Chockdee
FMG will I presume get a fee for every towage from the other ships coming into Port Hedland, and there are 5870 odd ship movements a year at Port Headland. I don't know what the current fee is but I'll bet FMG has figured it will pay for itself pretty quickly. The announcement said price sensitive so it must be bottom line positive.
Iron Ore Price, page-8321
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