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ProfitScout

05/26/16 9:48 AM

#12061 RE: ProfitScout #12060

Here's one more reason that Double Crown's Translock system is arriving on the commercial shipping market at just the right time. Higher costs for the shipping companies due to new fuel regulations will make them need to look for cost savings more now than ever.

Container shipping firms' costs soar on new fuel rules - OECD
Reuters
May 19, 2016
News Link:
http://af.reuters.com/article/commoditiesNews/idAFL5N18E2EM
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magicman

05/26/16 11:56 AM

#12062 RE: ProfitScout #12060

no question that interest in ddcc has increased since the patent announcement. last week's second announcement on the translock projects already in the works shows us things are moving forward quickly on the business side as well. this is the time we've been waiting for.
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GTMUSTANG16

05/26/16 9:14 PM

#12069 RE: ProfitScout #12060

I can tell you it was the patent approval on the translock that really got my attention recently. There is no question now that Double Crown is where shippers will have to come for this advanced container design. All of the volume and price increases we have seen recently show that other investors are starting to realize this too.