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Alias Born 08/11/2006

Re: None

Tuesday, 10/02/2007 3:31:40 PM

Tuesday, October 02, 2007 3:31:40 PM

Post# of 648882
FYI. DockWise, the heavylift shipper, was listed today in Oslo bourse. Closing price was the same, to which FRO sold its shares (DOCK NOK 25.00/$4.60).

This is interesting sector in shipping/oil sector services. There are only ca 20 vessels (4 companies in the whole world) hauling the oil rigs (ca 600 offshore rigs) around the seas. Daily rates are $60.000 - $100.000 for the time being.

International investors: worth keeping an eye on this too IMO.
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