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

News

OTC Names Technology Award Winners

The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award.

Jack W. Fisher Passes Away at 73

Jack W Fisher, president of JW Fishers Mfg. passed away at home after a brief illness on February 20, 2015. He was 73 years old.   The JW Fishers business was started because Fisher,

Global LNG-Asia Prices Creep Higher on Japanese Demand

Asian spot liquefied natural gas prices edged higher as scattered demand from Japanese buyers and others helped stem the recent decline in prices, traders said on Friday.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar 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: 0.2199 sec (5 req/sec)