re: did my e-mail post work?
As promised, I e-mailed MSC regarding their barge.
I know there are other issues, but it seems if MSC can get shipments flowing their share price will easily double.
Time will tell I guess.
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I sent the below message to MSC:
There are concerns that the barge will slow down shipments due to it's lack of capacity. Does the company have the ability to reduce any delays?
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Received the following reply:
"No fears, River barge loading is quite common practice. Our barge carries 700 tonnes per load and we will hire in a 3000 tonne vessel as required to avoid demurrage. Loading is by spreader bar which hoists up to 12 1 tonne bulk bags at a time, regards
Vic Alexander"
MSC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held