dbct news, page-3

From article in December

" Greg Smith, GM of the port's operations at Babcock & Brown Infrastructure Group said that "There is obviously a downturn in the market. The number of ships arriving is directly related to global steel production."

The drop in coal vessels won't affect Babcock's revenue, however, since all its contracts are on a take or pay basis, which means users of their services will have to pay a specified amount even if the services aren't used."

http://steelguru.com/news/index/2008/12/11/NzQ5MzM%3D/Slowdown_signs_-_DBCT_expects_vessel_arrivals_in_December_down_to_half.html