John (loads of money) Banaszkiewicz is almost counting the cash after selling Cleartrade Exchange.
(Banaszkiewicz cashes in with Cleartrade sale to US)
“I can tell you, if I had done one single thing wrong, the US Justice Department would be on my tail. This is pure libel to denigrate my name and it will be replied [to] properly by my US counsel.”
Victor Restis reacts strongly to claims from pressure group, United Against Nuclear Iran, that the shipowner is connected to sanctions busting deals.
(Restis refutes allegations over Iranian 'involvement')
“My mother is Jewish so this is a very sensitive subject. This situation hits to the heart of her soul, her beliefs. This is what makes these attacks so nasty.”
Upsetting a Yiddishe momme is a very serious issue so Restis has more to worry about than just business.
(Restis torpedoes allegations)
“Growth is tailing off. This is what we need.”
One of those cases where decline is good....in this case Alex Gray of Clarkson Securities is referring to oversupply of capesize tonnage.
(Owners urged to limit capesize ordering to buoy rates)
“We don’t expect a miracle this year on earnings.”
Is Carsten Mortensen warning that he is not about to transform loss into profit.
(Norden invests big time to ride future recovery)
“Unsatisfactory, but in line with expectations.”
No surprises from Jan Kastrup-Nielsen of J Lauritzen as a fellow Dane reports a more than $25m loss.
Clearly a skill that would be useful if one ran away and joined a circus.
(Standard Club in profit as it changes helmsman)
“We have also seen interest and joint venture proposals from smart money coupled with existing players.”
Guess smart money trumps dozy money, but is it that different to even grubby money providing it carries George Washington’s portrait?
(US crude boom sparks Jones Act tanker revival)
“We can’t really see anyone walking out with losses in the long-run from a purchase made in this current market.”
Intermodal analyst, George Lazaridis, suggests it is a win-win situation as the dry cargo market reaches a pivotal point.
“Due to a complicated paper trail and a series of payments and kickbacks, it appeared Rainbow was actually providing trucking but, in reality, [the] defendants or their customers made other arrangements to move their goods from the factory to the port.”
Federal Judge Samuel Conti wrestles with what appears to be a phantom trucking scam.
(Appeals fly as MOL wins lawsuit over fake trucking)
“It’s got that Billy Elliot thing going on. You know, working-class people who maintain their dignity in the face of adversity.”
“Eagle currently has the longest debt runway among the distressed names in our dry bulk coverage.”
Michael Webber of Wells Fargo Securities can at least take comfort that Eagle Bulk is not at the top of a slipway.
