Great Lakes Coal Trade Up 27 Percent in March

Thursday, May 01, 2008

Coal shipments on the in March totaled 1.6 million net tons, an increase of 27 percent compared to a year ago. The trade outperformed its 5-year average for
March by 34 percent. Strong demand for coal loaded at ports destined for Canadian customers spurred the surge.

Despite the increase, lightloading was rampant again. The largest coal cargo loaded in March totaled only 58,944 net tons. The cargo was carried by a 1,000-foot-long ship and vessels this size have carried nearly 71,000 tons in a single trip when high water levels offset lack of adequate dredging. With the dredging crisis still gripping Great Lakes shipping, it is all the more important that Congress reject the Administration’s proposed $49 million cut in dredging funds in FY09.

’ Association represents 16 American corporations that operate 63 U.S.-Flag vessels on the . These vessels carry the raw materials that drive the nation’s economy: Iron ore and fluxstone for the steel industry, limestone, and cement for the construction industry, coal for power generation.... Collectively, these vessels can transport more than 115 million tons of cargo a year when high water levels offset the lack of adequate dredging of ports and waterways. More information is available at www.lcaships.com.

Source: ’ Association

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Brazil Presidential Candidate Silva Moots Price on Carbon

Brazilian presidential candidate Marina Silva plans to put a price on greenhouse gas emissions and implement a national carbon market if elected, according to policy proposals released on Friday.

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Kalmar to Supply 4 RTGs to Super Terminais, Brazil

Kalmar, part of Cargotec, will deliver four E-One2 Zero Emission rubber-tyred gantry cranes (RTGs) to Super Terminais in Manaus, Brazil. The 8 million USD order

 
 
Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1304 sec (8 req/sec)