U.S.-Flag Lakes

Friday, November 12, 1999
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. Since the resumption of navigation in early March, U.S.-Flag ore cargoes stand at 27,357,063 net tons, a decrease of 10.5 percent. Coal shipments in U.S.-Flag lakers declined slightly from a year ago. For the season, U.S.-Flag coal loadings are down by 95,000 tons. The U.S-Flag stone trade almost pulled even with a year ago; the July fall-off is perhaps just five boatloads, but for the season, loadings are down by nearly two million tons. July began with 60 of the 69 U.S.-Flag lakers in service, a decrease of five hulls compared to a year ago. During August, one of the idled vessels returned to service to resume grain deliveries, but reduced demand for iron ore required four other vessels to enter short-term lay-up.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Østensjø Rederi Orders Another Wind Farm Vessel

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0542 sec (18 req/sec)