30,000? Did you even read the announcement? 47,000 tons minimum per shipment on the Supermax. Clearly you are all fluff and of no real substance.
Obviously you have a problem understanding what you read.
What I said was
QUOTE
"So going forward at 30,000t/m for a quarter will equal a loss of A$5 million/quarter."
Its E25's intention to produce 360,000 tonnes annually for Stage 1.
Divide 360,000 by 12 months = 30,000t/m
I never mentioned anything about Supramax vessels
I stand by what I said 100%,
E25 will be losing $5 million/quarter on production of 30,000t/m x 3 months = 90,000t/qtr.
Ann: Revised Shipping Strategy Yields Substantial Cost Reduction, page-75
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