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NM gets a big lump sum payment, but their risk profile does
increase pretty significantly.

How does that raise their risk profile?

I could barely understand anything that Angeliki Frangou said on the conference call. I had the volume all the way up. It just sounded kinda garbled. Good thing they had a pdf presentation to follow.

I couldn't identify any red flags. Did you?
I won't really be worried about to much until I see that large debt maturity in 2017 get closer. Things seem to be progressing in a positve manner. Now if that BDI would rise some more...

Still long NM at 4% of my personal port.

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