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Milner

07/11/08 12:30 PM

#794 RE: xanadu90 #793

My money is on JF. I think OSG is a domino waiting to fall pretty soon and TUI is the next in line. If the board of directors of TUI wanted the company to be utilized for the best and highest purpose they would go along with the JF plan. In any case he may just want Hapag LLoyd. The big buzz stateside is all the talk of the OSG situation. Like you previously posted OSG is worth alot just for its newbuildings which at last count was 41 in the pipeline. This is going to be some ride. Alot of talk is about using OSG to reverse merge with Golden Ocean. Since OSG has a dry bulk arm already. Its going to be a boom for investors of JF companies if and when this goes through. It will probably create the two largest maritime shipping companies in the world. We will have to see...

Have a great weekend..

Joe