Great Lakes Iron Ore Trade Up 8%

Wednesday, October 22, 2008

Iron ore shipments on the Great Lakes totaled 6.5 million net tons in September, an increase of 8.2 percent compared to a year ago. The trade also outperformed the month’s 5-year average by nearly 9 percent.

Despite the increases, the iron ore trade continued to struggle with the inefficiencies inherent with lack of adequate dredging. The largest iron ore cargo in September – 66,761 net tons – still represented only 92 percent of the record cargo carried in 1997, a period when water levels allowed for near full loads.

For the year, the iron ore trade stands at 45.6 million net tons, an increase of 9.8 percent compared to a year ago. Shipments also are ahead of the 5-year average for the first three quarters by nearly the same margin.

(www.lcaships.com)

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

Bulk Carrier Trends

COSCO Delivers Bulker

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

NewLead Fixes Newcomer, "Newlead Castellano"

NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano".

Great Lakes Coal up More Than 12% in September

Lake Carriers’ Association reported that coal shipments on the Great Lakes totaled 3 million tons in September, an increase of more than 12 percent compared to a year ago.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction 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: 0.1326 sec (8 req/sec)