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Author: wittgenstein Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3194  
Subject: Newbuilding Status Date: 7/27/2013 4:32 PM
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Any opinions out there about this continuing pace of new supply?

Seems like a whole bunch to me, though MP Seatrade hasn't released their opinions on which sectors are going to face the worst pricing. Should be out soon.


jz
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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2867 of 3194
Subject: Re: Newbuilding Status Date: 7/27/2013 5:35 PM
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Any opinions out there about this continuing pace of new supply?

Which sub-sector in shipping?

FWIW, I mentioned elsewhere the Golar worked out a financial package that covers 8 of 13 newbuild
LNG vessels. No indication from the press release that GLNG had to fix some of the vessels as a
condition of the financing.

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Author: wittgenstein Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2868 of 3194
Subject: Re: Newbuilding Status Date: 7/27/2013 8:27 PM
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Press release was less than helpful. (I'm waiting for news from Sloane Square. With the reorg it may be a while, which is not of concern as I have no GLNG position. Market factors don't hold appeal.)

jz

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