Despite a nearly 1-million ton increase in coal shipments on the Great Lakes in December, the surge was not enough to enable the trade to outperform 2013, the Lake Carriers’ Association (LCA) said, reporting that shipments for the year totaled 24.5 million tons, a slight decrease compared to 2013. The December surge was possible because heavy ice did not form on the Lakes until January of this year. Shipments totaled 3.1 million tons, an increase of 43 percent compared to a year ago, while shipments from Superior, Wisconsin, rose by 39 percent, and loadings at Lake Erie terminals soared by more than 70 percent. However, for the year, only the Ohio port range registered an increase. According to LCA, shipments from Toledo, Sandusky, Ashtabula and Conneaut totaled 8.5 million tons, an increase of 26.3 percent. The 706,000 tons loaded in Conneaut were the first that dock has shipped since 2008. Shipments from Lake Superior ports totaled 14.1 million tons, a decrease of 6.2 percent, and loadings out of Chicago fell 34 percent, LCA said.
Iron ore shipments on the Great Lakes totaled 6.3 million net tons in May, an increase of 16.4% over April, and an increase of 106% compared to a year ago. Shipments were also up 4.6% compared to the month’s five-year average. May loadings at U.S. ports increased 118% compared to a year ago. Shipments from Canadian ports rose 38%. Year-to-date the Lakes ore trade stands at 15.8 million net tons, an increase of 140% compared to the same point last year
On Tuesday, August 31, U.S. Customs and Border Protection Officers at the Port of Sweetgrass, MT refused entry on a shipment of Chinese porcelain vases coming from Canada which contained an unknown plant material present throughout the entire shipment. CPB Officers used Vehicle and Cargo Inspection gamma ray technology to inspect the container, which showed an unmanifested substance inside all 83 vases. Further inspection of the material revealed three to four inches of a wheat-like
The Ports of Indiana handled 8.1 million tons of cargo in 2011, the largest annual tonnage since 2006. New ethanol and dried distillers grains (DDGs) shipments combined with gains in limestone, salt and steel cargoes fueled a 5 percent increase in total shipments moving through Indiana's three ports. "Despite continued economic uncertainties, this was the fourth consecutive year our ports experienced growth," said Ports of Indiana CEO Rich Cooper
The Lake Carriers' Association reported that iron ore shipments on the Great Lakes total 19.2 million tons through the end of June, a 17 percent decrease from a year ago and the trade’s long-term average. Higher water levels have not been able to offset the interminable delays suffered during the winter of 2013/2014. Shipments from U.S. ports through the second quarter stand at 16.8 million tons, a decrease of nearly 19 percent compared to a year ago
Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays, the Lake Carriers’ Association reported. Shipments from Lake Superior ports totaled 1.5 million tons, a slight decrease from a year ago, while loadings on Lake Michigan totaled 209,000 tons, a decrease of 33 percent compared to a year ago. Lake Erie was the one port range to register an increase
North American commodities for the industrial and manufacturing sectors drove an uptick in tonnage numbers along the Great Lakes-Seaway System. The St. Lawrence Seaway reported a 9.8 percent increase for total cargo shipments in October – 4.4 million metric tons – compared to October 2011. For the period March 22 to October 31, year-to-date total cargo shipments were 29.5 million metric tons, a rise of 1.4 percent over the same period in 2011.
Continued demand for iron ore, coal, and general cargo for the industrial and manufacturing sectors lifted the tonnage numbers along the Great Lakes-Seaway System to the positive column. For the period March 22 to November 30, year-to-date total cargo shipments were 34.6 million metric tons, a rise of 2.67 percent over the same period in 2011. The St. Lawrence Seaway reported an 11 percent increase for total cargo shipments during the month of November – 5
Total cargo shipments on the St. Lawrence Seaway have surpassed 2013 levels despite one of the most difficult starts to the shipping season in years due to ice coverage. According to Seaway figures, total cargo tonnage from March 25 to August 31 reached 20 million metric tons, up 3 percent over the same period last year. Vanta Coda, Executive Director of the Duluth Seaway Port Authority, said, “It’s taken several months to even get close to catching up from the icy start to this
The third shipment of four gates for the new locks of the Panama Canal Expansion has arrived to the Atlantic entrance of the waterway, the Panama Canal Authority announced The four gates arrived Sunday on board the Post-Panamax vessel Xia Zhi Yuan 6 owned by COSCO Ocean Shipping. The shipment began its journey from Trieste, Italy on August 17 before crossing the Atlantic Ocean to reach the entrance of the Panama Canal, where they will be unloaded onto a special temporary dock.
The dry bulk market has been devastating so far in 2015. However, June has somehow reversed it all in less than three weeks if judged by the Baltic Dry Index (BDI). June has delivered what May was unable to – keeping the momentum going
Stolt-Nielsen Limited today reported unaudited results for the second quarter ended May 31, 2015. Net profit attributable to shareholders in the second quarter was $42.5 million, with revenue of $500.7 million, compared with a net profit of $38.7 million, with revenue of $487
According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV. NITC has recently announced that after buying 20 oil tanker from China during the last two and half
Shipments of limestone on the Great Lakes totaled 4,042,766 tons in June, an increase of 6 percent compared to May, and 9-plus percent compared to a year ago, according to figures reported by the Lake Carriers' Association (LCA). The June stone float is also the highest monthly total
GS Caltex to buy 920,000 barrels of West African crude; first West African shipment in almost a year. South Korea's GS Caltex Corp is set to receive its first shipment of West African crude in almost a year as the country looks to diversify supply away from the Middle East.
Egypt received a cargo of liquefied natural gas from Australia after the exporter sent two shipments to the region in the past two years, signaling increasing demand, reports The Daily Star. The Woodside Rogers tanker arrived at Egypt's Ain Sokhna terminal Thursday after loading at
As many as four VLCC tankers could take North Sea crude oil to Asia this month, shipping fixtures show, after an Atlantic Basin supply glut forced prices to multi-year lows. The Samco Europe, Bunga Kasturi Empat, Britanis and Starlight Venture VLCCs - very large crude carriers - have been lined
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.6 million tons in May, an increase of 53 percent compared to ice-impacted April, and 4 percent better than a year ago and the month’s 5-year average, according to the Lake Carriers’ Association (LCA)
Poland's newly appointed treasury minister Andrzej Czerwinski said on Wednesday that first shipments of liquefied natural gas (LNG) to the terminal at the Baltic Sea are most likely to come in autumn. "From the projects I looked at it seems obvious that the LNG terminal is the key
Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port. Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction of the pad is slated to begin in September
CN Railway expands Gulf gateway focus in signing supply chain agreement with Port of New Orleans The Port of New Orleans and CN signed a memorandum of understanding (MOU) that will see the parties develop greater supply chain efficiencies aimed at drawing more container traffic through
Brazilian steelmaker Usiminas intends to cancel its iron ore shipment contract with the Sudeste Port, a private terminal near Rio de Janeiro, the port said on Friday. The statement did not say how much Usinas Siderurgicas de Minas Gerais SA, as the company is formally known
U.S.-flag Great Lakes freighters (lakers) moved 10.8 million tons of dry-bulk cargo in May, their highest total for that month since 2008. The surge is at least partially attributable to the fact that no ice delays were experienced this May.
Brazil was due to publish a tariff increase of 11.75 percent on imported ethanol on Monday, and the traders in U.S. ethanol, which makes up the bulk of imports to Brazil, were concerned about the move, expected to benefit local mills. In late May, the Senate passed Bill 668
Move comes amid worries of seasonal dent in Alaskan supply; gap between U.S., international crude prices narrows. Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S