Latest Forum Topics / COSCO SHP SG Last:0.137 -- | Post Reply |
CoscoCorp
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samson
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01-Nov-2013 11:01
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Q3 cosco 1.)  September 23, the Guangdong COSCO Shipyard to Vroon built " Galloway Express" number of livestock transport ship delivered later this week to leave the shipyard.
" Galloway Express" for the four livestock transport ship in the first ship, and the remaining three will be delivered later this year and early 2014. 广 东 中 远 船 务 交 付 首 制 牲 畜 运 输 船   2013-09-27 project cosct = ??
2.) 上 海 中 远 船 务 交 付 两 艘 FPSO海 工 模 块   2013-08-02 August 1 morning, Shanghai COSCO Shipyard ( location  Comments  News  Job ) held " P66/P67 series FPSO offshore module delivery ceremony" for the construction of two new generation Petrobras FPSO modules successfully delivered. projects cost = 200 Million  x2 ??
3.) 舟 山 中 远 船 务 完 成 三 艘 集 装 箱 船 改 装 项 目   2013-07-23 COSCO Zhoushan Shipyard completed three container ship conversion project project cost = ??
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Hawkeye
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01-Nov-2013 08:39
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Anyway Cosco Singapore Bulk Carriers are supramax (60,000dwt) been up and never down so far. Only Capesize affected. Cosco Bulk Carriers, China Cosco Bulk Shipping and Cosco Shipping (Hong Kong) is affected. Anyway as Puahlt work out Cosco Singapore revenue is only 2% from shipping. I do not expect 3Q2013 Cosco result will be good. Since no delivery  at all. 4Q2013 has Sevan 650 USD500mil delivery + some bulk carriers. Whole of 2013 Cosco Singapore has only about USD1.2bil orders delivery compare to 2012 which has about USD1.6Bil minus the drill ship Dalian Developer will be USD1.1Bil. I expect next year 1Q and 2Q2014 Cosco result will be resounding - I recorded, expect about USD2.4bil delivery so profit will be more than double since most of all delivery will be Offshore structures or oil related like tankers and gas carriers. 2015 so far I recorded should have USD3.2bil orders delivery and climbing if more orders come in.
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cheongsl
Master |
31-Oct-2013 22:52
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BDI after so many days of down, finally see a up today. | ||||
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samson
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31-Oct-2013 22:13
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中 船 国 焦 china Shipbuilding company Tuesday report Q3 - 37% . This is also china government company . Will cosco doing the same things ?
Q3 losses - 10 - 30% ? |
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samson
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31-Oct-2013 20:18
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Fund manager and small wanted to see cosco Q3 show good profots . Before buying .
Or may be they already know cosco losses in Q3 . Then strategy is selling . |
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New123
Elite |
31-Oct-2013 18:20
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so many order and smooth delivery. why prices is still being pressed down? heavily control stock.. don't know when can smell 90 cents?? |
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Solidsnake
Member |
30-Oct-2013 16:47
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Thanks for sharing. 9 long paragraphs in total. In short, what does it mean?
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samson
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30-Oct-2013 11:50
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中 国 海 工 : 接 单 创 纪 录 船 企 莫 失 良 机 China Offshore: record orders ship enterprises miss our special offers Source: CSIC 2013-10-30 09:09:29 October 10 to 11 at the 2013 China International Conference on Ocean Engineering from the Chinese Shipbuilding Industry Association, the American Bureau of Shipping, COSL, COSCO Shipyard and other marine industry and petrochemical industry leaders and experts " of vision a reality - and the alpine region towards deepwater offshore industry " as the theme to introduce global petroleum and petrochemical equipment development status and trends, gather cutting-edge technology, communication industry hot topics, and explore the future development of China's marine equipment plans. The past two years, by the international financial crisis, the shipbuilding market continues to slump, but all the way to the ocean engineering equipment market is strong. The experts disclosed a set of numbers even more marine industry professionals exciting: the first three quarters of this year, turnover is very active in the global marine equipment, with a total turnover of 45 billion U.S. dollars, close to the financial crisis in 2006 and 2007 peak levels. China offshore company orders amount also hit a record high, the first three quarters reached 110 billion dollars, accounting for nearly 25% share, ahead of the completion of long-term planning in the marine proposed share of world market share in 2015 target of 20%. Chinese offshore companies in previous years, orders mainly from marine engineering ship, China since 2004 to become the world's marine engineering ship one of the main building strength, market share remained at about 30%. 1 to September this year, the global turnover of 183 various types of offshore support vessels, China got one of the 61, still 1/3 share. But the biggest difference is that this year, the first three quarters of the global offshore platforms worldwide turnover of all kinds 96, China accounted for 40 of them, from the figures we have more than 40% of the global number of transactions. Including nine Chinese shipyards received 28 orders up drilling platforms, accounting for about 60% of global orders, more than a long ranked first in Singapore. Participating marine professionals agreed that the coming period which global oil prices will remain high and continue to drive the marine engineering market boom, deepwater oil and gas production will be the main source of growth in world crude oil. To force policy should thoroughly understand the Country attaches great importance to the development of marine engineering equipment, from 2009's " ship industrial restructuring and revitalization plan," to 2010's " The State Council on accelerating the cultivation and development of emerging industries of strategic decision" to 2011's " Ocean Engineering Equipment Industry Innovation Development Strategy " , and then two months ago, the State Council promulgated the" shipbuilding industry to accelerate the implementation of structural adjustment programs to promote the transformation and upgrading, " the policy of force constantly to China's marine engineering equipment manufacturing industry new impetus. The conference, the new introduction of the " ship industry to accelerate the implementation of structural adjustment programs to promote transformation and upgrading" has become the focus of the industry. China Shipbuilding Industry Association Secretary-General Wang Jin Lian at the conference, said, " implementation plan" from the structural changes in world demand in mind, to speed up the restructuring of China's shipbuilding industry. First, the technical restructuring. Through innovation-driven, vigorously develop green technology, deep-sea technology, fully meet international shipbuilding new codes, standards, achieved by the " Imported" , " follower" to " lead type" Second, product structure adjustment. Structural adjustment as the leading technology, vigorously develop green ships, high-tech ships, special vessels dedicated, high-end marine engineering equipment, localization of marine equipment, and promote upgrading of product structure, to meet market demand Third, the industrial structure adjustment. Improve shipbuilding industry restructuring and development policy system, promote key areas of reform and institutional innovation, strengthen enterprise management, improve the service industry, and promote the coordinated development of the shipbuilding industry, and enhance self-development capacity Fourth, capacity restructuring. Current China's shipbuilding industry structural overcapacity prominent, low homogenization overcapacity, high production capacity, by controlling the production capacity, promote mergers and restructuring, to encourage transformation converting, optimized production structure, eliminate backward production capacity, improve industrial concentration . Through structural adjustment to achieve the goal to upgrade and enhance innovation-driven capabilities, advanced manufacturing capabilities, marine development capabilities, marine support capabilities, equipment capabilities, capacity control, so as to enhance the international competitiveness of China's shipbuilding industry, achieved by a Major shipbuilding shipbuilding power shift. Offshore companies need to raise quality As marine equipment business users, device manager, general manager of CNOOC clothing Luoyou An detailing the demand and equipment requirements. He said, COSL will follow " structural adjustment, into deep water, to high-end" principle to determine the direction of investment, and key equipment for large equipment will be selected mature technology, advanced technology, green energy, popular in the market mainstream design and products. From the user's point of view, I hope marine equipment is designed to help improve operational limitations, increased job window, reduce downtime devices and platforms accessible with a spacious deck equipment, easy job action sports performance, with rapid evacuation Typhoon and recovery operations capability. Marine equipment industry is a high threshold, high-risk industries, the participating entrepreneurs regardless of their capacity for some shipyards, a rush on into the marine market phenomenon expressed concern. Nantong COSCO Shipyard vice president Zhuang Jianjun reminded that the ship can be mass production, but the sea is a single custom manufacturing engineering equipment, strong personal, not for mass production. In the technical requirements, mode of administration and shipbuilding are very different. Chinese enterprises must rely polished marine technology to improve the level of development and construction, supporting the ability to enhance the local products, optimize marine construction mode, to enhance the competitiveness of enterprises. Luoyou An said that the marine equipment is quality first, in addition to the depreciation of equipment, damage, etc. Once an accident occurs, a tremendous impact on the marine environment, the Gulf of Mexico accident compensation is astronomical, marine equipment manufacturing enterprises and users must be considered This factor, do not just look at immediate, blindly into this high-risk industries. China Offshore enterprises must make enough in the quality of homework.
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wait4opp
Veteran |
30-Oct-2013 08:52
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Cosco Corp (COS) is our selection of the day. From a technical view, the stock reversed up last month following the bullish penetration of a LT declining channel, and is currently forming a ST consolidation pattern. Both the 20-day and 50-day moving averages are turning up, and are also supporting the prices. Furthermore, a strong support base has formed around 0.765, which should limit any downside potential. In conclusion, as long as 0.765 is not broken, likely advance to 0.87 and 0.905. | ||||
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Hawkeye
Veteran |
30-Oct-2013 08:49
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This could also mean Keppel Corp is too expensive right? China had and will do, as most of all the manufactured products correct the world prices and value to it Proper Value. Just like our TV and Garments and stuff. Also means Keppel Corp is going down trend. Right? If you would like to say Keppel Corp is par with Cosco China, you are saying Singapore is as big as China. We know who are we. Dont get our heads too big.
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cheongsl
Master |
30-Oct-2013 07:17
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ST China Cosco (601919) is much bigger then Keppel Corp?? floor area will be yes but Profit  is No.    Eg. 2012 FY Keppel profit after tax is S$2 237m, and ST China Cosco is -RMB8,137m deficit. Revenue maybe in par, Keppel corp S$13,964m, ST China Cosco RMB 72,056m (~S$14,675m)  The main different in Cosco China and Cosco Singapore is the distribution of business. Cosco Singapore are more towards engineering and offshore and little on logistic.
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samson
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29-Oct-2013 22:02
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  http://worldmaritimenews.com/archives/96418/vroon-offshore-services-orders-two-more-ulstein-psvs/ |
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samson
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29-Oct-2013 21:59
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Vroon Offshore Services Orders Two More ULSTEIN PSVsPosted on Oct 29th, 2013
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Hawkeye
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29-Oct-2013 21:17
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wait4opp
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29-Oct-2013 18:24
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How you know ??  
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Hawkeye
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29-Oct-2013 17:19
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Good News for NOL and Yangzijiang NOL - 3Q2013 should be making money for first time. Yangzijiang - should expect orders of ships from Cosco Pacific  
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wait4opp
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29-Oct-2013 17:15
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What is this report related to Singapore COSCO........?
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samson
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29-Oct-2013 16:24
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The third quarter net profit of COSCO Pacific $ 80,150,000 ( bro of cosco ) Source: shipping industry 2013-10-29 15:14:59    COSCO Pacific (01199) announced results for the third quarter report, the company recorded a net profit of $ 80.15 million, down 18.4% yoy turnover of $ 203 million, an increase of 10.92% at. The first three quarters, the company recorded a net profit of $ 640 million, an increase of 131.1% at turnover of $ 598 million, an increase of 8.72% at. The third quarter and the first three quarters of this year, the total container throughput reached 16.2 million and 45.69 million TEUs, respectively, yoy growth of 11.1% and 10.2%. Overall average occupancy rate was 94.6%, long-term rental income accounted for container leasing revenues were 95.5% and 95.3%. Group has acquired a new container volume was 3.46 million TEUs and 99,600 TEUs. Group's container fleet modulus of 1,879,100 TEUs, an increase of 1.9%.   |
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samson
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29-Oct-2013 13:18
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中 远 集 团 推 内 贸 集 运 交 易 平 台 2013-10-29 08:34:32来 源 : 船 舶 网   过 一 年 多 的 研 发 与 试 运 营 , 中 远 集 团 昨 天 推 出 其 内 贸 集 装 箱 运 输 业 务 在 线 交 易 平 台 ?泛 亚 航 运 电 商 网 ?, 为 客 户 提 供 ?网 上 下 单 、 订 舱 、 支 付 、 反 馈 ?一 站 式 服 务 。 该 平 台 开 创 了 国 内 内 贸 集 装 箱 船 ( 船 型 船 厂 买 卖 )公 司 在 线 交 易 先 河 , 为 客 户 和 船 东 架 起 一 座 ?直 通 ?桥 梁 , 绕 开 中 间 的 层 层 代 理 。 |
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Hawkeye
Veteran |
29-Oct-2013 12:55
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Cosco China is like our Keppel Corp and NOL combine but even much larger. Cosco Singapore is like our Semb Marine or Keppel Fel but only that they are much less profitable and are competing for market share to be the dominance force. That is why they leap frog by building the largest Drill ship but met  trouble with Dalian Developer, they go for the large drill platform like Sevan 650 and successful, got the Multi purpose ship and etc. Looks like they are competing for all the offshore. Yangzijiang competing for the surface commercial ships to leap frog by going for capesize bulk carriers, large  container ships 10,000 teu and above. China State Ship Building competing for VLCC and Large Gas Carriers and etc. Looks like China is coordinating its large builders so that they do not compete with each other than international companies. That is my observation. At the way Cosco Singapore is going, if their orders are sufficiently large and organisation is well managed then their profit margin will improve significantly. Share price will leap frog and current level may give us a 200% profit and above. Currently Cosco Singapore only own 51% of the shipyard share only.
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