 billion to $21 billion in a 3,034-acre production complex so large that a compound will be built to house 4,000 construction workers. The plant will turn natural gas into ethylene, an intermediate chemical used in plastics, packaging and other products, and into high-quality diesel and other fuels. Ports are seeing the first wave of increased cargo volume from shale drilling. Corpus Christi in 2008 began handling shipments of sand for hydraulic fracturing to unlock natural gas and oil in the Eagle Ford shale formation. Increased drilling also has generated growth in imports of steel pipe for oil field use. Phase 2 of the shale drilling boom?s impact on ports has seen a rapid rise in coastwise shipments of crude oil. Corpus Christi?s outbound crude oil shipments were negligible until 2011. Now they exceed imports to area refineries. At Beaumont, Texas, unit trains of Colorado crude are being transferred to barges for delivery to area refineries. The port is partnering with Jefferson Transload Railport to develop a transfer terminal where 120 railcars full of crude oil can be drained simultaneously and transferred to barges. The third phase of the shale drilling boom will be an increase in project shipments of components for petrochemical plants being built or expanded to take advantage of cheap natural gas used for fuel or manufacturing feedstock. This phase is just getting under way. Ports anticipate several years of growth in project shipments of pressure vessels, distilling columns, reactors, pumps, compressors and other equipment. When the new or expanded plants hit full production in three or four years, the region?s ports can expect a fourth phase of growth. A large percentage of the plastic resins and other products from the new and expanded plants will be exported, mostly in containers. Houston, which handles two-thirds of the Gulf Coast?s container volume, will benefit from the petrochemical industry?s expansion in its backyard. The port expects containerized exports of petrochemical products to balance growth in imports of consumer goods for the nation?s fourth-largest city and its hinterlands. Other Gulf ports also anticipate growth in containerized exports of petrochemicals. New Orleans is developing warehouse facilities for packaging of chemicals produced at Mississippi River plants upstream. Port Freeport, near Houston, has ordered two post-Panamax cranes to position itself to handle exports from local petrochemical plants along with other cargoes. ?This isn?t concentrated on any one segment,? LaRue said. ?It?s an exciting time. We?re all scrambling to keep up.? In the Corpus Christi area, Austrian steelmaker Voestalpine and Italy?s M&G Chemicals are building plants in the area to take advantage of cheap natural gas. French company LyondellBasell is expanding to increase production of ethylene, an intermediate chemical used to make products such as plastic packaging and polyvinyl chloride pipe. Shale drilling?s biggest impact has been on natural gas supply and prices. During the last five years, the U.S. has been transformed from the world?s highest-cost manufacturing location into a low-cost producer. Petrochemical plants consume large quantities of natural gas for energy and as a manufacturing raw material. For years, high prices made U.S. plants uncompetitive and forced companies to shift production overseas. That changed with the increased use of horizontal drilling and hydraulic fracturing to unlock gas and oil deposits in underground shale. The largest centers of shale drilling include the Barnett formation in north central Texas, the Haynesville formation in east Texas and north Louisiana, the Permian basin in West Texas and the Eagle Ford formation. Industrial prices for natural gas at Gulf Coast plants tumbled from a peak of about $13 per thousand cubic feet in mid-2008 to $3 last year. They?ve since risen to about $4.50 but remain about one-third the prices paid by European producers and one-fourth the prices of Singapore. Methanex Corp., for example, is dismantling two of its methanol plants in Chile and moving them to new plants in Geismar and Gonzales, Louisiana, on the Mississippi River a few miles downstream from Baton Rouge. ?The U.S. is now viewed as the region to locate production,? the American Chemistry Council said in a recent report. U.S. petrochemical investment attributable to shale drilling exceeds $100 billion, the council reported in February. If all proposed announcements of new plants and expansions are completed, U.S. petrochemical expansion will increase 33 percent by 2017, according to a recent report by the Dallas Federal Reserve Bank. More than three-fourths of this investment is concentrated on the Gulf Coast. The region already is home to the largest concentration of petrochemical plants, which tend to cluster in order to share feedstock, byproducts and infrastructure. One such cluster is at Geismar, where BASF opened a new methylamines plant in 2011, began production on a surficants plant this year, and last fall broke ground on a $138 million formic acid complex. And there?s more to come: During the last year, other companies have announced seven other large projects in Ascension Parish, which includes Geismar. Contact Joseph Bonney at [email protected] and follow him on Twitter: @josephbonney.
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Lucky03 Elite	07-Jun-2014 10:59        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will P3 fight for higher and sustainable freight rate for the industry as a whole esp to maintain those GRIs that frequently fail to hold or further erode freight rate with their lower base of operating cost due to their scale ? JOC ? Maritime News ? Container Lines ? P3 Network Shippers urge EU to keep close eye on P3 Mark Szakonyi, Senior Editor | Jun 06, 2014 9:49AM EDT print 0 0 0 New The largest group of ocean container shippers is urging European regulators to keep a close eye on the three carriers involved in the P3 Network to make sure they don?t abuse their ?unprecedented market power.? The trio should give the European Commission reports on service performance on specific port pairs and vessel withdrawals, including short-term cancellations that could disrupt customers? supply chains, so authorities can monitor for anticompetitive behavior, the Global Shippers? Forum said. Maersk Line, Mediterranean Shipping Co. and CMA CGM should also share any joint investment plans that would affect capacity, GSF said. ?If there are any signs of a reduction in service quality or elimination in effective competition between the P3 lines and in the liner market generally, we would expect immediate action by the European Commission against the P3 lines, including the imposition of appropriate sanctions for competition abuses,? GSF Secretary General Chris Welsh said. Shippers? pleas for extensive monitoring of the proposed vessel-sharing agreement comes after the European Commission said earlier this week that it hadn?t found any anticompetitive issues with what would be the largest VSA ever in terms of capacity. European regulators weren?t expected to take issue with the P3 because it?s not considered to be a merger in Europe, but there were lingering concerns that authorities would deem that the alliance ran afoul of competition rules. European regulators can still dissolve the alliance if they determine it violates Article 101 of the Treaty on the Functioning of the EU. The P3 would control 42 percent of Asia-Europe capacity, 24 percent of trans-Pacific capacity and 40 to 42 percent on the trans-Atlantic, according to the U.S. Federal Maritime Commission. The network would initially encompass 252 vessels totaling 2.6 million 20-foot-equivalent units on east-west routes. Since the ships operated by the P3 will be larger on average than ones operated by the other major alliances, including the G6 and CKYHE, the P3 carriers will have a cost advantage over most of the rest of the industry. The GSF said the trio ?must now step up to the plate? and deliver on their promise of better service, including better reliability and on-time delivery, as well as lower rates. GSF, which includes some of the largest shipper groups in the world, has strongly urged U.S. and European regulators to scrutinize the alliance. The P3 in March got the U.S. go-ahead to proceed, although the FMC plans tighter monitoring. China is expected within the next few weeks to announce whether it will allow the P3 on trade lanes serving the country. The P3 carriers announced last month that they would delay the deployment of the VSA until they received full regulatory approval and to avoid disruption that would come from implementing the alliance during the peak holiday shipping season. Contact Mark Szakonyi at [email protected] and follow him on Twitter:@szakonyi_joc. Maritime News?Container Lines?P3 Network
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earlybird14 Supreme	06-Jun-2014 09:17        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	When the industry is in demand and uptrend, all companies in the industry will be benefit and profitable. This principle is simple and  happen all around us. But once the demand is filled and supply are dominated the industry, the competition will benefit the consumers but the suppliers are going to be suffered. Suppliers must be out from the industry, otherwise, the competition will be last till somebody go down. In singapore, it happen in Chartered Semi Con. In japan, it happen on sony and panasonic, in finland, it happen on Nokia, in Canada, it happen on Blackberry. Before that, we never heard about xiao mi, huaiwei, Lenova and etc, but they come in to the market and compete. This is same as APL or NOL. They were used to be one of the market leader. But now, they are no. 8, 2 more year later, they are no.14. Once the rank is dropped out from the list, mean the company is slowly losing the market share and soon will be gone. NOL is moving to this direction. Lucky03      ( Date: 06-Jun-2014 08:47) Posted: Both have valid points. The fact is that there is over supply, the current low freight rate is here to stay and the competition will remain keen. Equally true is that all shipping lines are learning to live with the low freight rate and it can be profitable as proven by some such as Mersk. Cost containment is happening all around. Volume of trade is clearly rising too as most ports are reporting increase in turnover and facing over stretched infrastructure and need to expand and upgrade. The world economy is recovering and ECB has just given a shot to their recovery process and will adopt same QE mechanism. There are many M&A activities and Spore is right at the centre of it and there has been expressed interest citing NOL. NOL has been doing the right things but their results have been disappointing so far. We are investing with our own money and it will be to each of us how we assess the market and bet on the future based on informed decision. Nothing is guarantee for both sides of argument.
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Lucky03 Elite	06-Jun-2014 08:53        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My personal opinion is that NOL will not sink but they can 'disappear' if they are merged or taken private. After more than 3 years of the recent plan to reign in cost aggressively and expand its network and alliances and improve efficiency, it is worth a bet now. Investing is all about balancing risk vs rewards. Lucky03      ( Date: 06-Jun-2014 08:47) Posted: Both have valid points. The fact is that there is over supply, the current low freight rate is here to stay and the competition will remain keen. Equally true is that all shipping lines are learning to live with the low freight rate and it can be profitable as proven by some such as Mersk. Cost containment is happening all around. Volume of trade is clearly rising too as most ports are reporting increase in turnover and facing over stretched infrastructure and need to expand and upgrade. The world economy is recovering and ECB has just given a shot to their recovery process and will adopt same QE mechanism. There are many M&A activities and Spore is right at the centre of it and there has been expressed interest citing NOL. NOL has been doing the right things but their results have been disappointing so far. We are investing with our own money and it will be to each of us how we assess the market and bet on the future based on informed decision. Nothing is guarantee for both sides of argument.
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Lucky03 Elite	06-Jun-2014 08:47        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Both have valid points. The fact is that there is over supply, the current low freight rate is here to stay and the competition will remain keen. Equally true is that all shipping lines are learning to live with the low freight rate and it can be profitable as proven by some such as Mersk. Cost containment is happening all around. Volume of trade is clearly rising too as most ports are reporting increase in turnover and facing over stretched infrastructure and need to expand and upgrade. The world economy is recovering and ECB has just given a shot to their recovery process and will adopt same QE mechanism. There are many M&A activities and Spore is right at the centre of it and there has been expressed interest citing NOL. NOL has been doing the right things but their results have been disappointing so far. We are investing with our own money and it will be to each of us how we assess the market and bet on the future based on informed decision. Nothing is guarantee for both sides of argument.
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famouspinky Supreme	06-Jun-2014 08:44        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	There's time for everything Heero78      ( Date: 06-Jun-2014 08:00) Posted: I dun want to take sides but it is true that NOL is a joke...so much hype created but look at the price. Technically it is a penny stock right now.   Talk so much and keep posting positive news also no use, still chunk up losses....haha earlybird14      ( Date: 06-Jun-2014 07:02) Posted: All your post look great and expert. But the fact is all are not materialize and outdated.  the boom from 2005 to 2008, China GDP was more than 10% every year, BRIC countries all grew fast, European happily spent their pension and American enjoy their property boom. This created a unexpected huge surge in demand of all shipping sectors. Nobody expected it, therefore shipping cost surge to sky high. This will never happen again, don' t dream. What ahead nol will only be break even with small profit or big loss continually.  When you indicated my posts are shortsighted, do you really think about your 2 years posts in nol. Nothing is happen and your dream never come truth. STI is 3300, market is mercy enough and not punish this 3 years losing stock but it doesn' t mean that the day won' t come. your post come from the over optimistic of global economic growth but none of them go into detail to really understand the operation conditions and environments. Nol is out from the competition, it is like sony and Panasonic out from electronic devices or Nokia and Motorola out from mobile phone market. Global market economic growth, demand on electronic devices and mobile phone are growing, but they basically lose in the battle of the market. Nol do the same. The only reason for nol to be here is temasek which you believe that the mother will be behind forever. But don' t pull other in.
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Heero78 Veteran	06-Jun-2014 08:00        Heero78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I dun want to take sides but it is true that NOL is a joke...so much hype created but look at the price. Technically it is a penny stock right now.   Talk so much and keep posting positive news also no use, still chunk up losses....haha earlybird14      ( Date: 06-Jun-2014 07:02) Posted: All your post look great and expert. But the fact is all are not materialize and outdated.  the boom from 2005 to 2008, China GDP was more than 10% every year, BRIC countries all grew fast, European happily spent their pension and American enjoy their property boom. This created a unexpected huge surge in demand of all shipping sectors. Nobody expected it, therefore shipping cost surge to sky high. This will never happen again, don' t dream. What ahead nol will only be break even with small profit or big loss continually.  When you indicated my posts are shortsighted, do you really think about your 2 years posts in nol. Nothing is happen and your dream never come truth. STI is 3300, market is mercy enough and not punish this 3 years losing stock but it doesn' t mean that the day won' t come. your post come from the over optimistic of global economic growth but none of them go into detail to really understand the operation conditions and environments. Nol is out from the competition, it is like sony and Panasonic out from electronic devices or Nokia and Motorola out from mobile phone market. Global market economic growth, demand on electronic devices and mobile phone are growing, but they basically lose in the battle of the market. Nol do the same. The only reason for nol to be here is temasek which you believe that the mother will be behind forever. But don' t pull other in.     sgng123      ( Date: 05-Jun-2014 21:46) Posted: who care about ur post all not up to date and very short sighted. Earlier European central bank ECB had acted and lower interest rate to negative for bank deposit which meant bank had to pay if they deposited their money in central bank. ECB head mentioned in post meeting post that they are preparing for bond like buying similiar to what US FED are doing. European QE coming soon. US FED QE3 boosted price of properties and yield stocks like telecom and banks, guess what european QE would do. Top3 carriers are all European based and soon the Ang Moh money from Europe would come down to Asia to snap up cheap cheap bargain growth stock. Do you even understand the relationship between industrial raw material like iron ore, steel etc which noble is involved in, they are used for making electronic product consumer based stuff which are usually made in China then exported over to the US/Europe, Bulk shipping would benefit and so would container shipping it is a product cycle too bad container shipping is at the tail end of the cycle had to wait a awhile. Global economists and banks all made their prediction that world economies would be recovering this year and next, trade would expand but not explosive. Under capacity issue would lingers but would be even out in 2016, so many dickheads had been predicting the container doomday from 2008 till now and all fail horrible. SHIP STILL STAND AND SHORTIST HEAD WOULD ROLL LOL. YOU ARE THE SHORTIST, STOP DENY EVERYONE IN FORUM AND OWN UP LOL, GO COVER YOUR SHIT HOLE  BEFORE IT BLOW UP IN UR FACE. Irritating for someone to keep spreading fear in forum, might as well bans him for doing it since it mislead and caused unnecessary panic for those investors. Always stay positive and life still go on.
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earlybird14 Supreme	06-Jun-2014 07:02        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	All your post look great and expert. But the fact is all are not materialize and outdated.  the boom from 2005 to 2008, China GDP was more than 10% every year, BRIC countries all grew fast, European happily spent their pension and American enjoy their property boom. This created a unexpected huge surge in demand of all shipping sectors. Nobody expected it, therefore shipping cost surge to sky high. This will never happen again, don' t dream. What ahead nol will only be break even with small profit or big loss continually.  When you indicated my posts are shortsighted, do you really think about your 2 years posts in nol. Nothing is happen and your dream never come truth. STI is 3300, market is mercy enough and not punish this 3 years losing stock but it doesn' t mean that the day won' t come. your post come from the over optimistic of global economic growth but none of them go into detail to really understand the operation conditions and environments. Nol is out from the competition, it is like sony and Panasonic out from electronic devices or Nokia and Motorola out from mobile phone market. Global market economic growth, demand on electronic devices and mobile phone are growing, but they basically lose in the battle of the market. Nol do the same. The only reason for nol to be here is temasek which you believe that the mother will be behind forever. But don' t pull other in.     sgng123      ( Date: 05-Jun-2014 21:46) Posted: who care about ur post all not up to date and very short sighted. Earlier European central bank ECB had acted and lower interest rate to negative for bank deposit which meant bank had to pay if they deposited their money in central bank. ECB head mentioned in post meeting post that they are preparing for bond like buying similiar to what US FED are doing. European QE coming soon. US FED QE3 boosted price of properties and yield stocks like telecom and banks, guess what european QE would do. Top3 carriers are all European based and soon the Ang Moh money from Europe would come down to Asia to snap up cheap cheap bargain growth stock. Do you even understand the relationship between industrial raw material like iron ore, steel etc which noble is involved in, they are used for making electronic product consumer based stuff which are usually made in China then exported over to the US/Europe, Bulk shipping would benefit and so would container shipping it is a product cycle too bad container shipping is at the tail end of the cycle had to wait a awhile. Global economists and banks all made their prediction that world economies would be recovering this year and next, trade would expand but not explosive. Under capacity issue would lingers but would be even out in 2016, so many dickheads had been predicting the container doomday from 2008 till now and all fail horrible. SHIP STILL STAND AND SHORTIST HEAD WOULD ROLL LOL. YOU ARE THE SHORTIST, STOP DENY EVERYONE IN FORUM AND OWN UP LOL, GO COVER YOUR SHIT HOLE  BEFORE IT BLOW UP IN UR FACE. Irritating for someone to keep spreading fear in forum, might as well bans him for doing it since it mislead and caused unnecessary panic for those investors. Always stay positive and life still go on. earlybird14      ( Date: 05-Jun-2014 16:28) Posted: wrong post in long thread. http://www1.chineseshipping.com.cn/en/indices/scfi.jsp This is the fact which tell everything if container shipping market recovery. Anwer is no, overcapacity can fill up all the expected recovery. Furthermore, raw material recovery will boost bulk carrier instead of container shipping.
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Lucky03 Elite	06-Jun-2014 00:38        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WORLD SHIPPING European Commission competition cops won't block P3 and G6 alliances THE European Commission competition authorities have informed members of the P3 and G6 mega alliances that they will not challenge their operations in Europe for the time being. Wednesday, 04.Jun.2014, 20:29 (GMT) European Commission competition cops won't block P3 and G6 alliances THE European Commission competition authorities have informed members of the P3 and G6 mega alliances that they will not challenge their operations in Europe for the time being. "At this stage, the commission does not intend to open proceedings in relation to P3 or G6," said Antoine Colombani, commission spokesman for competition policy, according to Reuters. Marseilles-based CMA CGM also said that the commission had informed it along with fellow P3 members Maersk and the Mediterranean Shipping Co (MSC) that it will not open proceedings in connection with plans to create the network. But Mr Colombani also told Reuters that the commission will "follow P3 to ensure it remains in compliance with EU competition law". It is understood that the rival G6 alliance composed of APL, Hapag-Lloyd, Hyundai, MOL, NYK and OOCL has received similar undertakings and cautions. Said a CMA CGM statement: "P3 partners are pleased. The partners will continue their close cooperation with competition and maritime authorities among others in China and South Korea to explain the nature of P3." Last June, Maersk, MSC and CMA CGM, announced their intention to establish a long-term operational vessel sharing agreement on the east-west trades, called the P3 Network. The overall aim with P3 is to make container liner shipping more efficient and improve service quality for the shippers with more frequent and reliable services. P3, like rival G6 and the CKYHE vessel-sharing agreements, are operational and not a commercial alliances. An independent vessel operating centre will operate vessels independently. Alliance partners will remain competitors with fully independent sales, marketing and customer service functions and pricing policies.
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