This sounds contradictory to me;
“will be subject to an
annual pricing review between Galaxy and its customers in Q4 of each calendar year. The parties have agreed the pricing for FY 2018.”
Q4 calendar year is Oct/Nov/Dec but FY18 ended in June.......
@Thesi
From the quarterly;
“In addition, the US$16.5 million payment for the shipment completed in late June, secured by L/C, was received in early July.”
The shipment in late June was the Coreship for 16.5kt implying $1000 p/t pricing for this shipment.....