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xanadu90

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xanadu90

Re: Tuff-Stuff post# 675

Friday, 05/16/2008 5:23:27 AM

Friday, May 16, 2008 5:23:27 AM

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GOGL - Q1 2008 Presentation

Please find enclosed the presentation of the Preliminary
First Quarter 2008 Results, held in the morning on Friday May 16,
2008.

Oslo, May 16, 2008

http://hugin.info/135378/R/1220045/256303.pdf

NOTE: 120 bulkers should have been delivered in 1Q/2008 - only 65 were delivered! Mr.Billung, the CEO, said that the orderbooks announced by the shipyards, especially by the new ones (of which many are not even constructed!) cannot be trusted.
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