Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: chris714 who wrote (38836)	9/25/2003 7:21:50 PM
From: TobagoJack	Read Replies (2) of 74559

Hi chris, <<NAT>> ... yup, I am now equally weighted in: NAT uk.finance.yahoo.com TK uk.finance.yahoo.com VLCCF uk.finance.yahoo.com ... and am wagering that the contract negotiations of NAT and VLCCF will turn out OK, while TK's business will hold together. I was not specifically aware of the <<5 days or so>> decision from BP on NAT. I am vaguely aware VLCCF knightsbridgetankers.com contract renewal issue for next year. All the ships are good for about 12-year productive life, before rusting, insurance premium and such factors make replacement economically sensible for the big oil firm customers. Chugs, Jay

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