LPG/LNG is bread and butter for Qatar so might be alright if the offshore yard is going to build these. If it's the shipyard (I got no idea how big these things are) the its game over I would suspect!
If the LPG/LNG carriers that are referredare going to be built by Offshore then we might be alright given that's Qatars bread and butter. If
Few shares getting dumped today! Can't see any positive news with this for a long time.
Re: Explorer 1 - cracking post, that is the specific build we are interested in yes? The google translate wasn't perfect for me but this is a copy and paste of the title: "SUPER 116E jackup rig then pile success" !! Hopefully AR release an update if my initial thinking is correct..
re Explorer 1: lets hope we do everything on their 'proposed assets' page!?
If I remember the strategy behind the investment in MGR was to provide more day to day liquidity for Amedeo, whilst it's paid its interest it hasn't paid a dividend and the future seems bleak. Will it be able to pay this 15% coupon next time around. They have laboured the point that the yard can take overspill and is in fact doing so, however it would have been good to see how long this has been happening and a rough idea of the monetary benefit. Hopefully Lau is out of the office securing a big order!
of building these containers / overspill from the ship company is doing for us. Agreed that the use of 'advanced' is wearing thin!