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URL:  http://boards.fool.com/for-hp-nu-vessels-30603087.aspx

Subject:  For HP: nu vessels Date:  3/22/2013  10:51 PM
Author:  Hohum777 Number:  14000 of 21135

Assuming HockeyPop still holds his Knightsbridge Tankers (VLCCF) shares, a Press release with
two news items.
1. Placed an order for two Capesize vessels
2. Sold the last of its five tanker vessels

http://www.knightsbridgetankers.com/IR/press_releases/168664...

The second item had been making the shipping broker reports about a month ago. This makes the
news official. So VLCCF has now exited the tanker sector and is only a dry bulk shipper.
No cost figures provided, but my guess is $45M - $57M per vessel. The yard selection is slightly
odd, a Japanese shipyard. OTOH, the company might have gotten a good deal, and the Japanese
yards are known for their quality.
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