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CoscoCorp

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srichipan
    20-Aug-2013 12:54  
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Downtrend! Don't touch
 
 
Flyordie
    20-Aug-2013 12:49  
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KOYAK !!!!

 
 
 
Hawkeye
    20-Aug-2013 12:19  
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Ship Prices & Financing? on recovery


Investors are suggested that there is a positive movement in shipbuilders, stemming from expectation toward recovery of European financial crisis, rise in ship values and so on.

Analyst Kim Hyun at Shinhan Investment of Korea said that a steady upward movement is seen in prices of second hand vessels and newbuildings from the second quarter of this year and explained, ?Global syndicate loan contracts for ship financing signed in the first half amounted to $28.53bn, increasing by 35.8% from a year ago.? Kim added, ?When European banks, or the existing key players, resume their loan business, a trend toward recovery might kickstart, backed by increasing amount of loan from banks in the US and Far East Asia,?

The analyst continued, ?European manufacturing Purchasing Manager?s Index (PMI) has started to rebound, forming expectation toward financial recovery in concert with performance improvement of banks in Spain and Greece,? and said, ?Particularly, it looks positive to this situation that the German government which has been silent over the breakdown of domestic ship financing market is trying to change evaluation method of property value for ship financing.?

Regarding ship values, the analyst explained, ?They are seen in the increasing move with newbuilding prices following the move seen in second hand vessel values,? and added, ?Even though this is not a turnaround to recovery, shipbuilders having enough workload from contracts for offshore-related vessel or facility and LNG carrier should feel confident about market condition just given a rise in newbuilding prices.?

Kim said, ?A rise in ship values, growths starting from LNG, recovery of supply-demand balance and expectation of ship financing improvement are confirmed one by one that moving upwards based on valuation standard is expected to be justified.?

And he described it as, ?Situation is gradually recovering from a cold bath and a hot bath of Super-Cycle before 2008,? and said, ?It is time for expectation toward market enhancement after the upcoming year to be reflected in stock prices.?



Published : August 20, 2013
 

 
krisluke
    19-Aug-2013 19:23  
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Cosco Corp Singapore ST: under pressure.
Trading Central | 2013-08-19 01:46:00

Update on supports and resistances.

Pivot: 0.775

Our preference: Short positions below 0.775 with targets @ 0.67 & 0.62 in extension.

Alternative scenario: Above 0.775 look for further upside with 0.82 & 0.855 as targets.

Comment: the stock remains on the downside.

Key levels
0.855
0.82
0.775
0.71 last
0.67
0.62
0.55

Copyright 1999 - 2013 TRADING CENTRAL

 
 
krisluke
    19-Aug-2013 19:20  
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Any one love china drama ? There is one recently about ship and shipyard.


大 船 之 神 全 集 在 线 观 看

大 船 之 神

在 党 和 国 家 领 导 人 的 亲 切 关 怀 下 , 中 国 船 舶 工 业 历 经 风 雨 路 程 , 走 向 世 界 经 济 舞 台 , 并 创 下 了 一 个 又 一 个 辉 煌 的 业 绩 。 进 入 九 十 年 代 中 期 , 国 际 市 场 竞 争 更 加 激 烈 。

本 剧 就 是 在 这 一 背 景 下 , 围 绕 北 方 造 船 厂 在 改 革 大 潮 的 冲 击 下 , 为 与 国 际 市 场 接 轨 , 通 过 与 韩 国 M企 业 集 团 合 作 改 装 集 石 油 、 天 然 气 开 采 、 加 工 、 贮 藏 于 一 体 的 海 上 设 施 , 填 补 了 中 国 在 这 一 领 域 的 空 白 。

国 产 剧 大 船 之 神 来 源 :爱 爱 影 视 :http://www.22ys.cc/

 

 
 
Blanchard
    14-Aug-2013 13:59  
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.....have to adapt..... have to survive.....
 

 
Hawkeye
    14-Aug-2013 12:23  
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" Winners take All"


As new order momentum of shipbuilding industry bounces back, it is expected to see a market of ?Winner takes all?.

Analyst Lee Kang-Rok at KTB Investment & Securities of Korea said at a press conference held in Korea Exchange on August 13, ?Due to a restructuring trend   in shipbuilding industry, the industry is reorganized into a market of ?Winner takes all?,? and forecasted, ?As commercial ship market rebounds toward recovery after hitting the bottom, survived shipbuilders are welcoming more orders, expected to benefit greatly.?

Lee explained, " Yards which failed to secure new contracts fell behind in competition and disappeared as new orders plummeted in 2008 and 2009.?

According to Clarkson Research, the number of global shipyards amounted to 612 as of 2008 however the remaining yards are tallied to be 482 currently that 21% of yards turned out to have closed.

Moreover, of the 482, 396 yards said that they secured orderbook till the first quarter of this year that 86 yards might go bankruptcy unless they ink new contracts.

However, demand for commercial vessel has recovered recently and new contracts are being focused mainly on yards which survived newbuilding competition, said the analyst.

Lee prospected that ?a new opportunity? will knock on builders soon. Entering upon the second half of this year, shipyards will see their slots to be scheduled for the next two years that they could contract new orders selectively. Also, newbuilding price is likely to rise that yard profitability is anticipated to notably improve starting from 2015.

The analyst forecasted that global new orders for commercial vessel would record 22.7% of growth rate on annual average till 2016 and recover to 38.10m cgt, or the amount of new orders seen from the past (2000-2005).



Published : August 14, 2013
 
 
ruanlai
    13-Aug-2013 13:22  
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If YZJ not buying then COSCO should buy over YZJ then.......

Ha Ha........better then NOL
 
 
samson
    13-Aug-2013 12:51  
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Chinese Vessel Heads for Northeast Passage

Posted on Aug 12th, 2013



Chinese Vessel Heads for Northeast Passage

COSCO Shipping Co. has sent its multi-purpose vessel Yong Sheng on the first ever commercial transit of the Northeast Passage for a Chinese vessel. The company organized a sail-away ceremony at Dalian port in Northeast China?s Liaoning province on Thursday, August 8th.

The Northeast Passage ? a sea lane measuring about 2,936 sea miles, includes: sailing west across the Bering Strait, through the Chukchi Sea, East Siberian Sea, running across the Laptev Sea, Vilkitsky Channel, the Kerala Sea, the Barents Sea the final point being the European waterway ports.

The Arctic Northeast Passage and Arctic Northwest Passage together form the Arctic waterway which is the most economical route in this region because it can reduce voyage for 12-15 days.

Once the new passage is opened, it will change the market pattern of the global shipping industry because it will shorten the maritime distance significantly among the Chinese, European and North American markets.

As for COSCO, the new route will offer favorable opportunities to all of the company?s shipping businesses, during the currently unfavorable period, by cutting operational costs, fuel consumption and carbon emissions.

The multi-purpose vessel Yong Sheng, with the total deadweight tonnage of 19,461 tons, is expected to arrive in the Bering Strait on Aug 25, the final destination being the port of Rotterdam, where the vessel is expected to anchor on September 11th.

 
 
 
ruanlai
    13-Aug-2013 12:50  
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Heard from friends in China's shipping industries, they are developing YZJ......

So possible that they will buy over COSCO to make it BIG over night........

We are doing the study on this for the possibilities and if true buying at this price will be very cheap........
 

 
WanSiTong
    13-Aug-2013 12:47  
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YZJ Mi ruan ruan lai ley!

ruanlai      ( Date: 13-Aug-2013 12:42) Posted:



YZJ is going to buy over COSCO ?????

Did anyone gotten the rumours......?????

 
 
samson
    13-Aug-2013 12:47  
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Yangzijiang is private ship builder. cosco is gov.

cosco is number one is china

Yangzijiang is second in china

 

if Yangzijiang buy over cosco then, Yangzijiang will be the biger in asia .

MOL is the shipping Biger in the wolrd .

 

 
 
 
ruanlai
    13-Aug-2013 12:42  
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YZJ is going to buy over COSCO ?????

Did anyone gotten the rumours......?????
 
 
samson
    13-Aug-2013 12:39  
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China Unveils Yards Restructuring



The Chinese government has released a restructuring measure towards its shipbuilding industry which is one of oversupplying industries, and decided to strictly control the enlargement of production facilities over the next three years.
On August 4, the State Council of China unveiled 'An Implementation Plan for Accelerating Restructuring of Shipbuilding Industry, Industrial Conversion and Upgrading (2013-2015)' to reduce overcapacity seen in the facilities of shipbuilding industry.
According to the governmental plan, the enlargement of production facilities of shipbuilding industry will be strictly regulated by 2015 and yards with poor competitiveness stemming from deteriorated facilities are to go on M& A. Also, falling behind facilities will be disposed following market functions.
Focusing on major large corporations, the government will proceed with merger and grouping of allied shipbuilding companies and regulation of total quantity will be adopted for shipbuilding facilities, aimed at freezing new investment. Meanwhile, small and medium sized yards will be encouraged to change their business into ship repair, scrapping and non-shipbuilding sectors.
Alongside, the State Council of China will give variety to the demand structure of shipbuilding to induce various new contracts for high-end vessels.   With this, the governmental department will realize technological innovation and establish a groundwork for competitive companies to survive, with securing major shipbuilding technologies.
Furthermore, the government is seeking to intensively foster industries of offshore structure, shipbuilding materials and equipment, together with expanding and offering ship financing, such as buyer credit and so on, for overseas owners to purchase ships.

 
 
samson
    13-Aug-2013 12:17  
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Nantong ship enterprises sharp rebound in new orders

Source: China Jiangsu Network 2013-08-13 10:23:06

Cope with the international shipbuilding market complex and grim situation, the State Council issued last week, ship industry transformation and upgrading of structural adjustment programs, which give Nantong ship enterprises brought Policy gospel. Reporter yesterday from the Municipal Economic and Information Technology Committee was informed that the city's overall stabilization of the shipbuilding industry, marine equipment industry development trend is good.

The first half of this year, the city's new shipbuilding orders Enterprises 45, 1,335,000 dwt, new orders more than last year's 1.04 million dwt. The city's business orderbook of about 16.3 million dwt, total ranks first in the province. Orders from the new structure, new orders this year, mainly in the main bulk carriers and special vessels, including LNG carriers, heavy lift ship engineering vessels and other special vessels orders are 23, accounting for more than half. Pacific Marine received three new vessels 27,500 cubic +5 small LNG ship orders, to achieve the city's LNG ship construction breakthroughs in the field. Experts reason that this year a substantial rebound in orders in 2012 is built on the basis of very few new orders, in absolute terms, the volume of new orders this year, the city and the first half of 2011 compared to 4.54 million dwt orders is still a considerable large gap.

The face of the downward trend of traditional shipbuilding orders, Nantong shipping enterprises will develop the direction of target high added value, promising marine engineering equipment manufacturing industries. Marine new orders continued to grow, the first seven months, the city received a total enterprise orders 12 offshore platforms, approximately $ 2.08 billion, an increase of 18.2%. Among them, China Merchants Heavy Industry (Jiangsu) Co., Ltd. located in Haimen after the orders have been awarded six platforms, approximately $ 1.18 billion Nantong COSCO Ship orders to undertake three rigs, approximately $ 540 million RSHI undertake two jack-up platform orders, approximately $ 360 million. Wison Heavy COSL obtained from the Gulf of Mexico a modular rig construction contract. At present, the city's enterprise handheld marine orders of approximately $ 6.6 billion.

Marine industrial output continued to grow rapidly in the first half of marine emerging industry output value 11.73 billion yuan, an increase of 14.2%.

 

 

 
johnng
    13-Aug-2013 09:48  
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CHINA STOCKS to rally BIG TIME
 
 
johnng
    13-Aug-2013 08:18  
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To chiong today!!!.............
 
 
appleronaldo
    12-Aug-2013 21:09  
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Nextinsight reports on yangzijiang....may boost shipping stocks
 
 
johnng
    12-Aug-2013 17:16  
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TIME TO RELOOK AT COSCO FOR A POTENTIAL RIDE TOWARDS $1
 
 
johnng
    12-Aug-2013 15:33  
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Time to look at cosco corp again $0.73 now!!
 
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