Slight Increase in U.S.-Flag Carriage In November

Tuesday, December 17, 2002
U.S.-Flag lakers hauled 11 million tons of various dry-bulk cargos in November, a slight increase (1.8 percent) compared to last year. With now five straight months of increases, U.S.-Flag carriers have moved nearly 91 million tons of cargo and narrowed the gap between this and last year to 2.2 percent. Iron ore shipments in U.S. bottoms totaled 5 million tons in November, an increase of nearly 17 percent. However, as has been stated before, increases in the ore float are not as impressive as they seem. LTV Steel was in its death throes a year ago; ISG has relit most of LTV's blast furnaces with a resulting increase in demand for iron ore. For the season, U.S.-Flag iron ore cargos stand at 41.8 million tons, a decrease of 1.7 percent. Continued strong demand for western, low-sulfur coal pushed U.S.-Flag coal cargos to 2.7 million tons in November, an increase of 8.2 percent. The 19.7 million tons carried through November represent a slight increase over 2001's end-of-November total. Weather-related delays suffered by the small and mid-sized vessels in the stone trade caused loadings of that commodity in U.S.-Flag lakers to slip 15.8 percent to 2.8 million tons. For the season, this trade is down 2.7 percent and reflects the season-long sluggishness in the construction industry.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Attestation / Endorsement services for seaman in UAE

The Maritime Administration of the United Arab Emirates has introduced services for the attestation of seaman contract and issuance of oil/chemical/gas tanker endorsement.

Concordia Captain Tried to Blame Wreck on Electrical Blackout

The captain of the Costa Concordia tried to persuade the crisis coordinator of the cruise line to pretend an electrical blackout had caused the shipwreck, a court was told on Monday.

Bulk Carrier Trends

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

ISC Expects Faltering Q1 2014 Financial Results

International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call.

St. Lawrence Seaway Notices Update

The Great lakes St. Lawrence Seaway System today issued notices number nine and 10 regarding maximum allowable drafts in the Montreal section in Lake Ontario and

 
 
Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar Winch
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: 0.1395 sec (7 req/sec)