As part of the PFS, barging costs have been estimated to include the loading of river barges at Banda, river travel, transfer costs at Escravos, ocean travel to the floating transhipment facility, subsequent loading of OGV's and owner operating costs.
Kogi Iron Managing Director Iggy Tan said: "The Company is pleased with the outcome of the barging optimisation work which demonstrates that barging transportation of iron ore concentrate is not only a readily available and effective transport solution, but a most economic option.
This option extended the river barging
leg to reach a proposed stockpile site near the mouth of the Forcados River.
Removing refuse from Southeast Alaska communities has, since the late 1990s, become an important component of the barging
business in Alaska.
Within the oil and gas industry, it also provides oilfield support services, including barging
modules, drill rigs and drill rig consumables, "or anything they need to drill that hole with marine support," Craig Tornga, vice president of Crowley Petroleum Distribution says.