Some traders said last week that Morgan Stanley (NYSE:MS) will probably be loading North Sea Forties crude onto a gigantic crude carrier some time next week.
Hound Point, Scotland is the destination pointed out for where the Ashna will pick up the crude oil.
Ship brokers said Morgan Stanley has a one-year charter of the VLCC as of November 2009 at costs of close to $30,000 a day. Morgan also has an option to extend the time charter another year if they choose.
It's unclear whether Morgan Stanley will float the Ashna in the North Sea area again.
No comments:
Post a Comment