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Limestone Trade

2013 Shows Slight Jump in Great Lakes Limestone Trade

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According to data compiled by the Lake Carriers’ Association, shipments of limestone on the Great Lakes totaled 27.6 million tons in 2013, an increase of 1.7% compared to 2012. The trade was, however, 4% below its long-term average. Shipments from U.S. ports totaled 23.9 million tons, an increase of 5.7% compared to 2012. That total is also the highest for U.S. ports since 2008. Shipments from Canadian ports totaled 3.7 million tons, a decrease of 18% compared to 2013. The stone trade was pretty well wrapped by mid-December. Shipments during the ice season that statistically began on December 16 totaled 313,000 tons, or 25% of the December float. The limestone trade does typically end sooner than iron ore and coal as much of the stone moving on the Lakes is washed prior to loading into vessels and hence susceptible to freezing as temperature plummet. lcaships.com  


Lakes Limestone Trade Up More Than 6% in September

great lakes limestone september 2013 (Eric Haun).jpg

Shipments of limestone on the Great Lakes totaled 3.5 million tons in September, an increase of 6.2% compared to a year ago. The September total was, however, 4.9% below August’s tally. Shipments from U.S. ports totaled 3 million tons, an increase of 8.1% compared to a year ago. Loadings at Canadian quarries – 467,000 tons – dipped by the equivalent of one cargo in a 767-foot-long laker. Year-to-date the Lakes limestone trade stands at 19.9 million tons, a decrease of 2


News: Lakes Shipping Down 1.4 Percent in 2002

Dry-bulk cargo movement on the Great Lakes totaled 162.3 million net tons in 2002, a decrease of 1.4 percent compared to 2001 and a drop of 6 percent compared to the 5-year average. Iron ore shipments totaled 58.9 million net tons in 2002, an increase of 5.8 percent compared to 2001, but a decrease of 9.2 percent compared to the 5-year average. North American raw steel production totaled an estimated 101.7 million tons in 2002, an increase of 2


Lakes Limestone Trade Down 3.6 Percent in 2012

Shipments of limestone on the Great Lakes totaled 27,145,219 tons in 2012, a decrease of 3.6 percent compared to 2011.    The trade was 7 percent below its 5-year average. Shipments from U.S. ports fell 2.4 percent when compared to 2011, and slightly more – 4.1 percent – when compared to their 5-year average.  Loadings at Canadian quarries decreased 9 percent compared to 2011, and slipped almost 19 percent compared to their 5-year average.


Great Lakes Coal Trade Down Almost 25 Percent in August

Shipments of coal on the Great Lakes totaled 2,956,930 net tons in August, a slight dip compared to July (131,000 tons), but a decrease of almost 25 percent (959,000 tons) compared to a year ago. Loadings at Lake Superior ports fell 26.7 percent compared to a year ago.  Shipments from Lake Michigan terminals rose nearly 71 percent.  Loadings at Lake Erie docks slipped 35.7 percent. Year-to-date, the coal trade stands at 15,656,348 tons, a decrease of 16


Great Lakes Freeze Cost Economy $705m, 3,800 Jobs

The crew of Coast Guard Cutter Mackinaw, homeported in Cheboygan, Mich., conducts an escort on Lake Superior near Whitefish Point April 3, 2014. (USCG photo)

The seemingly glacial ice that brought shipping on the Great Lakes to a virtual standstill last winter cost the economy more than $700 million and nearly 4,000 jobs, the Lake Carriers’ Association (LCA) reported, promting the group to to call for construction of a second heavy icebreaker to partner with the U.S. Coast Guard’s MACKINAW to keep the shipping lanes open in the harshest of conditions.   According to LCA, the winter of 2013/2014 was so brutal that U.S


Ice Damage Repairs Hurts Lakes Cargo Totals

With three of the largest U.S.-flag lakers out of service for a combined 65 days in May to repair damage suffered in the heavy ice in March and April, cargo movement in U.S. hulls fell nearly 5 percent compared to a year ago. Shipments totaled 9.6 million tons. Had the three 1,000-footers been in operation the whole month, they would have carried another 600,000 tons and the fleet would have registered a small increase over May 2013.


U.S.-Flag Lakers' September Cargo Up 7.6 PCT

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U.S.-flag Great Lakes freighters (“lakers”) carried 10.1 million tons of dry-bulk cargo in September, a decrease of 2.7 percent compared to August, but an increase of 7.6 percent compared to a year ago.  The September float was also virtually tied with the month’s 5-year average.   Iron ore cargos for the steel industry increased 16.3 percent compared to a year ago.  Limestone cargos for construction, steel production


Oglebay Norton Sells Six Vessels

Oglebay Norton Company announced that its wholly-owned subsidiary, Oglebay Norton Marine Services Company, LLC, has completed the sale of six of its nine remaining self-unloading freighters for $120 million to American Steamship Company, a wholly-owned subsidiary of GATX Corporation. Acquired were: M/V Oglebay Norton, M/V Columbia Star, S/S Armco, S/S Middletown, S/S Courtney Burton, and M/V Fred R. White. The Company is also


Great Lakes Iron Ore Dips in Oct

Iron ore shipments on the Great Lakes totaled 5.7 million net tons in October, a slight decrease from both a year ago and the month’s 5-year average. Shipments from Canadian Seaway ports reacted much quicker to the downturn in steel production, falling some 32 percent from a year ago. U.S. ports actually outperformed a year ago, but shipments did start to fall off in the final week of October. For the year, the Great Lakes iron ore trade stands at 51


Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste. Marie, Michigan are among 16 locks that form the Great Lakes St


Nexen Closing Crude Oil Trading Division

Nexen Energy, a wholly owned subsidiary of China's CNOOC Ltd, is closing its crude oil trading division following a round of job cuts announced last week, four market sources said on Monday.   The Calgary-based company, which was acquired by state-controlled CNOOC in 2013 for $15


Maersk Predicts Container Traffic Demand Growth

Pic: Maersk Line

 As freight rates are expected to continue to decline due to oversupply, the container shipping demand is expected to grow 3-5% this year, according to Lars Mikael Jensen, chief executive of Asia Pacific region at Maersk Line.   He said supply growth as ships ordered several years ago


Mercuria Expanding Maritime Fuel Business

Photo: Mercuria Expanding Maritime Fuel Business

Company will hire 20 to 40 bunker fuel specialists   Independent energy and commodities group Mercuria’s global head of trading discussed the expansion of the group's maritime fuel business, Minerva.   "We believe we are forging a strong new model in the maritime fuel


Asia: LPG Shipping and LNG Pricing

Image: Navigator Gas

 While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution.  


NewLead Holdings' Tanker contracted

Courtesy of NewLead holdings

  NewLead Holdings Ltd. announced today that it has entered into its first Contract of Affreightment for one of its bitumen tankers vessels, the Katerina L, for the transportation, within a ten month period, of a minimum of 31,000 tons of bitumen over ten voyages, or


Building Unions Return to Kentucky Refinery

  Workers represented by the Building Trades Unions will return to Marathon Petroleum Corp's refinery in Catlettsburg, Kentucky on Monday, even as a strike by the United Steelworkers drags into a second week, documents obtained by Reuters show.


Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be sold in Asia, Yamal LNG said on Friday.  


Video: Coastguards Continue Great Lakes Icebreaking

Image: USCG

Continued icebreaking operations from the U.S. and Canadian Coast Guards open maritime lanes for commercial vessels The U.S. and Canadian Coast Guards are jointly continuing Operation Coal Shovel, the seasonal domestic icebreaking operations in the southern part of Lake Huron, Lake St


Trafigura Fixes Australian LNG Cargo

Swiss-trading house Trafigura has purchased one of three liquefied natural gas (LNG) cargoes offered by Australia's North West Shelf export plant as part of a tender awarded late last week, four traders said. The winners of the remaining two cargoes are thought to be a mid-size oil major and a


Outlook for India's Seaborne Dry Bulk Trade

  Hinode Maritime Conferences have announced their "2nd Annual Conference on the Outlook for India's Seaborne Dry Bulk Trade". Considered the largest conference in India on Dry Bulk Trade to be held on January 22, 2015 at Hotel Vivanta by Taj-President Mumbai


Great Lakes: US Cargoes Surge on Milder Weather

Photo courtesy: Lake Carriers Association

With the vast ice fields of December 2013 a distant but still troubling memory, U.S.-flag cargo movement on the Great Lakes this past December rebounded significantly.  Shipments totaled 9.6 million tons, an increase of nearly 35 percent compared to a year ago


Largest Cargo Year Ever for Port of Indiana-Burns Harbor

Photo: Port of Indiana-Burns Harbor

Port of Indiana-Burns Harbor records 2014 as highest shipment year in its 44-year history   The Port of Indiana-Burns Harbor handled more shipments in 2014 than any year since the port opened in 1970. Total tonnage was up 30 percent over 2013 driven by strong shipments of steel


LCA Calls for New Icebreaker on the Great Lakes

The crew of Coast Guard Cutter Mackinaw, homeported in Cheboygan, Mich., conducts an escort on Lake Superior near Whitefish Point April 3, 2014. (USCG photo)

The ice that brought shipping on the Great Lakes to a virtual standstill last winter cost the economy more than $700 million and nearly 4,000 jobs and has prompted Lake Carriers’ Association (LCA) to call for construction of a second heavy icebreaker to partner with the U.S


Canaveral Upgrades Bulk Conveyor System

The Bahamas Spirit discharges limestone at South Cargo Pier 4 at Port Canaveral. (Photo courtesy of the Port of Canaveral)

The new $1.5 million bulk conveyor system at Port Canaveral was utilized for the first time by Martin Marietta when the Bahamas Spirit discharged limestone at South Cargo Pier 4.   The Canaveral Port Authority invested in the system with Martin Marietta to enhance terminal operational






 
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