18/01/2012 - 09:35

The Lighter Note

18/01/2012 - 09:35

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The Lighter Note

Hull of a question

The Note has gone nautical for the first edition of 2012, prompted by receipt of a calendar from shipbuilder Austal, which came with a twist.

Austal has combined pictures of its ships, operations and premises with a quiz.

Each month has its owns questions, for which you can win a prize. The Note is stumped on needing a name for any one of the RAN’s eight Cape Class patrol boats, named after the geographical feature.

They will replace the Bay Class boats, which were named after … yes, that’s right, bays. 

Creative bunch, the navy. The Note hopes the next lot aren’t named after reefs.

 

Steel on issues nautical ...

Continuing on the maritime theme, The Note was intrigued by a snippet of news that Gindalbie Metals’ Karara joint venture partner Ansteel, a steelmaker, plans to set up a shipping company with China Ocean Shipping Company (COSCO), a major player in that sector.

Did this have anything to do with plans for iron ore production out of the Karara project in the Mid West, we pondered?

Seeking a bit of a tip, The Note went to shipping experts Braemar Seascope for the inside word, and found out that such a move was expected.

“China has stated previously that it wishes to control more of its shipping requirements going forward,” Braemar’s Richard Williams said.

“While shipping is a critical component in the supply chain for all miners, it is even more critical in the case of a magnetite miner, whereby the ore is beneficiated on-site before being transported by slurry pipeline a great distance to the port where it is dewatered and stockpiled for shipment.

“This process, once started, is very costly and difficult for the miner to stop hence the need for regular and precise shipments is magnified to match to the mine’s output.”

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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