| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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ascend88
Master |
07-Jan-2014 23:12
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Recovery
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Lucky03
Elite |
07-Jan-2014 22:17
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Should resume recovery after the brief correction.
PUBLISHED JANUARY 07, 2014 S'pore port's container throughput hit high in 2013 BY MALMINDERJIT SINGH PRINT |EMAIL THIS ARTICLE DESPITE another sluggish year for the shipping sector, advance estimates show that Singapore's container throughput last year grew 2.9 per cent to reach a record high of 32.6 million TEUs for the year, Minister for Transport Lui Tuck Yew disclosed on Tuesday. This growth was, however, insufficient for Singapore to reclaim the "world's busiest container port" title from China's Shanghai port, which has bumped Singapore off pole position since 2010. Official data released on Friday indicated that the port of Shanghai managed a total container throughput of 33.6 million TEUs last year, up 3.4 per cent from the previous year. But Singapore is still ranked among the busiest ports in the world by vessel arrival tonnage. This hit 2.33 billion gross tons (GT) last year, up 3.2 per cent from 2012, said Mr Lui at a reception hosted by the Singapore Maritime Foundation (SMF) on Tuesday. |
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sgng123
Supreme |
04-Jan-2014 18:50
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There might be a window of trading next week due to HSBC China flash reading in Jan might surprise on the upside due to CNY closure. Production might ramp up in china to make up for 2 weeks of CNY holiday end jan to mid feb. Llord news reported there is capacity crutch in asia - Europe cargo explain why SCFI surge, might wait to see if trend sustain and if major carriers decided to pull off another 2009 capacity withdrawn trick to boost profit in 2014. BDI moving south and had already double in value compared to last year, hope SCFI catch up and go up by 50% lol. Just take note next week US Job number might give a hint on Q413 GDP and the planned GRI on both US/Europe in 15 Jan 14. Gong Xi Fa Cai everyone |
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Lucky03
Elite |
04-Jan-2014 01:15
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Why short when I'm queuing to buy from 1.09 to 1.045 ?
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PANGCHENSHIN
Member |
03-Jan-2014 21:44
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is it you are the one who short? why not say will go down until $1, more easy to count!!!!!
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Lucky03
Elite |
03-Jan-2014 20:14
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Q progressively to 1.045.
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New123
Supreme |
03-Jan-2014 20:07
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going down to test $1.05.
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pseudo
Member |
03-Jan-2014 20:01
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https://joc.com/maritime-news/international-freight-shipping/ocean-carrier-rate-revision-roundup-dec-31_20131231.html
Scfi is weekly index. As per past gri pattern it reflects oncoming week. See for yourself whose gri it is... organic growth wont come until demand wins supply. |
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Lucky03
Elite |
03-Jan-2014 18:36
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Certainly good sign. Started collecting again. Will collect more if it drops more.
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sgng123
Supreme |
03-Jan-2014 17:19
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SCFI jump 60+ to 1170+ for no reason, the proposed GRI for transpacific and Europe is stated for 15 Jan 14. Might be a good sign thing are looking up for shipping due to reduced rate war between carriers. There a puzzle in shipping last year when load factor was at healthy 90+% on both transpacific and Europe but freight rate still stuck in low rate zone . Guess finally carriers started to realise they need to stop dumb rate war to boost revenue in next contract renewal in May 2014. |
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sgng123
Supreme |
03-Jan-2014 14:19
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profit taking by traders after a few days of rises. Current theme is trade on economic data like PMI,GDP, US job number etc. Buy on rumour and Sell on news. This would continue till a clearer picture of ship profit prospect due to fleet renewal program. | ||||
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halleluyah
Supreme |
02-Jan-2014 20:07
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Results will b out 19 Feb
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sgng123
Supreme |
02-Jan-2014 20:04
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Flash PMI for china in Jan would show a spike due to CNY closure end jan. Prepare to trade on PMI news and on Feb US 4Q GDP would be out, if break 3% another trade opportunity. Ship 4Q result out in early Feb but it is a no event issue breakeven result expected. 1Q14 might be better due to retiring chartered and more cost saving. Basically lot of trading opportunities in 1H 14, 2H would depend on BB push. |
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halleluyah
Supreme |
02-Jan-2014 17:31
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out on tues....waiting fr the ship to sink further...china pmi slowing | ||||
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New123
Supreme |
02-Jan-2014 15:09
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Ok. Best of Luck to you!
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Lucky03
Elite |
02-Jan-2014 14:41
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Yep. Thanks :) I exited from 1.085 - 1.135. Hope to have a chance to re-enter after the pause below 1.09 again.
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New123
Supreme |
02-Jan-2014 14:30
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ok.hope it is useful!
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Lucky03
Elite |
02-Jan-2014 13:50
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The blog was quite timely on the likelihood of retracement.
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New123
Supreme |
02-Jan-2014 08:26
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update for NOL http://sporeonlines.blogspot.sg/2014/01/nol.html | ||||
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Lucky03
Elite |
01-Jan-2014 20:55
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Fairly confident of NOL turning around this year. However, it will not be a straight line but punctuated by corrections along the way. Will have to execute some trading along the way for better return.
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