Ocean Wilsons (holdings)... Share Discussion Threads

[m.t.glass] 12/3/2013 10:53

Longterm chart in header now exactly ten years long

[piedro] 12/3/2013 07:00

Interesting times ...

Wilson Sons participation in tender for Bonded-Warehouse in Suape (PE)
Wilson Sons Limited ("Company") announces that, through its subsidiary Wilson, Sons Logística Ltda., it has taken part in the public bidding process for a new bonded warehouse (EADI) in Suape, Pernambuco. The commercial proposals were delivered to the 4th Region of Brazil's Inland Revenue Office ("SRRF04") on February 19, 2013.
Following the presentation of commercial proposals the Company has become aware, through release in the Government Official Journal, on March 11, 2013, that it ranked first place with the lowest tariffs among participating companies. The Company informs that having offered the lowest tariffs does not, however, constitute a conclusion of the process to operating the bonded warehouse. The Company awaits subsequent phases of the bidding process which will result in official announcement of the winner for the tender from SRRF04.
Participation in the public bid is part of Wilson Sons Logistics' strategy of focusing on differentiated assets with clearer competitive advantages, such as bonded warehouses and logistics centers.

... and the licitation for the 2nd containet terminal at Suape?

[piedro] 08/3/2013 09:47

LOL,

If you have been following Wilson Sons then you will know that they started their US$ 1.6bn expansion plans a number of years back.

Tecon Salvadore is already benefitting from the doubling of capacity, dredging and upgrading of road access.

[marben100] 07/3/2013 17:10

Useful article on the state of Santos & Brazil ports in general:

Looks like plenty of opportunties, but I'm cautious on the length of time it will take to make progress.

[piedro] 06/3/2013 19:54

March 6, 2013
Brasco records 72% operating efficiency in 2012
Altogether, there were 961 berths in Niterói base; movement reached 92 thousand tons
The Brasco, logistics company for the oil and gas market of Wilson Sons Group, recorded in 2012, operating efficiency ratio of 72%. The result represents an increase of 7% compared to 2011 and 29% compared to 2010.
Altogether, there were 961 last year dockings at the base of Niterói (RJ) company. The record monthly turnover was recorded in April, when 118 boats moored at the base. In the year, 92 000 tonnes were handled, up 10% from a year earlier.
According to the company, the efficiency gain is a reflection of the work of the Operations Control Center (OCC), established in 2012. Among the actions put into practice by the center is the restructuring of the system of monitoring cameras, which allowed better monitor the daily basis and identify the strengths of operations, as well as those that could be improved.
The work paid off. Among the initiatives put in place after the monitoring conducted by the CCO are investments in information technology, with the use of inventory systems and the development of a system for controlling the operation, which integrates the planning and operation in real time, supporting center.
Other actions have been put in place to increase productivity. Now, the boats dock at the base of Niterói only when at least 70% of the load is in terminal and supply is accomplished with ships at anchor.

[piedro] 05/3/2013 19:36

... and why would anyone want in?

[bench2] 05/3/2013 18:57

Hansa A is a good way in as 25% discount quite extreme and a recent reflection of being kicked out of the All-Share Index . Ocean Wilsons is also on a big discount to underlying investments and adjusting Ocean Wilsons to NAV would put Hansa A on a 40% discount .

[piedro] 15/2/2013 19:41

With the weakness of the European economy and the United States, the logistics operator Wilson, Sons bet on growth of coastal shipping, used to supply the domestic market.
According to figures released by the company, cabotage represented 40% of the movement in Container Terminal (Tecon) Salvador in 2012, an increase of 16% compared to the previous year. The company's goal is that this segment will grow another 50% by volume by 2015.
Already aiming this market this year, the company has earmarked an exclusive sector for cabotage and another for handling frozen loads, with higher added value. "Our biggest challenge is the growth of coastal shipping and refrigerated containers. The commercial was restructured to support and dedicated service to these customers," said the sales manager of Tecon Santos, Patricia Iglesias.
Newly expanded, Tecon Salvador last year recorded the largest movement since it was privatized in 2000. TEUs were handled 272.3 (unit of measurement equivalent to one 20-foot container), an increase of 4% compared to 2011. The highlights were shipments of fruit from the São Francisco Valley, which grew 38% and coffee, which were up 43%.
Contrary to the developed economies, China stood out as a destination for long-haul operations, with a share of 25% of foreign trade operations of Tecon Salvador

[piedro] 01/2/2013 22:58

Companhia coordenou as manobras de rebocagem do casco, em Rio Grande.

01/02/2013 - 08:23
Wilson Sons participa de operação para receber casco da P-63
O Grupo Wilson Sons, por meio da Wilson Sons Rebocadores e da Wilson Sons Agência, participou no dia 31 de janeiro (quinta-feira), da operação especial para receber no Porto de Rio Grande (RS) o casco da plataforma P-63, vindo da China. A companhia atuou com três rebocadores azimutais próprios e coordenou outras cinco embarcações que participaram da manobra. O casco foi levado para a área do estaleiro Quip, empresa responsável pela montagem da P-63. .... ....

[deepvalueinvestor] 12/1/2013 19:54

Does anyone get exposure to this through Hansa Trust? Looks like it has a 37% allocation and itself trades at a 25% discount. A good performance from Ocn and you see some significant discount narrowing.

[piedro] 11/12/2012 14:50

As usual plenty happening in Brasil ...

LOL !!

[piedro] 29/11/2012 17:09

someone here may find this of interest ... past history !!!

- parts already mentioned above ... x2 or more ...

Wilson Sons invests $ 180 million expansion and inaugurated in Salvador
Wilson Sons on Friday,inaugurated the expansion of Tecon Salvador container terminal in Bahia. With investments of R $ 180 million, the terminal will double capacity. Will be able to receive larger ships above 6,500 TEUs (20-foot equivalent container), and will meet with appropriate logistics services, exports of fruits of Bahia and Pernambuco, said the president of Wilson Sons in Brazil, Cezar Baião.
Part of the fruit produced in the irrigated horticulture region of Valley San Francisco leaves today through Pernambuco and Ceará. The focus of the company is to capture a portion of these volumes. "The expansion [terminal] is important to Bahia and Bahia for exporters," he said. In total, investments in Tecon Salvador reach $ 260 million, including expansion and another $ 80 million invested since the company took over the terminal in 2000. In another container terminal business, in Rio Grande (RS), we invested R $ 400 million. Wilson Sons Investments segment reached R $ 660 million.
Baião said the company is interested in bidding for new container terminals. "We even have a business plan for the new container terminal in Suape," said Baião. He was optimistic regarding the package to the ports that are being discussed by the government: "We expect that the government will respect contracts and not change in the law of the ports because any changes would tend to alienate investors," analyzed the executive.
The works in Tecon Salvador extended through two years. Investments included paving services, expansion and strengthening of piers and equipment purchases. The capacity has been doubled compared to 2010, when the terminal could move 250,000 TEUs per year. With the purchase of equipment, Tecon Salvador expanded capacity in the intermediate phase of the project, to 300,000 TEUs / year, which now reaches 530,000 TEUs / year.
Baião said that investments in equipment included three 'portainers' and six wheeled cranes used in container handling in courtyards, known as RTGs. The RTGs and portainers, equipment responsible for the movement of containers between the yard and the ship, were purchased in China. Tecon Salvador now has a primary berth with 377 meters long and 14 meters deep, and one berth with 240 meters of extension to meet cabotage services, navigation on the Brazilian coast. Baião said the container ships that pass the Brazilian ports, of up to 9000 TEUs capacity, will be able to dock in Salvador.
The main products handled at the terminal are chemicals and petrochemicals, pulp, ores, steel and metal, fruit, coffee, components, leather and food and beverages. The terminal has invested in new transport loads over the long term, including cotton, palm fiber, soy beans, fresh orange and manganese.

... perhaps for the Wiki_Wilson


LOL !!
DYOR

[rambutan2] 20/11/2012 12:23

From UEM interims out today...

Ocean Wilsons Holdings Limited ("Ocean Wilsons")
Ocean Wilsons has been disappointing, with the share price down 17.1% to £9.70 in the six months ending 30 September 2012. The decision to sell 32.4% of our holding in the first six months of last year at an average of £14.30 has worked well. Ocean Wilsons is well placed to participate both in the Brazilian offshore oil and gas industry and in the recovery in the world's economies. We would prefer to see better performance from their investment portfolio. At current valuations Ocean Wilsons is attractive. Reversing out the 58.3% it holds in Wilson & Sons, a Brazilian listed port operator, the investment portfolio is, in effect, valued at zero. We have recently added to our position on weakness.

[piedro] 19/11/2012 15:30

1st Post-Panamax container ship now berthed
at Tecon Salvador - [6,730 TEU capacity]

DYOR
LOL !!

[topvest] 13/11/2012 19:01

I'm surprised these haven't dropped further given the profit warnings seem to be coming thick and fast!

[piedro] 13/11/2012 12:47

flyfisher - you may be interested to know that the 'cais agua de meninos' is now in operation with CSAV Lluta berthed today (Stadt Wismar yesterday)

[m.t.glass] 11/11/2012 09:33

I've chopped half the content from the header. Mostly outdated (2005) stuff plus some broken links.

[flyfisher] 11/11/2012 07:19

Wilson sons announced improved quarterly figures after the close on friday , with very strong cashflow reported.

[piedro] 18/10/2012 00:41

Due to the total disinterest in the COMPANY
I have declined from publishing news of
Wilson Sons which has been plentiful of late.

For those of you who are only interested in the
SHARES of this company then this
perhaps may elicit some reflection ...

ACQUISITION OF RELEVANT PARTICIPATION
Aberdeen Asset Management PLC
Wilson Sons Limited ("Company"), in full compliance with CVM Instruction number 358 dated January 03, 2002, hereby informs that it received a notice from Aberdeen Asset Management PLC ("Aberdeen"), that through the stock exchange operations of its investment funds, reached a position totaling 11,158,176 Brazilian Depositary Receipts ("BDRs") of Wilson Sons Limited. This total now represents a 15.68% interest in the Company. Aberdeen also stated that no other entity that belongs to its economic group has additional participation in the Company. ... ...

DYOR.

[piedro] 04/10/2012 09:35

Tecon Salvador bate recorde de importação
Notícia | 30 de Setembro de 2012
O Tecon Salvador, terminal de contêineres do Porto de Salvador operado pelo Grupo Wilson Sons, bateu recorde de importação no mês agosto com a movimentação de 82 mil toneladas de cargas, o que representa um incremento de 18% em relação à média dos meses anteriores. De janeiro a agosto, a movimentação no terminal aumentou em 48 mil toneladas em relação a igual período de 2011. As cargas que mais passaram pelo Tecon nos oito primeiros meses do ano foram químicos e petroquímicos, peças e equipamentos, produtos de varejo, borrachas e seus derivados e minérios. Juntas, estas cargas representaram 55% do total importado de janeiro a agosto. .... ....

[piedro] 20/8/2012 21:04

Big ships have yard operators scratching heads
by Greg Knowler
Aug 18, 2012,
Ports have been preparing for the arrival of megaships for the last few years, but now that they are pouring into service, the challenge of handling these vessels has become more apparent.
The rapidly increasing size of container vessels is posing an increasing headache for the terminals that have to accommodate the ships.
Off-loading half of a 10,000-plus TEU vessel requires plenty of coordination between ship and shore. On busy terminal days, many ports are finding they do not have enough container cranes to put on a ship. That means the larger the ship, the more boxes need to be handled, and the longer the ship needs to stay alongside.
This is a growing problem for the big exports ports of Asia and the gateway ports in the US and Europe. Even if the container moves per hour are boosted it can still take three days to clear a ship if only two cranes are used, which is about two days too long.
There is a limit to the number of cranes that can be installed on a berth so crane developers are working on ways to increase the load per crane. Some terminals use cranes that can load or off-load two containers at once, and there are cranes in the pipeline that will be able to handle four boxes in one move.
Of course that is great for handling empties, but not possible for loaded boxes. At least not yet.
But it is not just about moving boxes on and off a ship. The bigger the vessel the more boxes need to be in the yard and ready to be loaded, and more trucks and yard space needs to be available for the off-loaded containers.
Mega ships offer the carriers economies of scale, but only if the boxes arrive to be loaded. The ships require huge numbers of containers to be trucked or railed to the yards to meet the weekly services, putting pressure on all aspects of the landside operations.
Yet space is at a premium at ports across the world and increasing the size of yards is not simply a matter of buying and fencing off a new chunk of real estate.
Then there is how the yard itself is configured. All import and export boxes must be stacked at their own separate berths and according to the various shipping services and the destinations.
It is something every port deals with every week, but it remains a complex operation that requires superb juggling skills from the terminal managers.

[future financier] 20/8/2012 17:07

The figures are all screwed up in the accounts by accounting rules which make things appear far worse than they really are. If only the investments were de-merged from the holding in Wilsons then the market might be able to understand the figures and value this correctly!

[topvest] 15/8/2012 17:41

Ouch - looks like trading is getting hammered here at the moment. Will watch and wait, although indirectly hold through Hansa Trust plc.