Ocean Wilsons (holdings)... Share Discussion Threads

[last of the mohicans] 10/5/2014 00:57

April data now available for viewing

Tec RG fabulous month (all time high by the looks of it), Tec Sal horrible month. Towage good month, big increase in deadweight moved.

Will be very interesting to see the Q1 results in financial terms compared to the actual increases we already know about.

LOTM

[piedro] 09/5/2014 09:21

Petrobras approves contracts for 23 offshore vessels
Posted on May 8th
... In 6th round, nineteen Platform Supply Vessels (PSV – Vessels to transport cargo to the platforms) were contracted, six with Asgaard Navegação S.A., six with Starnav Serviços Marítimos Ltda, three with Bram Offshore Transportes Marítimos Ltda., two with Wilson Sons Offshore S.A. and two with Companhia Brasileira de Offshore. In addition, four Anchor Handling Tug and Supply vessels (AHTS – Vessels to tow and anchor rigs and platforms) were contracted with Companhia Brasileira de Offshore. ... ...

[yf23_1] 06/5/2014 14:46

Sorry, I got it from ADVFN Financials where it says GBX. Of course results are in USD, wasn't thinking.

[marben100] 06/5/2014 13:54

It's USc60 = 35.3p, not 60p

Cheers,

Mark
Twitter @marben100

[yf23_1] 06/5/2014 12:44

xd 60p tomorrow, anybody would think its today by the drop

[piedro] 06/5/2014 06:47

Rio de Janeiro, May 5, 2014
CONTRACTS FOR THE LEASE OF 2 PSV´S FOR PETROBRAS
Wilson Sons Limited ("Wilson Sons"), listed on the BM&FBOVESPA under ticker WSON33, announces that, through Wilson, Sons Ultratug Offshore ("WSUT"), in which Wilson Sons has a 50% of interest, as a result of the sixth round of the Program for the Renovation of the Offshore Support Fleet, Petrobras informed that WSUT was awarded contracts for the lease of two Platform Supply Vessels (PSV´s). The vessels will have deadweight of 4,500 tons and the contracts a period of six years renewable for a further six years.

The vessels will be built at the Wilson, Sons Shipyard facilities in Guarujá, São Paulo, and have a limit for delivery in 2017. In addition to these vessels, Wilson Sons, in partnership with Remolcadores Ultratug, has a further three PSV´s ordered from an international shipyard.

This agreement solidifies the Company´s strategy to meet the demand driven by the growth of the oil and gas industry in Brazil. Currently WSUT operates nineteen offshore support vessels all contracted to Petrobras.

[flyfisher] 22/4/2014 11:25

deepvalueinvestor 30 Mar'14 - 22:58 - 935 of 951
I'm not a fan of charts but a move towards £12 might make me a buyer.


Well £12 has duly arrived. Have you been tempted in?

[piedro] 18/4/2014 19:07

Spot the WSON's !!! ... [offshore Macae]



...from the Cbo, Bourbon, Fast, Skandi, Sea, Olympic, Havila, Vega ....

[piedro] 18/4/2014 18:50

Re: the importance of prefixing the names of their tugboats.

Looking at an AIS map of Brazilian ports, the 'Smits' are very noticeable, (also their blue and yellow colour in real life). Wilson tugs are normal black and white and only distinguished for their badge but indistinct on the internet.

Hopefully they will do the same for their PSV's as the Cbo's, Skandi's, Siem's, Maersk's, ... etc, etc are 'apparently' in the majority offshore.

[piedro] 11/4/2014 23:19

Delivery of WS Phoenix also marks a change in the identity of the vessels of the company. Tugboats of the Group, who are baptized with the names of celestial bodies, shall now be prefixed WS, increasing identification with Wilson Sons. The next boat will already be baptized with this prefix, and gradually, this identity will also be passed to the tugs that are already in operation

[last of the mohicans] 11/4/2014 00:16

Piedro,

Good find,

The more routes they can be involved in, the more business will go through the container terminals, which means more revenue and profits for the company.

The towage numbers for the quarter were very good indeed, they are attending larger and larger ships, which I presume get charged more. I also noted from previous presentations that Wilson's competitors don't seem to have as powerful tugs at there disposal, so are less likely to be competing for such work.

LOTM

[piedro] 10/4/2014 13:43

Almost daily Wilson Sons is in the Brazilian maritime/logistic sheets ...

10/04/2014
Tecon Salvador registra recorde na cabotagem no mês de março
Movimentação cresceu 30% em relação ao ano anterior
hxxp://www.guiamaritimo.com.br/gm_wp/noticias/tecon-salvador-registra-recorde-na-cabotagem-no-mes-de-marco/

Translation
Tecon Salvador container terminal operated by Wilson Sons Group, reported in March its largest monthly increase in the volume via cabotage. Altogether, 3,112 containers were handled in this mode, volume 30% higher than in March 2013.
The increase in movement was motivated mainly by the offloading of electronics, which grew 286%, and the shipment of the chemical and petrochemical segment, registering an increase of 51% compared to March last year.
These increases are a reflection of the commercial efforts to attract new cargoes and cabotage lines. As the most recent result of this commitment, the terminal will be part of the new route of the North Coast Express, the Log In service, which will connect the ports of Santos and Manaus.

[flyfisher] 09/4/2014 19:50

trytotakeiteasy, It came up on a google search.

Quite agree LOTM, and with the recovery in the value of the Brazilian real against the $ in the last couple of months, Q1 figures should be free of the fx charges that have hurt the bottom line at wilsons over recent quarters.

[last of the mohicans] 09/4/2014 17:28

Very nice numbers for March and for the quarter.

The Q1 financial figures when they become available, should show a significant gain on Q1 last year.

Towage and the container terminals are standouts, long may it continue.

LOTM

[trytotakeiteasy] 03/4/2014 09:48

how would you know it is only published tonight

[flyfisher] 03/4/2014 08:05

OCN , is tipped as a buy in this weeks investors chronicle.

[piedro] 01/4/2014 13:57

hxxp://webcall.riweb.com.br/wilsonsons/2013/4T/english/index.asp

[flyfisher] 01/4/2014 08:33

A few points from wilsons results.

Good to see the restructuring of Logistics is showing through with margins well ahead, a big increase in j/v profits and nice to see that they have picked up some new argentina business.
Understandable that shipyard margins were lower as they had to deal with the fire.

Overall the results look positive to me and offer good potential for the expansion of the j/v over the next few years.

[piedro] 31/3/2014 14:11

Confirmation:

Expansion of our operations in port terminals
... Where opportunities arise, we will also seek new concessions in other Brazilian ports and focus on developing new terminals

[piedro] 31/3/2014 10:23

Chart ...



... FWIW.

[darlocst] 31/3/2014 09:45

FY results out. Dividend actually came out at 60c, a very useful increase and well above forecast.

I see Wilson & Sons announced a new dividend policy on Friday as well:



I'm a relatively new shareholder so don't know what that implies for potential dividend payouts going forward?

Outlook seems strong & earnings seem set to grow strongly going forward.

[deepvalueinvestor] 30/3/2014 22:58

I'm not a fan of charts but a move towards £12 might make me a buyer.