InvestorsHub Logo

DFLY

11/08/10 11:58 AM

#6 RE: koolmc #5

i agree keep a close eye on SHIP and if SHIP moves in the coming days,weeks,or months this warrant SHIPW can run BIG from here imo considering the expiration isnt til end of Sept 2011..so plenty of time for this SHIP to bounceback and make these warrants start ablazin imo..and maybe amaze specially if SHIP really starts waking big here which i think is possible!

DFLY

11/08/10 12:27 PM

#7 RE: koolmc #5

some moves being made..

In May 2010, the Company acquired a controlling interest in Maritime Capital Shipping Limited, which owns nine Handysize dry bulk carriers. In May 2010, the Company acquired a controlling interest in Maritime Capital Shipping Limited ("MCS"), which owns nine Handysize dry bulk carriers. In September 2010, the Company completed the acquisition of the remaining 49% in MCS and in October 2010 it completed the acquisition of the remaining 50% in BET.

Following the MCS and BET acquisitions, the Company owns a fleet of 20 drybulk carriers (four Capesize, three Panamax, two Supramax and one Handymax and ten Handysize vessels) with a total carrying capacity of approximately 1,292,544 dwt and an average fleet age of 13 years.


The Company's common stock and warrants trade on the NASDAQ Global Market under the symbols "SHIP" and "SHIP.W", respectively.