Member Info for chilting

AIS is poor but from the position of SS its possible to say that we have a hook-up.

AIS coverage is poor so its impossible to say defiantly if we have a hook-up yet.

Stock out on loan showing on Euroclear at 4.38% marginally down on 4.77% in May.

Stock out on loan for June on Euroclear was 10.83% marginally up on May at 10.5%

Euroclear are showing 8.93% stock out on loan for June up from 6.32% in May although its possible that shorts have reduced in the last few days after the Norges Bank RNS.

SS is now moving in slowly for the hook-up.

Thank you for clarifying the OGA figures londoner.
When Kraken loads were going to the US it was much easier to gauge load sizes - the tankers were all a similar size and loads into the southern US ports are mainly limited by the draught limits at the ports.
Now its much more difficult, clearly the assumption that most loads are around 500k is not an accurate one and water injection rates are becoming an issue again.

Some welcome good news!!!

BARCLAYS RAISES ENQUEST ENERGY PRICE TARGET TO 18 (10) PENCE - 'EQUAL WEIGHT'

There does seem to be a good opportunity in Germany - the biggest chain hotel group trading in the county is Accor followed by a much smaller group called Motel One - I guess Motel One would be a good acquisition.

This is a contrarian stock for a long term investment it may take a considerable time for the sentiment to turn, especially after coronavirus, but hopefully the Ocado deal will kick start the change in fortunes in September.

Just to add to that - Eurochampion with loads 65 and 67 left Scapa Flo on May 31st - she is currently at the Malacca anchorage doing a STS with the Kraken load - maybe she is bunkering the other tanker?

https://www.marinetraffic.com/en/ais/home/centerx:102.167/centery:2.168/zoom:16

One thing that could account for Kraken's low production in April could be load 65 - early May hook-up - so was part of April's production.
This load was held in floating storage in Scapa Flo and load 67 was added to it later in May - I wondered at the time when Enquest sold the load.
I am not sure how the OAG numbers work but if they are recorded when the crude is sold that would explain the low April production figure.

https://edition.cnn.com/2020/07/01/investing/oil-prices-china-imports/index.html

Its a very spooky market - witness M&B today - good opportunities to buy on the dips.

There are quite a few FPSO vessels in West African waters so it could end up there or even Brazil.
Better still maybe Enquest could use it in Malaysia.

For some reason the schedule has changed - SS is now due at Scapa Flo on Sunday lunch time, so it looks like the hook-up is planned for tomorrow now instead of today - tomorrow is 11 days since the last tanker left, so its no big deal.

Maybe the MM's are holding back the SP until the new shares are issued - the process should be complete by the 14th July.
It would certainly benefit them if they have more shares to trade - it could benefit us as well if there was strong demand that could be satisfied.

Apparently it wasn't a regular trade - it was an off the book negotiated trade - so it could have been a buy or a sell.
Maybe the Norges Bank transaction late reported from yesterday?

Yes I guess the hotels come first and they don't want hygiene errors, I just did a few random booking searches - prices are rising and plenty of full hotels - very encouraging.

Yes, maybe - the opposition don't seem to be so slow though, it looks like M&B and Weatherspoons are opening most of their sites on the 4th in England.