baltic dry still rising..up by 34 to 1070, page-8

  1. 5,227 Posts.
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    barry111,

    Your analysis may be a little flawed.

    BHP will still ship in lots of 10t, just send fewer ships (I work in transport and supply chain)

    so the calc is

    profit = (10 x 5) - 20 = 30

    If BHP sold 60t in total for the year, they would only ship 6 ships, for a profit of $180, rather than ship 10 ships for a profit of $100 (as per your reasoning)

    They just send fewer ships, but still load them up

    HT1
 
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