Ship Loading Indiana Steel For Export to Spain

Monday, June 11, 2007
About 11,000 tons of Indiana-made steel will set sail for Spain. The Julietta arrived at the Port of Indiana-Burns Harbor and was being loaded with hot-rolled steel coils from Mittal Steel in East Chicago, Ind. This is the first export shipment of steel through the Port of Indiana since 2005. There were a few export steel shipments between 2003 and 2005 – just over 55,000 tons total. In 1995, the port handled an all-time high 243,000 tons of exported steel.

The shipment is destined for Pasajes, Spain. Federal Marine Terminals, which serves as the port’s general cargo stevedore, will load the vessel today and tomorrow. Since the Port of Indiana also has year-round access to the inland river system, it does ship out some steel by barge which can eventually be exported to world markets after it is transloaded to ocean-going vessels in or around New Orleans.

The Port of Indiana generally handles more ocean-going cargo than any other U.S. Great Lakes port and about 15 percent of all U.S. steel trade with Europe. In 2006, the port set a new record with $584 million in steel shipments, up 57 percent from 2005. Sharing boundaries with two of the largest steel mills in the country, this port handles a wide range of steel-related cargoes. All three of Indiana’s ports on Lake Michigan and the Ohio River set individual records for total shipments in 2006 – Mount Vernon: $482 million (+20%), Jeffersonville: $588 million (+30%) and Burns Harbor/Portage: $820 million (+21%). Overall, the Ports of Indiana set a new record of $1.89 billion of cargo handled in 2006. This was a 23-percent increase from 2005, which had been the previous 36-year high.

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Dutch Green Ports to be Model for Turkey

Netherlands will be a model for Turkey’s ports within an environmentally-friendly Green Port implementation, says Daily News.   Port of Amsterdam and Dutch officials

Bollore Bags Contract for Kribi Container Port

France's Bollore-led consortium has been awarded the contract to develop and operate a container terminal in Cameroon's deep-water port of Kribi, says a report in Reuters.

Maersk Group Optimistic on $4Bln Profit Target

AP Moeller Maersk Group has continued to fix its eyes on its forecast of a $4 billion profit for 2015, despite the challenges it is facing in its operating environment, according to Thisday Live.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Salvage Shipbuilding / Vessel Construction
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: 2.1857 sec (0 req/sec)