A big deal in the shipbroking world

One of my Old companies...bit sad really but with such a bad market a normal occurrence.
A direct hit on SSY?

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Clarksons and Platou seal deal

Clarksons has completed the purchase of rival RS Platou ahead a schedule.

Andi Case and Peter Anker

London-listed Clarksons revealed the $441m swoop had been finalised in an update to the city this morning, that was accompanied by an increased profit projection from Panmure Gordon.

Andi Case, chief executive of Clarksons, said in a statement: “I am delighted to announce the completion of the acquisition of RS Platou and we look forward to welcoming the Platou team into the enlarged group.

“The priority now is to implement our integration plans and we are excited about the enhanced offering we will be able to provide our clients following the combination of the two businesses.”

Case has previously told TradeWinds the Platou deal is a direct hit on strategic target, while Platou boss Peter Anker has reached his goal of taking the company to the capital markets.

Anker will now take on a senior role as global head of broking at Clarksons.

Gert Zonneveld of Panmure Gordon says the takeover has been finalised more quickly than expected and dialled up his 2015 profit guidance as a result.

He is now projecting earnings per share of 157.6 pence for 2015, up 1.6% on his earlier forecast. His 2016 numbers are unchanged, with EPS set at 177.1 pence.

“The Platou acquisition should strengthen Clarksons’ global position in offshore broking and shipbroking, enhance its research offering and further elevate its position as the go-to specialist investment bank for offshore and shipping,” Zonneveld said.

Tradewinds

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congratulations to the 400th follower

Anant Saxena!

Who wins a lifetime supply of beer, pretzels and good luck...

Membership has its privileges

?

nice message

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Dear VS,

This is simply just my way to thank you for all the amazing blog content and your book The Virtual Shipbroker. 
I’ve now thanks to you managed an internship at a local niche shipbroking firm! We’ve been in contact with each other before and Iam so grateful for your answers and your kindness.

Wish you the best!

Kind regards, Joe

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You rock!

Oh and can someone please be my 400th follower - the suspense is killing me...

I know what you are thinking!

Alright Guys and Girls i'm back.

Thanks again for your patience. Was a great trip and have spent the last month or so getting back into the swing of my real life. Highlight of the trip was seeing Messi, Suarez and Neymar score against PSG (Zlatan also scored) at the Camp Nou in December. Shipping took a back seat.

I have many emails that need answering so I will get to them over the next week.

The books keep selling and I appreciate all the positive feedback. I need to write a new one this year - note to self.

++

Ability to predict behaviour

Brace yourself for some VS pseudo psychology - its been a while brewing in my head.

On the topic about what makes a good trader / shipbroker and also after watching Messi live at the Camp Nou - somehow it made me think of a TED talk I watched while surfing the net a while back.

This TED talk is about a thing called 'Theory of Mind' - and theory of mind essentially is about our ability (or lack of) to read someones else's thoughts. A mind reader no less. No this is not whack job stuff its actually scientific and there is a part of the brain that is either "active or not - or somewhere in between'. I wonder if a genius sports persons innate ability to 'predict' what is about to happen is what makes Messi and Ronaldo better than the rest? Could this also explain why some traders / shipbrokers are better than others. Trading is all about psychology.....predicting what the market will do...Pure economics people!

Here is the TED talk for those inclined

(I predict most shipbrokers will get bored after 1 minute.............see how easy this is)

Good to be back. Drop me a line to say Hi!