Great Lakes - Stone Slump and Dredging Woes

Tuesday, October 21, 2008

Although rising water levels partially offset the chronic lack of dredging in the spring and summer, the Lakes begin their seasonal decline in September, and as a result, lightloading increased. The largest iron ore cargo was only 66,761 net tons. The largest coal cargo was 67,444 net tons.

Had these vessels been able to carry full loads, they would have delivered more than 70,000 net tons. For the year, U.S.-Flag carriage stands at 74.1 million net tons, a slight increase (298,000 net tons) compared to a year ago, but down about one percent (or 617,000 net tons) from the five-year average for the first three quarters.

’ 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 lack of adequate dredging.

(www.lcaships.com)


Bulk Carrier Trends

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

Essar’s Vizag Port Terminal Boost Third Party Business

Post the taking over of Vishakhapatnam Port Trust’s (VPT's) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May’ 15,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators 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: 0.0565 sec (18 req/sec)