Ocean Wilsons (holdings)... Share Discussion Threads

[piedro] 24/8/2011 11:11

flyfisher,
Thank you for your comment.
Quite correct regarding the NAV - the investment portfolio
is holding that back.

[flyfisher] 23/8/2011 17:02

piedro , after reading the wilson sons interims and observing a decline in Q2 margins the results were behind my expectations and with the discount to nav having narrowed , thought it best to take profits .
i like the sector and region of operation and will observe for a while.
good luck

[piedro] 23/8/2011 14:41

Looks like you have all abandoned the bb ...

Don't see why - lots of exciting things going on
with Wilson Sons - $1.8b expansion program underway.

Brazil as China - no use crying over the problems of
Europe/USA - there's plenty of work to be done - mouths
to feed, cities to build AND those 6mboepd from offshore
by 2020.

[piedro] 12/8/2011 10:40

WILSON SONS ANNOUNCES SCHEDULE OF EARNINGS ACTIVITIES FOR 2Q11 RESULTS
Wilson Sons Limited, that through its subsidiaries, is one of Brazil's largest providers of integrated port and maritime logistics and supply chain solutions, announces its schedule of earnings activities for 2Q11 results.
2Q11 Earnings Results
Release date
August 12, 2011 (Friday) - after the close of trading on the BM&FBovespa
Information will be available at Wilson, Sons´ Investor Relations website at: www.wilsonsons.com.br/ir

[piedro] 08/8/2011 15:19

Tug Boat Market Report
– February 2011
... In order to ensure the excellence of its team, Wilson, Sons invested R$ 2 million in the acquisition of a tugboat operations simulator. Inaugurated in September, the equipment will help expanding the capacities of the 120 captains of the company in maneuvers that they are not used to carrying out. Wilson, Sons is the first Brazilian shipping company to use that technology. The new simulator will provide more efficiency of the professionals. "Our purpose is to virtually create a high degree of difficulty as making mistakes is only allowed in the simulator", says director of Wilson, Sons Rebocadores, Sergio Guedes. A week of training in the simulator is approx. equivalent to one year on board. There is also the possibility to simulate the handling of any kind of vessel with an azimuthing drive in the fleet of Wilson, Sons. The equipment reproduces extreme situations that cannot be simulated in the ocean, such as adverse wind conditions, loss of the engine and cable breaking. Before the acquisition, such more specific training was given by specialists coming from abroad.

[piedro] 08/8/2011 11:18

PRESS RELEASE
Rio de Janeiro, August 5th, 2011
Wilson, Sons announces the acquisition of azimuth tugboats
Wilson Sons Limited ("Wilson, Sons" or the "Company") announces that it has, through its wholly-owned subsidiary Saveiros, Camuyrano Serviços Marítimos S.A., acquired three tugboats from Navemar Transportes e Comércio Marítimo Ltda. for consideration of nineteen million Brazilian Reais (R$19 million), assuming a total debt of seventeen million Brazilian Reais (R$17 million) with BNDES.
The tugboats, equipped with azimuth thrusters, are Brazilian built and are being financed through the Banco Nacional de Desenvolvimento Social e Econômico (BNDES), as agent for the Fundo da Marinha Mercante (Merchant Marine Fund - FMM).

Curious ....
- from the Navemar website ... they only have 3 tugboats - Navemar 1, Paraguaçu and Cabrito

[piedro] 04/8/2011 11:10

Smit Internationale N.V. (Smit) merged with Royal Boskalis Westminster nv in
2010
Their tugboats, (Tora, Tupi and Tuxa), can be seen berthed at the quay next to Wilson Sons Guarujá Shipyard

[piedro] 04/8/2011 09:35

Competition ...

[mangal] 21/7/2011 15:53

Strong buy now according to :

[mangal] 20/7/2011 19:09

thanks marknicho.
According to barchart.com, couple of resistances to cross; another 10-15p and we will be away !

[marknicho] 20/7/2011 18:15

mangal - on tonights closing price, just about I think but not on the intraday high. Nice volume though so I guess we'll see what tommorrow brings.

[mangal] 20/7/2011 16:44

The graph looks interesting; is this the highest this has been?

[marknicho] 20/7/2011 12:08

Piedro - I understand where you're coming from and I have traded in and out here over the last couple of years but have generally held for 9-12 month stints. I still think it's cheap and judging by some of the trades going through today - so does someone else! Personally I'll wait for the chart to tell me to take some profit or for the story to change but at the moment I'm holding. I recently did some research on shares over the last 10 years where companies have paid a progressive dividend. Combined with share price growth over that period, OCN came top. NAI etc.

[piedro] 20/7/2011 11:23

Thank you for your thanks.
Now I have a problem.

I have been advised to sell out.
The reason given being the strong
Brazilian Real and inflation
eating the profits.

What do you think?

[marknicho] 19/7/2011 17:25

Piedro - I'd like to add my thanks too.

[piedro] 19/7/2011 08:33

SM - Thank you
You can watch the shipping movements at

[strollingmolby] 19/7/2011 07:56

PSV Cormoran news now RNS'd. Thanks for posting this, Piedro, and all the previous posts - just wanted to let you know you're not alone on this thread!

ATB,
SM

[piedro] 18/7/2011 22:05

WILSON SONS - PRESS RELEASE
Wilson, Sons announces the christening of PSV Cormoran and the renewal of Petrobras contracts for PSVs Albatroz and Gaivota
PSV Cormoran was constructed in the Wilson, Sons Shipyard in Guarujá (SP) and delivered to Wilson, Sons Ultratug Offshore (WSUT), in which Wilson, Sons has a 50% interest. PSV Cormoran, which is the 12th in our fleet of offshore support vessels (OSVs), will operate in a long-term contract with Petrobras. By 2017 the expected fleet includes 34 joint venture owned OSVs.
PSV Cormoran was constructed with federal and state incentives and financed through the "Banco Nacional de Desenvolvimento Econômico e Social" (BNDES) as agent for Merchant Marine Fund (FMM). A further 2 PSV´s contracted to Petrobras are in different stages of construction in the Wilson, Sons Shipyard.
PSV Cormoran has specifications of 71.85 m length, 16 m width, draft of 6 m, 3,200 deadweight tonnes and speed of 13 knots. The vessel was built with technological and design input of Damen.
Moreover, the Company is announcing that WSUT has just renewed charter contracts with Petrobras for a additional period of 4 years for PSVs Albatroz and Gaivota.

PSV Cormoran arrived this morning in Rio de Janero and is now berthed nearby the Brasco terminal, (south), after 2wks of sea trials.

[piedro] 15/7/2011 11:51

[03.30.2011] 17h33m /
By Gabriel Gomes
Wilson, Sons To Build AHTSs
Wilson, Sons intends by 2014 to be a definitive player in the AHTS boat market, used for positioning platforms and FPSOs. In order to comply with this target, the company has leased two vessels from a foreign oil operator in order to acquire know-how and technical knowledge about the model. The contracts are expected to last between 90 and 120 days.
The company also wants to build AHTS boats in the future under the Brazilian flag at the Guarujá shipyard in São Paulo. To do this, it is investing US$ 40 million in drydock construction that will permit doubling the capacity at the yard to 5,500 tons/year.


Anchor handling tug supply (AHTS) vessels are vessels which supply oil rigs, tow them to location, anchor them up and, in a few cases, serve as an Emergency Rescue and Recovery Vessel (ERRV).
AHTS vessels differ from Platform supply vessels (PSVs) in being fitted with winches for towing and anchor handling, having an open stern to allow the decking of anchors, and having more power to increase the bollard pull. The machinery is specifically designed for anchor handling operations. They also have arrangements for quick anchor release, which is operable from the bridge or other normally manned location in direct communication with the bridge. The reference load used in the design and testing of the towing winch is twice the static bollard pull.



Other news ... the PSV Cormoran has been launched and can be seen operating from Guarujá

[piedro] 24/6/2011 01:58

MTG,

Fantastic!
I should have a site up and running
in a number of days
There is a lot of information to go in.

[piedro] 23/6/2011 15:15

Cheers.
Will check them out.

[m.t.glass] 23/6/2011 14:46

Piedro - I had a look at the site but unable to copy here. If able to copy them onto a website, maybe set up a dedicated website (free) at weebly.com or yola.com and include a link in your header? I use both weebly and Yola, but haven't tested to see if the images you want will display without upgrading to a payed site.

[piedro] 23/6/2011 12:35

MTG,

I need your help.
I'm trying to construct an OCN - Shipwatchers (WSON) bb.


From 'marinetraffic.com' I can load very good ship trafficking maps
onto an ordinary web page, but not in ADVFN !!

[rambutan2] 17/6/2011 01:28

Blackrock were a buyer last month...

We have continued to look for international growth stocks, especially those
exposed to the more reliably growing emerging markets. In April, we added a
holding in International Personal Finance, and in May in Oceans Wilson. Oceans
Wilson is the holding company for Wilson Sons, a long established port operator
and port services business in Brazil. It stands to benefit from the increasing
investment in Brazil's offshore oil industry and eventual increased oil
production.