Clarkson Share Discussion Threads

[support999] 19/8/2005 11:52

There have been bid rumours before with this stock. Has has run up from 810 earlier this week but was at 830 previous week. Have noticed that there were larger than normal buy orders on sets MM all this week.

[support999] 19/8/2005 11:48

have been in this one from 790. Great move up today.

[rivaldo] 19/8/2005 11:43

Spread's down to a respectable 10p now. IMO it's just pre-results buying as H1 results should have been storming. But maybe bid speculation is rearing its head again?

[cambium] 19/8/2005 11:35

whats up guys?

[james111] 19/8/2005 11:13

Charts looking good, in run up.
Spread is silly obviously making anyone who wants in pay. lets hope the bid rises to close the gap and not the offer drop.
Regards James.

[andrbea] 19/8/2005 10:18

"Boom or bust at sea" (covers the rise and fall of the BDI)

[philo124] 19/8/2005 09:16

There has been a bid in the Shipping sector.
Philo

[andrbea] 19/8/2005 08:53

U-turns in Dry Bulk market

Barry newsletter dd 16.8.05

Consolidation is the name of the game... Especially in China, where consolidation in steel producing has taken another major step when second largest Chinese producer Angang took over fifth largest Bengang, to create one of the largest steel producers in the world. The new production could reach a volume of 30 mln tons per year, surpassing the output of 20 mln tons of Chinese leader Baosteel. On the mining side, Xstrata bought 19.9% of the Falconbridge shares, possibly triggering further consolidations, as Xstrata did not rule out further acquisitions. The summer holiday period does not seem to be disturbing major deals. This is currently being underlined by the fact that all indices are slowly rebounding since the first week of August and for the moment the trend is still upwards.

As expected, last week saw the Capesize market continuing to rise in both basins. In spite of incertitude concerning the price evolution of raw materials, production targets



are expected to be met. Last week, the winner remained the Tub/Rot with an increase of 35%. Only the Dampier/Japan remained steady. Simultaneously, increasing bunker costs made charterers more cautious and aware when it comes to repositioning. As a matter of fact, on a Pto Bolivar/Rot trade, bunkers represented 10% of total cost a year ago vs. 27% today. Nevertheless, the Cape market should maintain the same trend this week.

In the midst of an increasing interest for short term period charters, a clear rebound was witnessed last week on the Panamax market. However, it is unclear how long the party will last. The 76% increase for Rbay/Rot seems a bit unrealistic or at least seasonal as it is mainly explained by an early winter stock-up in Northern Europe, pushing the Atlantic up while there are more vessels positioned in the Pacific. The question clearly remains whether the bottom has been reached or we are looking at a short term rebound



nurtured by positive sentiments. However, the week has not started the usual way with yesterday's widespread holidays leading to virtually no trading. The current market is owner-driven with charterers trying to keep the rates low. Today should tell us more about the upcoming trend, expected to see a softening in growth.

The Handy market took a U-turn and firmed up in all markets. Trips East were particularly affected with rates improving to nearly US$20,000 for Tess 45. South Atlantic came to a standstill with quite a few ballasters holding up their rates and charterers not moving. The Far East showed more activity and August positions are being quickly covered, although rates are still slow to improve. India is improving slightly with more iron ore exports. Tess 52 types are getting US$16/17,000. There was renewed interest for short period and one can clearly feel a more optimistic mood among ship owners.

[rivaldo] 19/8/2005 08:40

Nice bit of pre-results buying - 9,500 shares bought at 830p.

[rivaldo] 19/8/2005 07:56

Strelna, try this for the BDI:


I don't have a chart showing correlation, but no doubt someone with some techie skills could manage one!

Anyway, although there is a relationship between CKN and freight rates, it's CKN's new-found diversification which provides a fallback in the event of falling rates and a base at times of rising rates - witness the £2.5m profit on a ship sale in H1 which should mean the upcoming results will be just fine and dandy at worst....

[yogi] 18/8/2005 18:53

BDI up a further 86 today.

[strelna] 18/8/2005 15:08

Also, is there a chart showing the correlation, if any, between CKN and the BDI?

[strelna] 18/8/2005 15:05

I would be very grateful if you would tell me where the Baltic Dry Index is published and if possible, a brief description of how to interpret it, eg in historical terms.

[rivaldo] 18/8/2005 07:53

BDI up once more, 71 to 2,286...

[andrbea] 17/8/2005 12:27

HONG KONG (Dow Jones)--Container shipping traffic through Hong Kong in July rose 2.9% from the same month last year, the government said, down from the 4.6% rise in June.

During the month, a total of 1.9 million 20-foot equivalent units, or TEUs, passed through the world's busiest port, according to preliminary estimates from the city's Port Development Council.

Throughput at the nine Kwai Chung container terminals, which handle the bulk of Hong Kong's container traffic, rose 7.2% to 1.3 million TEUs."

[rivaldo] 17/8/2005 09:00

BDI up again to 2,215, up 46.

[andrbea] 17/8/2005 08:28

Gulf tanker rates to jump on rising demand for ships
Published: Tuesday, 16 August, 2005, 12:54 PM Doha Time

By Saijel Kishan
LONDON: The cost of shipping oil from the Middle East on 2mn-barrel oil tankers may rise for the first week in three as the Gulf producers begin releasing details of September exports, spurring demand for vessels ..

[rivaldo] 16/8/2005 08:10

And up yesterday, 44 to 2,169.

[rivaldo] 14/8/2005 19:02

BDI up again on Friday, 81 to 2,125.

[yogi] 11/8/2005 23:02

BDI moving back up nicely - up 85 to 2044 today.

[james111] 11/8/2005 20:47

Angora/ spob where are the boys on t's even I was thinking of taking a few!
Incidentley you can roll a T thus taking it to a 40, it costs but can be done regards james.