FMG 3.10% $22.60 fortescue ltd

their first ship is an unlucky ship

  1. 6,716 Posts.
    I see that Baosteels's Hengshan is the first customer ship for Fortescue.

    In 2001 I watched this ship ( or another iron ore carrier of the same name ) run hard aground on a reef in the Black Sea. It was stuck there for about three months while they sent a tugboat all the way from China to drag it off.

    Whether this makes the ship tough, unlucky, or both, I am undecided.
 
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