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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (99361)	6/29/2003 12:28:59 PM
From: AuBug	Read Replies (2) \| Respond to of 132070

Hi Joan, >>However, with more new tankers due for delivery than scheduled for scrapping I'm ambivalent. **I do not understand how these guys are doing replacements. TK shipping has a bunch of single hull tankers that need replacing, but for some reason or other do not seem to be in a hurry. The CEO was giving the EU gold stars for not allowing single hull tankers, yet he has a bunch in his fleet. Galbraith's has some reports on new builds and demolition: galbraiths.co.uk galbraiths.co.uk The Weber Report has a very nice chart but I can't find the one I recall: reports.crweber.com Keeping some lowball bids on the books for the pending NAT announcement sounds like a plan. Someone with the moniker tanker_broker on Yahoo nailed the $9 for VLCCF before the fact. I wonder what he thinks for NAT?