by Hobieone » December 19, 2023, 6:49 pm
The $ side of the business still fascinates me; If FeOre goes for (keep the math simple) $100/ton and a boat can carry north of 25 thousand ton, who owns that multi-million $ cargo ? Even if it's all pockets in the same coat (i.e CleveClifs, USSteel, DTE), Who's money is it ? Bill's of Lading can be worded many different ways. What would be typical for a lake boat ?
Thankx
The $ side of the business still fascinates me; If FeOre goes for (keep the math simple) $100/ton and a boat can carry north of 25 thousand ton, who owns that multi-million $ cargo ? Even if it's all pockets in the same coat (i.e CleveClifs, USSteel, DTE), Who's money is it ? Bill's of Lading can be worded many different ways. What would be typical for a lake boat ?
Thankx