Member Info for chilting

Kraken
Petronordic and Petroatlantic are both in the Teekay shuttle fleet but are contracted to Foinaven only.

To sum up -

We have Oceania on her way to the Norwegian coast - Sirita just of the Norwegian coast - Heather Knutsen currently offloading at Rotterdam Europort.

Personally I think Heather is the most likely but that delays the load.

KSA seems to be KRISTIANSAND Anchorage on the southern coast of Norway - so Oceania could still be on her way to Kraken.

Yes as Auson said KSA - this is in Norway - just checking where.

The destination has not been updated as yet - will keep checking.

Also Heather Knutsen is currently offloading at Rotterdam.

We are down to two contenders - Navion Oceania off the Dutch coast and Stena Sirita currently just east of AK off the Norwegian coast on her way north to Sture.

Actually the idiot from the FT might have done Sirius a favour - the way the SP has bounced back has demonstrated to the financial world what a lot of tosh he wrote and also how resilient the SP is with the backing of so many loyal private investors.

That was a bad fall yesterday and with little reason for upward momentum it looks like it has further to fall - maybe even as low as $68 before it bounces - bears are firmly in charge at the moment.

The July 2017 rising high support looks like it has finally broken.

We are still looking for the game changer to bring the big bounce towards $80 !!!

hhchu2000
Originally Bumi said 1st Jan 2018 this was amended to H1 2018 and is now Q3 2018.

Enq have never to my knowledge given a clear date.

This is not an unusual situation, AK's sister ship Armada Olombendo was only commissioned in May this year after a similar "pantomime".

Bumi desperately need AK to be finally commissioned to prop up their finances but Enq will I think get all they can from Bumi before they finally sign.

Personally, I think commissioning will before the winter storms set in.

Take a look at the Bumi Armada board for more insight.

http://klse.i3investor.com/servlets/stk/5210.jsp

Also Stena Sirita - heading to Sture off the Norwegian coast from Sweden.

This is an excellent time to focus on the Potato crop and the enormous benefit Poly4 brings not just to yield but tuber quality, something that is particularly important to Scottish seed potato producers. Seed Potatoes are a very high value crop and anything that can improve yield and quality will make a big difference - the wholesale price for 25kg of seed potatoes is around £15.

In this year of drought potato farmers will be expecting low yields unless they irrigate but to make irrigation worthwhile they have to get the culture just right, Poly4 will help them do that and increase yields at a time where demand outstrips supply, especially for bakers.

Still no action but four possible candidates now -

Stena Natalita - McDuff.

Grena Knutsen and Navion Oceania - Dutch coast

Stena Sirita heading to Sture of the Norwegian coast from Sweden.

Also no tanker lined up in Scapa Flo for transfer.

Looks to me that it is the traders who have cut and run and good riddance to them.

Any investor who has done their own research will know that the FT piece was just a hatchet job.

We can now benefit and buy on the dip - its a simple as that !!!

Always look forward with share ownership never dwell in the past.

There is a new team in place motivated by share ownership, ITX have a good product, the big corporations want it, volume is improving - onwards and upwards !!!

I think the simple fact is that the "financial establishment" will always put down anything it doesn't understand and from their point of view why would anyone want to dig a hole in the ground and not get paid for it for years - oh no they cry !!!

But then you look at the Banking sector - something they say they understand - and the message is buy, buy, buy but what happens - well take a look at the SP for Lloyds over the past five years !!!

Thank you Bernie - I would go with Bond conversion but as you say it is just a guess at this stage.

It would explain the fall today.

Is it not logical that the trade was made at around 11am this morning - around the time the SP started to fall - the MM's then lowered the SP throughout the day to clear their backlog of shares. Big trades tend to be recorded after the close.

Maybe also the trade was in some way related to the bonds ???

Apparently the trade was a NPFT trade - the NPFT stands for a Non Price Forming Transaction - if anyone knows what that is ????

Note - the FT bit doesn't in this case refer to the Financial Times.

Amundsen Spirit is due to sail from Scapa Flo at 16.00 BST tomorrow - her destination is listed as Rotterdam, presumably she will pick up a load on the way. So I guess unless ENQ has sold a load into Europe that unfortunately rules her out.

Stena Natalita is still at McDuff and we have Navion Oceania and Grena Knutsen off the Dutch coast.