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Re: Stock Lobster post# 240706

Thursday, 01/24/2008 12:59:41 PM

Thursday, January 24, 2008 12:59:41 PM

Post# of 648882
Yep Yep. I am admiring the beautifull green colour of tanker and driller lists :)

Read the whole story I posted on Shipping-board:


Shipping chief denies key role in collapse of dry bulk rates

By Robert Wright

Published: January 23 2008 22:49 | Last updated: January 23 2008 22:49

"One of the most controversial figures in world shipping markets has denied playing a pivotal role in the past few weeks’ decline of dry bulk shipping rates, saying it resulted from fundamental market changes.

Nobu Su, whose privately held Taiwan Maritime Transport is the largest participant in shipping futures markets, responded to the suggestion through a London-based spokesman."

"Referring to Mr Su, George Economou, chairman of New York-listed DryShips, the largest quoted dry bulk shipowner, said one person had successfully shaped market movements."

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