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Cotton & Western Mining In CWRN
Posted On: 05/11/2014 11:41:14 PM
Post# of 8059
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Posted By: microcaps
Re: ClarkGriswold #6399
these engines power the ships and determine a large part of the freight cost of bulkers

-remember the long series of calculations I did in Oct 2011 to arrive at a cost of 13-15/ton for Panamax ships for an Ensenada to China voyage-(due to a frequent glut of ships since 2006 such ships are often rented below cost)

which aligns with the $16/ton shipping cost CWRN expected for the last ship -a 80256 DWT Panamax














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