Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Thursday, November 20, 2008

Shipping stocks

The Korea Shipowners' Association said it may set up an asset management company to buy vessels from cash- strapped shipping lines as trade slows amid the global financial crisis.

STX Pan Ocean Co. (STX SP), South Korea's largest bulk- shipping line, decreased 2.5 cents, or 3.2 percent, to 76 Singapore cents. Neptune Orient Lines Ltd. (NOL SP), Southeast Asia's biggest container carrier, declined 4 cents, or 3.9 percent, to 99 Singapore cents.
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)