Iron ore shipments on the Great Lakes totaled 6.5 million net tons in September, an increase of 8.2 percent compared to a year ago. The trade also outperformed the month’s 5-year average by nearly 9 percent. Despite the increases, the iron ore trade continued to struggle with the inefficiencies inherent with lack of adequate dredging. The largest iron ore cargo in September – 66,761 net tons – still represented only 92 percent of the record cargo carried in 1997, a period when water levels allowed for near full loads. For the year, the iron ore trade stands at 45.6 million net tons, an increase of 9.8 percent compared to a year ago. Shipments also are ahead of the 5-year average for the first three quarters by nearly the same margin. (www.lcaships.com)
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
U.S-Flag cargo movement on the Great Lakes in July fell by 1.5 million tons compared to the same period last year, the largest decrease in recent memory. The season-long string of monthly decreases now amounts to a five-million ton shortfall compared to the same point in 1998. Iron ore cargoes loaded into U.S. bottoms in July totaled 5.9 million tons, a decrease of 18.2 percent. However, the season-to-date total for iron ore is directly tied to the continued unfair trade in steel
Iron ore shipments on the Great Lakes totaled 6,551,329 tons in August, a decrease of 7 percent from July, but an increase of 9 percent compared to a year ago. August loadings also were up 24.6 percent compared to the month’s 5-year average. Shipments from U.S. ports totaled 5.8 million tons, an increase of 14.2 percent compared to a year ago. However, loadings at Canadian ports dipped more than 20 percent. Through August the iron ore trade stands at 36
Iron ore shipments on the Great Lakes totaled 5.8 million tons in November, an increase of 2 percent over October, and an increase of 8 percent compared to a year ago. November loadings were also up about 8 percent compared to the month’s 5-year average. Shipments from U.S. ports totaled 5.2 million tons, an increase of 9 percent compared to a year ago. Loadings at Canadian ports were virtually unchanged from a year ago. Through November the iron ore trade stands at 54
Shipments of iron ore on the Great Lakes in January totaled 3.2 million tons, a decrease of 11% compared to a year ago. The comparison is somewhat problematic, as the locks at Sault Ste. Marie, Michigan, stayed open until January 18 in 2012, but closed on January 15 this year. The extra three days in 2012 were necessary to allow cargos to move that had been delayed by weather. A storm this January could have justified a similar extension. U.S
China Shipping Development Co. Ltd. (1138.HK) said its wholly-owned unit, China Shipping Development (Hong Kong) Marine Co. Ltd., has entered into an agreement with a mainland China shipbuilding firm to construct four very large iron ore carriers (VLOCs) for a total of $360.64m. It said it has contracted CSSC Guangzhou Longxue Shipbuilding Co Ltd to build the VLOCs, each of which will be used to transport iron ore. [Source: http://www.tradingmarkets.com]
Tokyo—Mitsui O.S.K. Lines Ltd. announced the completion of the 297,000-ton iron ore carrier Ore Sao Luis at the Universal Shipbuilding Corporation, Ariake Shipyard. The Ore Sao Luis will transport iron ore from Brazil mainly to China, under a long-term contract with Vale. Among those on hand for the naming and delivery ceremonies were Vale International General Manager, Shipping, Pietro Allevato, who named the vessel
'Valemax' iron ore carrier 'Berge Aconcagua' docks in Japan's Oita Port, a first for this type of ship According to '4-Traders', Brazilian mining company Vale SA informed that its Valemax iron ore vessel--one of seven large iron ore carriers currently operated by Vale--docked in Japan for the first time. The vessel, named the Berge Aconcagua, transported ore to Oita port for Nippon Steel Corporation (NSC). Valemax vessels can carry 400,000 metric tons of iron ore
U.S.-flag Great Lakes freighters carried 89.5 million tons of dry-bulk cargo in 2012, a decrease of 4.6 percent compared to 2011. The 2012 float was 1.5 percent off the five-year average for U.S.-flag lakers. U.S.-flag lakers carried 45.2 million tons of iron ore in 2012, or 73.3 percent of the total volume of iron ore moved on the Great Lakes last year. The 45.2 million tons of iron ore carried by U.S.-flag lakers represented a decrease of 4.3 percent from 2011.
ClassNK received the Safety at Sea Award at the Seatrade Awards 2013 held at Guildhall, City of London on May 10 for its efforts to improve the safety of nickel ore carriage.This marks the first time that ClassNK has received an award at the Seatrade Awards
At 32.8 million tons, total seaborne cargo throughput for the first three months of 2013 put the Port of Hamburg back on a growth course. The trend in bulk cargo handling, especially, fuelled the increase in seaborne cargo handling: In the first quarter of the year a total of 10
Heavy ice cover on the lakes that stretched well into April slowed resumption of the limestone trade. Shipments totaled only 1.8 million tons, a decrease of 28% compared to a year ago. Loadings are 21% off the month’s five-year average.
Shipments of iron ore on the Great Lakes totaled 5.6 million tons in April, a decrease of 9% compared to a year ago. However, loadings were 11% ahead of the month’s five-year average. Shipments from U.S. ports totaled 4.9 million tons, a decrease of 9.5% compared to a year ago
A recent upgrade to AtoBviaC’s end user applications for the BP Shipping Marine Distance Tables now means that users can adjust routes and obtain distances to match their own operations. The changes make it possible for the user to produce deviation reports following changes in voyage
Rates to ship iron ore, coal and grains rose for the longest streak in almost a year on speculation Chinese demand increased. The Baltic Dry Index gained for a 15th straight session, adding 1.4 percent to 912 today, according to the Baltic Exchange, the London-based publisher of shipping costs
China Rongsheng Heavy Industries delivers the ninth and tenth 380,000-dwt class Very Large Ore Carriers (VLOCs). Christened Vale Jiangsu and Vale Shinas, the two new Rongsheng-built 380,000 DWT class VLOCs have been delivered to Vale S.A. and Oman Shipping Company S.A.O.C. respectively.
U.S.-flag Great Lakes freighters (lakers) carried 2.2 million tons of dry-bulk cargo in March, a decrease of 7% compared to 2012. However, the fleet’s March float was marginally ahead of the month’s five-year average.
Vale SA of Brazil said it has increased access of its Valemax iron ore carriers to Asian ports. The company even docked one of its ships in China where a ban on the giant vessels has been in effect for more than a year, Reuters.com reported.
Iron ore exports start up at Long Beach: Western U.S. mines supply the raw material for shipment to Asia. Officials gathered dockside to celebrate the exporting of iron ore from the Port of Long Beach – a promising new line of business developed by SA Recycling
Greek shipowners order construction of iron-ore carriers in the belief that the 5-year charter-rate slump is coming to an end. The companies ordered 12 Capesizes last quarter, the most since the beginning of 2008, according to data from Golden Destiny SA, a shipbroker in Piraeus, Greece
Singapore’s Berge Bulk to sign a LOI for the constructions with CSSC Guangzhou Longxue Shipbuilding & CSIC Bohai Shipbuilding Heavy Industry. Singapore’s Berge Bulk is planning to place an order for up to eight very large ore carriers (VLOC) at China’s two state-owned
Classification society ClassNK receives the Technical Innovation Award from a Seatrade Sri Lanka Ports, Trade & Logistics Awards panel. The distinguished panel of judges awarded ClassNK with the Technical Innovation Award for its work in developing the Guidelines for the Safe Carriage of
The Pilbara Apollo, the latest addition to the RAstar 3200 escort tug series was delivered to its owners, Rio Tinto Ltd., earlier this year. The vessel was constructed at Uzmar Shipbuilding Industry Co. in Turkey and will operate at Rio Tinto’s iron ore export facilities at Cape Lambert
During April, 2013 new build prices for capesize, kamsarmax and ultramax vessels rose higher than in the previous month. Purchase prices for ships are often good indicators of financial health in the shipping industry. When shipping demand is expected to grow more than the supply of ships