PRISCO and Novoship
Oil on the Move
(
Volume March 2007
)
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The report initiates coverage of two Russian companies that represent the oil shipping sector: Novorossiysk Shipping (Novoship) and Primorsk Shipping (PRISCO) with a BUY recommendation for both. The rating provided in the book reflects their growing array of revenue generating assets, the need for which has largely been driven by demand from the Russian oil sector.
