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Strategies & Market Trends : CNHH ... Greece Shipping Company
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To: Ga Bard who wrote (2)2/10/1998 5:43:00 PM
From: Due Diligence  Read Replies (1) of 92
 
That will get CNHH International exposure. I found out that the Greek Shipping Company(Noble House SA) transports Sunflower seeds from Southern Russia to different ports in the Mediterranan for processing into oils and animal feed. The destination countries include Spain, France,Israel,Italy,etc. It takes three days to fully load the ships and four days to transport to destination. Noble only handles a small percentage of the crop at this time and the port in Russia can only handle shallow bodied vessels which Noble Shipping has. Interesting scenerio for future growth,revenues, and profits. Noble doesn't have an exclusive, but it seems that way due to the vessel structures. Gaming is also allowed on the ships so that could be a revenue possibility too.Being listed as a US stock company might be advantagous for entry into our lucrative US market. Just Thinking about future ramifications.Don't know how many ships or if they have passenger ships too? That's about it, for now.
Jimbo
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