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

News

Steel Cut for Yamal LNG Project’s Lead Tanker

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project.

All Set for the Long Beach Arts Month

A gala reception Saturday, Oct. 4, will kick off a month-long art exhibition showcasing the Port of Long Beach in images captured by professional and amateur photographers.

'Flag Zannis' Delivered

The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd ("COSCO Dalian"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1472 sec (7 req/sec)