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maybe fob the handymax then... lady demet (10m draught) just anchored up near to the one you posted on the bing picture yesterday... heading to santarem... it’s about where sydney (6.5m draught) was anchored yesterday too... before setting off up river to itacoatiara... lots of shipping activity in this area... they must wait for the tide... or sea traffic control to give them a vacant dock landing time... they both look like different sizes of handymax...
I think I'm going to downgrade my barge capacity estimate to around 2kt for the large barge and 1kt for the small barge based on this:
"Different Types of Barges Used in the Shipping World" (October 2, 2019) https://www.marineinsight.com/types-of-ships/different-types-of-barges-used-in-the-shipping-world/ ===[ BARGE with size 180 FEET: This barge is least preferred as it can transport approximately up to 2000 Metric Tons of cargo. It has size specifications as follows: Overall length of the sideboard is 180ft (52.67m), Breadth of 50ft (15.24m) and Width of Ramp Door is 5.00 m. It has the dead weight of 1500 tons with 5tons/square metre deck strength
BARGE with size 230 FEET: These are generally called small-medium size barges and can carry up to 4000 Metric tons of cargo. It has size specifications as follows: Overall length of the sideboard is 230ft (70m), Deck Load of 8.0 tons / Square metre (uniformly distributed load) and the forward Sideboard of 2.44 m 8 feet. ]===
which would mean around 20-40 barges to fill a 40kt Handymax.
Cheers @tomcat - I knew I'd seen the use of the word "barge" somewhere. Here's the full quote from the original 21st May release:
"Cadence Minerals PLC - Heads of Terms - Iron Ore Mine, Amapá" (21st May 2019) https://www.lse.co.uk/rns/KDNC/cadence-minerals-plc-heads-of-terms-iron-ore-mine-amapa-b7c3tm3d9s7u1nj.html ===[ In March 2013, before the acquisition was completed the port facility suffered a ground failure which interrupted production and mining subsequently ceased in March 2014. Anglo American completed the sale in November 2013. During 2014, reconstruction work commenced at the port with some iron ore concentrate product being shipped during Dec 2013 and into 2014, via an interim barging solution The Amapá Project borrowed US$135 million senior debt from a banking group led by Intesa São Paulo and rebuilt 70% of the port. ]===
with a reminder that... during 2014... reconstruction work commenced at the port with some iron ore concentrate product being shipped during dec 2013 and into 2014... via an interim barging solution... and rebuilt 70% of the port... using $135m senior debt from a banking group led by intesa são paulo... agreements on the repayment terms of that debt facility being one of the two pre-conditions they’re focusing on at the moment... to trigger the stage 1 investment...
Actually it's stated in the RNS. LoL. From the 30th August one: "The approval of the JRP was a key step to Cadence's investment into the Amapá iron ore project. The project was formerly owned by Anglo American plc ("Anglo American") and Cliffs Natural Resources ("Cliffs") and consist of a large-scale iron ore mine, beneficiation plant, railway and private port ("Amapá Project"). Before its sale in 2012 Anglo American valued its 70% stake at US $462m in its 2012 Annual Report (100% US $600m)"
And in terms of ownership see the 7th June one: "Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that further to its announcement on the 21 May 2019 it has entered into a binding investment agreement ("the Agreement") with Indo Sino Pte. Ltd. ("Indo Sino") to invest in and acquire up to a 27% interest in the former Anglo American plc ("Anglo American") and Cliffs Natural Resources ("Cliffs") Amapá iron ore mine, beneficiation plant, railway and private port ("Amapá Project") owned by DEV Mineração S.A. ("Amapá")."
@Bannor. I'll have to dig up the evidence but my understanding from what I have read is the port attached to the project's yard was privately built to ship the iron ore and is privately owned by the project. The state owned port is to the right of that. It was only the private port which suffered the port collapse.
OBS 10:22 .... why do you think we would 'OWN' the port of Amapa rather than being granted permission to use/repair/develop it to extent required to service the mine / processing / loading etc as necessary.
I would imagine the 'Port of Amapa' would be state /govt owned & licensed for use by businesses / transport operators .... can you point to where it says well own the port rather than have permission to use/develop it?
I suspect there's not a lot of physical infrastructure to load oil through a flexible hose....
ob 10:15... just pointing out that it’s not us and them atm... it’s a combined team effort... amapa able to start up operations at the port to ship the stockpiles under protection of the jrp... whilst kdnc/indosino sort out the conditions needed to be met for the various stages of our further investment in the jv... with the aim to get amapa back into full production... funds from the sales of the stockpiles are to be reinvested in the capital development of the amapá project... not amapa’s funds to take... it’s quite possible... and very likely... that they go into the escrow account too... for safeguarding... until the purchase of amapa by pba completes...