Hi Idle
Given you are tracking the shipping here are you surprised we have only seen one ship for the month so far?
I wonder if they are having to do some upgrades to enable processing of the higher grade material that is causing things to slow for the moment?
My thinking is that we will need to start seeing roughly 5 bulk carriers per month (400kt) to get to 1200kt per quarter.
By the time you factor in quarantine and loading times, I would be expecting to see the bulk carriers queueing at the anchorage?
Ships loading at AUKOI., page-116
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