Iron ore shipments on the Great Lakes reached their highest level so far this year in November. The trade totaled 4.6 million net tons, an increase of 27 percent over the preceding month. The upturn reflects higher operating rates at the nation’s steel mills that, in turn, have required the sailing of some U.S.-Flag lakers that had been idled. The most recent reactivation was on November 25 when the American Republic returned to service. The vessel was designed specifically to shuttle iron ore on the twisting Cuyahoga River in Cleveland, Ohio. Comparisons with a year ago and the month’s five-year average illustrate the depth of this recession. November loadings were six percent off the pace of a year ago, and nearly 14 percent behind the month’s five-year average. For the year, the Great Lakes iron ore trade stands at 27.5 million tons, a decrease of 50.1 percent compared to a year ago. The decrease is only slightly less when compared to the trade’s five-year average for the January-November timeframe – 49.3 percent.
Shipments of iron ore on the Great Lakes totaled 5.5 million tons in November, an increase of 7% compared to a year ago. The November ore float was also 4.1% ahead of the month’s five-year average, but trailed October by 7.7%. Shipments from U.S. ports totaled 4.9 million tons, an increase of almost 10% compared to a year ago. The November total included 366,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas
Shipments of iron ore on the Great Lakes totaled 6.4 million tons in July, an increase of 7% compared to June, but a drop of 8.2% compared to a year ago. Loadings also trailed the month’s long-term average by 6.5%. Shipments from U.S. ports totaled 5.7 million tons, a decrease of 5.2% compared to a year ago. The July total included 490,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas. Year-to-date overseas exports total 1,550,000 tons
Shipments of iron ore on the Great Lakes totaled 1.9 million tons in March, a decrease of 11.3% from a year ago. Loadings were 9.3% ahead of the month’s five-year average, however. Shipments from U.S. ports totaled 1.8 million tons, a decrease of 9.7% compared to a year ago. The March total included 116,000 tons shipped to Quebec City for loading into oceangoing vessels and delivery overseas. Shipments from Canadian ports totaled 113,000 tons
A relatively mild December on the Great Lakes allowed iron ore shipments to increase dramatically compared to a year ago when an early arriving winter blanketed the system with thick ice, the Lake Carriers’ Association (LCA) reported. Shipments totaled 6.3 million tons, an increase of 23.6 percent compared to a year ago, LCA said, noting that the biggest increase came from U.S. ports on Lake Superior. Meanwhile, loadings out of Duluth, Minnesota, Superior, Wisconsin
U.S.-flag Great Lakes freighters (lakers) moved 6.7 million tons of dry-bulk cargo on the Great Lakes in April, a decrease of nearly 6 percent when compared to the month’s 5-year average. Another brutal winter again spawned heavy ice formations Lakeswide that slowed the vessels that were put into service and delayed others’ sail date. With five of the six U.S. iron ore loading ports on Lake Superior, it follows that the iron ore trade was most affected by the ice fields
The Great Lakes Maritime community will honor Former Rep. James Oberstar on Thursday, May 8. All U.S.-flag vessels working the Great Lakes will lower their flags to half-mast in honor of Congressman Oberstar. Also on May 8, at almost the same time funeral services for Congressman James L. Oberstar are scheduled to get under way in Washington D.C., the U.S.-flag laker that bears his name is scheduled to arrive in the Port of Duluth-Superior to load iron ore pellets – a Great Lakes
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.6 million tons in July, a decrease of 9 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. The decline reflects that steel imports continue to command more than 30 percent of the U.S. market, according to the LCA, who added it takes approximately 1.5 tons of iron ore (and roughly 400 pounds of fluxstone) to make a ton of steel in a blast furnace
Duluth-Superior’s international shipping season winds to a close as last saltie departs; Great Lakes freighters make final push to mid-January This weekend signaled the ‘beginning of the end’ of the 2014 shipping season – as the last oceangoing vessel (saltie) to have called on the Port of Duluth-Superior this year departed just after midnight Friday – passing beneath the Aerial Lift Bridge at 12:26 a.m. Saturday morning.
Iron ore shipments on the Great Lakes totaled 5.9 million tons in September, a decrease of 7.3 percent compared to August, and 7 percent below the level of a year ago. Shipments were, however, 6.1 percent ahead of September’s 5-year average. Shipments from U.S. ports totaled 5,052,532 tons, a decrease of 10.2 percent compared to a year ago. Included in that total were 360,000 tons shipped to Québec City for final delivery overseas
The Port of Cleveland and its partner Kurtz Bros., Inc. have scored their first major user in the Port’s effort to market sediment for beneficial use. Great Lakes Construction, Co. has purchased 6,890 cubic yards of sediment for use in the Ohio Department of Transportation’s
As the debate continues both at home and abroad on carbon offsetting measures, the Chamber of Marine Commerce is urging stakeholders and governments to consider the environmental advantages and the competitive challenges faced by the Great Lakes-St. Lawrence shipping industry.
Québec Minister of International Relations and Francophonie Christine St-Pierre and Indiana Lieutenant Governor Sue Ellspermann today announced that the Province of Québec and the State of Indiana will launch a new partnership to intensify their collaboration in Great Lakes/St
U.S.-flag Great Lakes carriers lose a quarter-million dollars waiting 20 days for MacArthur Lock to reopen The 20-day closure of the MacArthur Lock at Sault Ste. Marie, Michigan cost U.S.-flag Great Lakes vessel operators nearly $250,000
Foreign steel, vessel repairs and a broken lock combine to cut U.S.-flag Great Lakes float 10 percent in August, according to the Lake Carriers’ Association (LCA). Continued high levels of steel imports, coupled with three large vessels idled for repairs and a lengthy closure of the
Shipments of limestone from U.S. and Canadian quarries on the Great Lakes totaled 3.9 million tons in August, an increase of 4 percent compared to a year ago, and even more, 10 percent, when compared to the month’s long-term average, according to the Lakes Carriers’ Association (LCA)
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.9 million tons in August, a decrease of 19 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). LCA said the ore trade was suppressed by continued high steel imports levels
Shipowners confident rates will climb on tighter tonnage supply; Shipowners seek rates premium for Australian coal cargoes. Freight rates for capesize bulk carriers could continue to recover as ship owners scent the possibility of higher cargo volumes on tighter tonnage supply, ship brokers said
Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive of Vale SA as the mining giant grapples with a downturn in the sector. Petroleo Brasileiro SA, as the company is formally known
Press release - While August is generally slower for Seaway traffic, U.S. ports handled a range of project cargo for their customers. “During the month of August, high value project cargo was on the move throughout the Great Lakes-St
In July, Jotun and Dalian Ocean Shipping Company (a wholly-owned subsidiary of China Ocean Shipping Company, Cosco Group), celebrated the 10,000th application of SeaQuantum, Jotun’s premium antifouling, to their 297,336-dwt tanker, Cosrich Lake.
The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
The Panama Canal Authority (ACP) has lifted scheduled vessel draft restrictions brought on by lingering draught conditions in the region. The ACP had previously set restrictions of 11.89 meters Tropical Fresh Water (TFW) to take effect September 8 due to the effects of an El
U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for harbor towing operations in Puerto Quetzal, a commercial cargo, container and cruise port located on the Pacific coast of Guatemala in
In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with an increase of $22 billion in gross domestic product, from $321 billion to $343 billion