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 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
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
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
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
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
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.
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
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
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday due to higher demand for capesizes and gains across smaller vessel segments. The overall index, which factors in rates for capesize, panamax
MacGregor, part of Cargotec, has received an order for gravity self-unloading systems for two 29,800 dwt bulk carriers (lakers) from the Yangzijiang shipyard, in China. The vessels will be delivered late 2017 / early 2018 to Canadian Great Lakes operator, Algoma
Drewry forecasts dry bulk freight rates in 2016 will be, on average, lower than in 2015, as the medium-to-long term fundamentals for dry bulk shipping will remain challenging, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
On April 25, Great Lakes Shipyard hauled out the U.S. Coast Guard’s 125’ x 52’ Aids to Navigation Barge (12001). Using the Shipyard’s 770-ton Marine Travelift, the yard lifted the 620-ton AToN barge quickly and easily, and placed it on drydocking blocks.
The first two U.S.-flag lakers are on schedule to depart the Port of Duluth-Superior Tuesday, March 22, signaling the start of the 2016 commercial shipping season at this, the farthest inland port on the Great Lakes St. Lawrence Seaway (GLSLS) system.
At 12:01 a.m. today, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2016 shipping season. The locks at Sault Ste. Marie, Michigan are among 16 locks that form the Great Lakes St. Lawrence Seaway navigation system which extends from Duluth
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on bigger gains for the capesize index and improved activity across vessel segments. The overall index, which factors in rates for capesize, panamax
U.S.-flag Great Lakes freighters (lakers) moved 1,747,111 tons of cargo in March, more than double their total of a year ago, according to the Lake Carriers’ Association (LCA), who said the March float was also on pace with the month’s five-year average.
Automated rigid sail set to bring back wind-assisted propulsion for shipping. Onomichi, Japan – 8th April 2016 – In another important step towards bringing its rigid sail technology onto ships Eco Marine Power (EMP) has commenced work on the production of an EnergySail in Onomichi
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Tuesday on steady demand across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
Ohio Congressman David Joyce (R) has been named a 2016 Great Lakes Legislator of the Year by the largest labor/management coalition representing shipping on America’s Fourth Sea Coast. Great Lakes Maritime Task Force (GLMTF) annually presents the award to legislators who have promoted
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities extended gains on Thursday, mainly propelled by firmer demand for bigger shipping vessels. The overall index, which factors in rates for capesize, panamax
Vedanta Limited, India’s only diversified natural resources company today received the ‘Letter of Award’ for Redevelopment of Berth No.8, 9 and Barge Berths at Port of Mormugao, Goa (‘Project’) on Design, Build, Finance, Operate and Transfer (DBFOT) Basis.
A rise in iron ore trade, higher steel prices and increased scrapping have all contributed to recent improvements but the outlook is fragile April 19, 2016. The latest Dry Bulk Freight Forecaster from Maritime Strategies International* analyses the recent uptick in the Capesize market and
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities, on Tuesday rose to its highest in over five months on improved rates across vessel segments. The overall index, which factors in rates for capesize, panamax