2024 Production Progress, page-306

**Update to previous post**

Reviewing last years loading rate our best was actually 22 days from start to finish to load 2 x bulk carriers if I'm correct so great to see we are doing better.
As I mentioned in the previous post, With the current rate (if we manage to load Berge B in 10 days) we will have completed 2 x bulk carriers start to finish in 15days. A saving of 7 days when compared to 2023 best loading rate.
Just as a bit of a number crunch
We have 184 days left this year minus the 4 days to load the Berge B takes us to the 4th of July.
Leaving 180 days of loading for the year.

180/15 * 2 = 24 Bulk carriers possible by end of year with no delays at the current rate of loading.
24 x 180,000 = 4.32M WMT by EOY
add the already shipped tonnes and we get 1.42 + 4.32 = 5.74M WMT at the (above suggested) current production rate - We haven't doen it yet.
This leaves no time for delays or bad weather etc. so we really need to step up the shipping rates.
Unless there's some dramatic change I'm finding it hard to see us making guidance.
At our (current) best rate we will be 3.1 boats short of the 6.3Mt target which is 25 days minimum to load or 3,111 tonnes per day additional we need to be loading.
Again with no allowances for delays or bad weather.
Anyway, just my current thoughts on the matter. I am always very hopefull and look forward to seeing the production increases that will put my mind at ease.

This all thumb suck numbers as I have no ability to see into the future just thought I'd put it our there.

GLTAH Please DYOR