Now that we knowBao found a type of ship that can
Post# of 8054
Now that we knowBao found a type of ship that can do double duty for them so they can have a 2 way haul, The next puzzle piece, would be for them to find a continuous buyer for their rolled steel products with a delivery destination of Long Beach/L.A. They could get a discounted lease rates, with appropriate type ships, and long term contracts with the shipping companies. I'll bet in this environment the shipping companies would give a heII of a discount to get a continous haul 3 year contract. They (Bao) could then sign a long term buying contract with CWRN. At least this is what I would be doing if I were running the show! LOL! Thinks about this.. Right now there are probably no return load opportunities to Australia, or Brazil, and India is hoarding their iron ore for their own use, so this makes CWRN look like a sunflower in a dandylion patch to me..
Have a great weekend longs.. Oh and by the way! You guys did a great job beating up on those basher idiots all day! My eternal gratitude! I would try and get some posts back over there, but I hate those crooks so bad I would lose my new found posts as fast as I got them back! Take care, Guys and Gals! Here's to the day when we all get to meet, and the champagne glasses are held high, to the little mining company that thought it could!!!!!