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Chinese smelters may be able to get better treatment terms from Freeport but the volume of tonnage that can be allocated over the full year is uncertain.
“Despite that, we welcomed a record number of cruise ships, increased our shipping tonnage, and supported our communities as well as the natural habitat of the Cromarty Firth.
Source: https://www.insider.co.uk/company-results-forecasts/cruise-shipping-growth-helps-port-31059744
In addition, Max controls the RT Gold project (100% earn-in) in Peru, encompassing a bulk tonnage primary gold porphyry zone, and 3-km to the NW, a gold bearing massive sulphide zone.
Source: https://investingnews.com/hudbay-s-copper-world-project-receives-positive-permitting-update/
In terms of lease liabilities, yes, we're taking on more chartered tonnage, so you'll expect naturally for 2024 to see an uptick in the cash out associated with lease liability repayments.
It is estimated that by next February the timetable waiting list for crossings, with all tonnage and draft restrictions, will have doubled, meaning the normal traffic capacity of the fluvial waterway will be less than half.
Moreover, the driver, the shortage of open tonnage on the market, is being exacerbated by MSC’s insatiable appetite for buying second-hand ships.
Source: https://gcaptain.com/msc-is-bleeding-the-charter-market-dry/
Namely, lower fuel surcharge revenue, tonnage, wage inflation, and lower pension income.
Ocean carriers will have to consider downsizing vessels deployed on the Asia-US east coast Panama Canal loops, but voyages with smaller tonnage could lose money unless the lines are able to raise rates substantially.
Source: https://gcaptain.com/panama-canal-drought-seen-sending-transpacific-container-rates-north/
Okay, just one last point, if I may, Eric, what would be your outlook, maybe for tonnage growth, for the second half of the year?
Paper tonnage in recycling bins has dropped in the South of Tyne area since 2014.
Source: https://www.chroniclelive.co.uk/news/north-east-news/blue-bin-collections-not-sustainable-27133434
Prior to Bangladesh’s decision, the Hong Kong Convention had been ratified by 20 nations, representing approximately 30% of the world’s gross tonnage of merchant shipping.
Source: https://gcaptain.com/top-shipbreaking-nation-bangladesh-moves-to-ratify-the-hong-kong-convention/
Repairs could allow the port to handle more shipping, Varela said, and give him a chance to boost port tonnage by more than 50%.
Solid Waste Superintendent Val Keller says with the amount of tonnage they bring in every year, they estimate the new cell will provide disposal capacity for about 14 years.
Source: https://drgnews.com/2023/12/23/pierre-looking-to-expand-landfill-searching-for-dollars-to-do-it/
There is a need for review and to specify certain requirements to enable registration/operation of quality tonnage under the Indian flag, the order said.
The reserves have been classified as approximately 59 percent proven and 41 percent probable on a tonnage basis.
Source: https://investingnews.com/steppe-gold-announces-2022-annual-financial-results/
These holes will test the down dip continuation of the Perry Zone and the recently identified strong CSAMT anomaly beneath the Red Hills bulk tonnage target.
“We don’t know exact tonnage figures, but people overall are reporting a pretty decent jump over the past couple of years.”
With a gross tonnage of 250,800 — five times the size of the Titanic — Icon of the Seas will snatch the title of the world’s largest cruise ship from Royal Caribbean’s current flagship, Wonder of the Seas.
Source: https://punchng.com/worlds-largest-cruise-ship-to-set-sail-as-industry-rebounds/