
guess it is a good news.
maybe win big contract!
churnw ( Date: 05-Apr-2012 14:59) Posted:
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chances of moving up is higher , from $1.3 to $1.135. anyway loaded  a bit more. 
collect at 1.14 , can collect 3 cent dividend.... double win win
 
just bought. luv my gut.
told myself even if i can't sell, i can collect 3cents div in next mth. hahah
seanpent ( Date: 04-Apr-2012 09:39) Posted:
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Hawkeye ( Date: 26-Mar-2012 18:04) Posted:
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Published March 30, 2012 ![]() |
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Baltic index rises on China hopes
Steel demand faces seasonal recovery as construction activities resume
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This quarter todate, COSCO had secured US$450million contract.
Dry Bulk freight had constantly increasing.
Container freight Asia-US route is increasing and will increase further on April 2012.
If condition continue to improve COSCO will benefit further.
Hawkeye ( Date: 26-Mar-2012 14:16) Posted:
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Cosco wins $189m shipbuilding contract |
Singapore-listed Cosco Corp said one of its  subsidiaries had signed a contract worth more than US$150 million ($189 million) to build a specialised vessel to install offshore wind turbines for a European customer.
Cosco said on Monday the vessel is scheduled for delivery in 2014 and the contract is not expected to have a material impact on the net tangible assets and earnings per share of the company for the year ending 31 December 2012.
http://www.theedgesingapore.com/the-daily-edge/business/36560-cosco-wins-189m-shipbuilding-contract.html
Published March 23, 2012 ![]() |
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Baltic index up as rates of smaller vessels rise
The main index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose 12 points or 1.36 per cent to 896 points. 'The overall dry bulk market has continued to improve slowly, feeding off a much improving Atlantic basin,' George Lazaridis of Intermodal Shipbrokers Co said. The Baltic's panamax index gained 1.1 per cent to 1,015 points, with average daily earnings rising to US$8,125, helped by demand for coal, grain and minor bulk cargoes.   (BANGALORE) The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, rose for the 20th straight day on Wednesday, as demand in the Atlantic basin pushed up rates of smaller vessels.   |
http://www.businesstimes.com.sg/sub/shippingtimes/story/0,4574,483130,00.html?
THE Shanghai (Export) Containerised Freight Index (SCFI) climbed 5 per cent higher week-on-week in the week ended March 16, 2012. The increase in SCFI was driven by increases of US$239/FEU (40-foot equivalent unit) in Shanghai to US west coast and US$222/FEU in Shanghai to US east coast shipping rates. The general rate increase (GRI) in transpacific shipping rates indicates shipping liners have been successful in getting most of the previously announced US$300/FEU rate hike that happened on March 15, 2012. Going forward, shipping liners are planning another US$400/FEU hike to transpacific shipping rates on April 15, 2012.
http://www.businesstimes.com.sg/sub/views/story/0,4574,483095,00.html?