TomBoy, in asnwer to your questions on shipping rates early this morning:
- Mins transhipped 2.74 m t in June,
- MIns has currently done 1.52 m t in July, and
- i expect Mins to do about 2.5 m t in total in July at current rates or about 29.5 m t pa in July.
The data is in the above table 5 th column, take 1.52 (total in July) away from 4.26 (total in June and July) and you get 2.74 transhipped for June.
The transhipping rates for Mins will basically equal the shipping rates from now on other than minor movements in working capital month to month (eg about up to a 100 t tonne swing either way month to month depending on how full the bulk carriers are that haven't yet sailed at month end).
Cheers Dekka.
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