U.S.-Flag Lakes Float Tops 9 Million Tons

Friday, December 18, 2009

The U.S.-Flag Great Lakes fleet hauled more than nine million net tons of dry-bulk cargo in November. That’s the first month this year that cargos totaled more than nine million tons in a single month. The November float is a small increase over the previous month – three percent – but significantly higher than earlier this year. In May, for example, U.S.-Flag cargos totaled only 7.1 million tons.

The 3.6 million tons of iron ore hauled in November are the fleet’s best total for that commodity so far this year and reflect rising demand for steel. Limestone recorded its second-best month of the year. However, the last stone cargo of the year was loaded on December 16, an early close for that trade. Coal loadings were down 16 percent compared to a year ago, primarily because of slowdown in shipments of western coal out of Superior, Wis.

Through November, U.S.-Flag carriage stands at 60,352,716 tons, a decrease of approximately 36.6 percent compared to a year ago. The U.S.-Flag float is 38.4 percent off the 5-year average for the January-November timeframe.
 

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

Bulk Carrier Trends

Port of New Orleans Sponsors Agricultural Summit

The Port of New Orleans has signed on as a sponsor for the 9th annual Oilseed & Grain Trade Summit, taking place here October 7-9, 2014, at the Hyatt Regency New Orleans.

Mexican Economy Ministry Slams US Sugar Decision

Mexico's Economy Ministry said on Tuesday a preliminary decision by the United States to impose anti-subsidy import duties on Mexican sugar was a setback in trade

CMB Cancels Order with S.Korean Shipbuilder

Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair 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: 0.0843 sec (12 req/sec)