Patek Philippe

One of our vessels happened to visit Estonia and loaded 100,000 tons of crude oil from here to north China, Singapore or US Gulf. We don't know as the cargo is not sold yet. Anyhow, where ever the ship sails, I'm loosing one Nautilus every second week. Sh...  

That's quite a view from there..!! Surely this can't always make a loss or you'd make no money for all these gorgeous watches :) Hope your visiting the UK when your passing :) Yours my friend, Andy.

I have made incredibly much losses during the last five years. I have left just my underwear and a couple of watches. Anyhow, these tankers are fun to look at. Darja was very impressed and she wants to jump onboard one of the vessels and sail somewhere to... 

Pity your not over the week before as I'm off work that week and would def have come down to London to meet you and funny Darja :) But I'm sure the local Purists will take care of you this time. Have fun my friend, Andy.

let's see. My daughters consider London one of the top spots of the world. No, they do not speak about museums or musicals - they speak about shopping. Best, Kari

Shipping is cyclical, and I am sure it won't be too long now (although yesterday's China PMI numbers are worrying). A Nautilus belongs on the captain of the ship. Ahoy there!

as I have been watching this business for over 40 years out of which 39 years from behind the office desk. When I was 15, I went to work onboard. Those days Nautilus was still unknown but I thought that becoming the Captain would mean also wearing some ni... 

I looked like a Commander. Commander Che. Unshaved, no socks, cigars in the chest pocket and jeans. The main differences between Commander Che and me were that Che was skinny, I a lard ass. Furthermore, I had my Harley shirt and I don't think H-D was the ... 

A Nautilus taking us into an industry and world few of us would know (and a 3712 no less). Thank you for the brief journey. And here is to the business cycle, with those losses soon turning to profits!

Into the world of oil tankers. Would the one that you show be what they call a super tanker? There are a number of ships that I would love to see for real, such as a Nimitz class aircraft carrier, a "Boomer" or hunt killer sub, A traditional battleship su... 

My London dates will be 25th June till 28th or 29th. When we meet, we can discuss about possibilities to join a tanker. We have vessels very often in UK. Nothing is impossible, not even getting a 5131G! A supIer tanker... I don't know what it is even I ha... 

!!!

...but oil tankers are one of my favorite things. So from my POV you are one lucky guy!

A paradize ... for the 5712. Thanks for sharing the experience Kari :) Cheers, Mark

Impressive in many ways!!!!!!!!!!!

then what makes 3712 so much worse that it deserves a stinky tanker? Best, Kari

Didn't know that shipping was such a difficult business to be in these days. Thank you for sharing these valuable insights and for giving us a tour. Much appreciated. And like your wife, I would've been very curious to see the boat!

There are in the world around 1,000 tankers of the same size we visited. During the past year these vessels in average have lost $ 15,000 per day per vessel. That means 15,000,000 losses every day. That again means around 5.475 billions every year. The bi... 

Thanks Kari for this very fascinating post and superb pictures! I was curious why the industry was having trouble so I did a quick search and came up with a recent article in the Wall St. Journal that was very interesting helped explain things. I don't kn... 

But in my books it means only one thing: First the weakest ones go under liquidation, then the tonnage starts to consolidate and ultimately the market starts to improve. The volatility in the shipping industry is really strong. I can see a very bright fut...