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Lucky03 Elite	10-Dec-2013 22:54        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	«Business Hapag-Lloyd CEO eyes growth through shipping consolidation Mon Dec 9, 2013 12:30pm IST HAMBURG, Dec 9 (Reuters) - German shipping company Hapag-Lloyd's merger talks with Chile's Vapores may herald further deals with other peers, its chief executive said, as the group strives to catch up with the industry's top three players. "The aim should be to create something bigger by merging several companies," Michael Behrendt told Reuters. "It is my goal that we can catch up with the top three. I may not be able to achieve this during my time, but perhaps make a step in that direction," he added. Hapag-Lloyd, the world's No.5 container shipping company by capacity, last week said it was in talks to merge with smaller Chilean shipper Compania Sud Americana de Vapores, adding that no agreement had yet been reached. Shipping groups have been struggling through the worst slump on record, with the weak global economy, oversupply of vessels and low freight rates highlighting the benefits of consolidation in the sector. It is not the first time Hapag-Lloyd, burdened by 2.35 billion euros ($3.22 billion) of net debt and a nine-month net loss of 56 million euros, has sought expansion through large mergers, though deals have proved elusive. Last year it held talks with German peer Hamburg-Sued over a deal that would have created the world's No.4 player behind Maersk Line, part of Danish conglomerate A.P. Moller-Maersk , Switzerland's Mediterranean Shipping Company and France's CMA CGM, but the parties were unable to agree terms. Six years ago a potential merger with Singapore's Neptune Orient Lines fell through after wrangling over who would own the majority stake. Behrendt also said that Hapag-Lloyd, in which German travel and tourism group TUI AG owns a 22 percent stake, is ready to launch an initial public offering (IPO) when market conditions improve. TUI's Chief Executive Friedrich Joussen in September said the group would offload its Hapag-Lloyd stake via an IPO as soon as market conditions allowed, adding that such a step is unlikely before autumn 2014. The city of Hamburg holds 36.9 percent of Hapag-Lloyd, while Klaus Michael Kuehne, who also controls Swiss logistics group Kuehne & Nagel, owns 28.2 percent. ($1 = 0.7308 euros) (Reporting by Jan Schwartz Writing by Christoph Steitz Editing by David Goodman)
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ascend88 Master	10-Dec-2013 22:42        ascend88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Baltic Dry Index (BDI) +54 2237 ascend88      ( Date: 06-Dec-2013 22:25) Posted: Baltic Dry Index (BDI) +31 2176 ascend88      ( Date: 05-Dec-2013 21:44) Posted: Baltic Dry Index (BDI) +151 2145
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sgng123 Supreme	10-Dec-2013 15:05        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	lot of uncertainties in last 2 years causing consumers to hold back, come 2014 and if us budget and fed tapering can be settled by this year. bountiful year await.
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Solidsnake Member	10-Dec-2013 11:09        Solidsnake About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking good! Go go go!
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Lucky03 Elite	09-Dec-2013 22:22        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Give this stock till early next year to see major move up. PUBLISHED DECEMBER 09, 2013 Growth strengthening in most advanced countries: OECD Growth is strengthening in most advanced economies, with tentative signs of momentum gathering in key emerging markets, the OECD said on Monday - PHOTO: AFP [PARIS] Growth is strengthening in most advanced economies, with tentative signs of momentum gathering in key emerging markets, the OECD said on Monday. The OECD index of composite leading indicators (CLI) showed that growth conditions were holding at above trend in Japan as they continued to improve in the US and Britain. Inside the eurozone, the CLIs show growth strengthening in Germany with a switch to positive momentum holding in France and Italy and widenening to the currency bloc as a whole. Among the major emerging markets, the CLIs showed growth on par with trend in Brazil and a tentative return to positive momentum in China, Russia and India.
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sgng123 Supreme	09-Dec-2013 16:39        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore stock market suck for now due to it being seen as safe haven for money to be parked. Now investors either cashing out or waiting for real economy growth to be seen before action is taken. Export oriented stocks would be in focus if US economy expanded strongly in 2014 but it is all handoff till 2q 2014 for evidence of demand recovery
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pnuklis Master	09-Dec-2013 13:18        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	no need to wait, just dump this stock and move on.
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Lucky03 Elite	09-Dec-2013 11:59        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That will have to wait for the new year since they are probably on holiday now ! sgng123      ( Date: 09-Dec-2013 11:53) Posted: wait for European fund manager they the one moving shipping stocks.
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sgng123 Supreme	09-Dec-2013 11:53        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	wait for European fund manager they the one moving shipping stocks.
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Lucky03 Elite	09-Dec-2013 08:33        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Many positive news for NOL and expecting it to move soon.
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Lucky03 Elite	08-Dec-2013 21:41        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	China Exports Rise More Than Estimated to Four-Year High By Bloomberg News December 08, 2013 2:02 AM EST 2 Comments Facebook Twitter LinkedIn Save China?s exports rose more than estimated in November, pushing the trade surplus to the highest in more than four years in a sign global demand is helping sustain a recovery in the world?s second-biggest economy. Outbound shipments rose 12.7 percent from a year earlier, the General Administration of Customs said today in Beijing. That exceeded estimates from 41 of 42 analysts surveyed by Bloomberg News. The trade surplus of $33.8 billion was the biggest since January 2009, while imports gained 5.3 percent, compared with a median projection of 7 percent. The export figures reflect pickups in shipments to the U.S., Europe and South Korea, according to customs data. Stronger demand from abroad may give Premier Li Keqiang more room to implement reforms to increase the role of markets in the economy while helping meet the 7.2 percent annual growth pace he says is needed to ensure stable employment. ?There are signs that the global activity and trade cycle is gaining momentum, driven by the recovery in high-income countries,? Louis Kuijs, chief China economist at Royal Bank of Scotland Group Plc in Hong Kong, who previously worked at the World Bank, said in a note. ?China?s exporters are benefiting from that.? Imports show ?solid expansion of China?s domestic demand,? with prices declining from a year earlier, Kuijs said. Analysts? estimates for export gains ranged from 2.1 percent to 13.2 percent, with a median projection of 7 percent. The median estimate for the trade surplus was $21.2 billion. Stocks Gain The Shanghai Composite Index (SHCOMP) rose 0.7 percent last week for a fourth straight gain after the Communist Party?s Nov. 9-12 summit in Beijing, where leaders agreed on the broadest policy shifts since the 1990s. The yuan strengthened to 6.0817 per dollar. Overseas shipments rose 5.8 percent from October on a seasonally adjusted basis, compared with a 3.8 percent decline in the previous month, customs data showed today. Exports to the U.S. advanced 17.7 percent in November from a year earlier, the fastest pace since May 2012, while shipments to the European Union were up 18.4 percent, the most in more than two years, based on data compiled by Bloomberg. China?s foreign-exchange regulator said yesterday that it will increase scrutiny of trade financing and that banks should prevent companies from getting financing based on fabricated trade. The measures are aimed at preventing abnormal foreign-exchange flows, the State Administration of Foreign Exchange said in a statement posted on its website yesterday and dated Dec. 6. May Crackdown The latest statement follows a crackdown that began in May after trade data were inflated for several months on fake invoicing used to disguise capital inflows. Similar practices may be happening again, adding upward pressure on the yuan and complicating the central bank?s liquidity-management efforts, said Chang Jian, China economist at Barclays Plc in Hong Kong. Year-over-year growth figures in exports overstate gains by about 1 to 2 percentage points because of last year?s over-invoicing, RBS?s Kuijs said. Steve Wang, chief China economist in Hong Kong at Reorient Financial Markets Ltd., said today?s data don?t suggest the figures are inflated because the gains didn?t come in categories that previously correlated with suspicious practices. Export Orders It remains to be seen if the overseas momentum will continue, with a previous purchasing managers? survey showing new export orders are ?not as strong as what people had hoped,? Wang said. Economic growth may cool to 7.6 percent this quarter following a rebound in the previous period from a two-quarter slowdown, based on a Bloomberg survey last month. Today?s data also showed that China, the world?s largest buyer of iron ore, increased imports of the steel-making ingredient to a record in November as traders replenished stockpiles. ?Robust imports of major commodities are in line with the consistently strong industrial production growth data points,? Wang said. The trade figures kick off a series of November data releases, with the statistics bureau set to report tomorrow on inflation and the following day on industrial production and retail sales, along with fixed-asset investment for the first 11 months of the year. Figures on new yuan loans, aggregate financing and money supply are due from the central bank over the coming week. Previously released surveys of purchasing managers showed this month that service-industry expansion cooled in November, while an official gauge of manufacturing was unchanged from October and a separate one from HSBC Holdings Plc and Markit Economics fell. To contact Bloomberg News staff for this story: Scott Lanman in Beijing at [email protected] To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@blo
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sgng123 Supreme	07-Dec-2013 13:02        sgng123 About Contact  Quote this Post!
x 1   x 0  Alert Admin	look at economy data more accurate forward guidance
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Lucky03 Elite	07-Dec-2013 01:24        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Which one should we be looking at ? Transpacific Rate or Baltic Dry Index ? Drewry's Eastbound Trans-Pacific Rate Drops Again JOC Staff | Dec 05, 2013 10:44AM EST The Drewry benchmark rate for shipping from Hong Kong to Los Angeles eroded further this week, holding on to only $50 of the $250 per 40-foot-equivalent unit increase it achieved mid-November. ascend88      ( Date: 06-Dec-2013 22:25) Posted: Baltic Dry Index (BDI) +31 2176 ascend88      ( Date: 05-Dec-2013 21:44) Posted: Baltic Dry Index (BDI) +151 2145
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ascend88 Master	06-Dec-2013 22:25        ascend88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Baltic Dry Index (BDI) +31 2176 ascend88      ( Date: 05-Dec-2013 21:44) Posted: Baltic Dry Index (BDI) +151 2145
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sgng123 Supreme	06-Dec-2013 15:07        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Every thing pointed to a improved global economy recovery for US in 2014. US 3Q revised upward from 2.8% to 3.6% even bested Singapore GDP when they had government shutdown crap and add. BDI now at 2150 if it continue to move north and hit 3000+ then prepared for demand recovering in 2014. If tonite US job report give a very good number and might see upward movement for ship not to forget next year 2Q NOL had completed fleet renewal program and 5-8% further cut in operating expense.
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Rosesyrup Master	06-Dec-2013 14:05        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	LOL $1 to $1.10 to $1.20 very big differences leh. Can share your TP? flyfox      ( Date: 06-Dec-2013 14:03) Posted: I am trying to catch this at $1.00...still patiently waiting..   ok lah $1.10-$1.20 also fine haha
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flyfox Member	06-Dec-2013 14:03        flyfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am trying to catch this at $1.00...still patiently waiting..   ok lah $1.10-$1.20 also fine haha
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Lucky03 Elite	06-Dec-2013 00:52        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ECB holds rate at 0.25% amid fragile eurozone recovery [FRANKFURT] The European Central Bank held its key interest rate at a record low of 0.25 per cent on Thursday, while raising its forecast for the eurozone's gradual recovery despite prolonged low inflation. Like central banks in the United States, Japan and elsewhere, the ECB has used super-low rates and injected liquidity into the financial system to encourage lending and thereby boost investment and consumer spending. ECB President Mario Draghi said the cheap money would keep flowing, reiterating that he expected "key rates to remain at present or lower levels for an extended period of time". "Our monetary policy stance will remain accommodative for as long as necessary, and will thereby continue to assist the gradual economic recovery in the euro area," he said.
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Lucky03 Elite	06-Dec-2013 00:20        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just read the Dec Corporate Guide from UOBKH and it recommends BUY for NOL.
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ascend88 Master	05-Dec-2013 21:44        ascend88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Baltic Dry Index (BDI) +151 2145
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