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Re: Trueheart post# 91

Thursday, 10/30/2008 1:27:21 PM

Thursday, October 30, 2008 1:27:21 PM

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They had a few under construction even before they acquired Rigdon and the vessels under construction that came with that deal.

Their conference presentations on the investor page are very informative on the mix of vessels and relative age mix.

IMO, they are doing a great job of keeping their fleet young and high end by both the newbuild program and retirement of older vessels.

Rigdon was a perfect match for both parties, a win-win.

It seems a bit rough lately.


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