Great Lakes Iron Ore Trade Declines in July

MarineLink.com
Wednesday, August 14, 2013

Shipments of iron ore on the Great Lakes totaled 6.4 million tons in July, an increase of 7% compared to June, but a drop of 8.2% compared to a year ago. Loadings also trailed the month’s long-term average by 6.5%.

Shipments from U.S. ports totaled 5.7 million tons, a decrease of 5.2% compared to a year ago. The July total included 490,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas. Year-to-date overseas exports total 1,550,000 tons.

Shipments from Canadian ports to Great Lakes destinations totaled 775,000 tons, a decrease of 20.1% compared to a year ago.

Year-to-date, the Lakes iron ore trade stands at 29.6 million tons, a decrease of 8.1% compared to a year ago. Loadings are 4.1% below the long-term average for the January-July timeframe.

Lake Carriers’ Association represents 17 American companies that operate 57 U.S.-flag vessels on the Great Lakes and carry the raw materials that drive the nation’s economy: iron ore and fluxstone for the steel industry, aggregate and cement for the construction industry, coal for power generation, as well as salt, sand and grain. Collectively, these vessels can transport more than 115 million tons of cargo per year.

lcaships.com
 

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

Bulk Carrier Trends

Star Bulk to Acquire 34 Drybulk Vessels

Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million

Russian Food Import Ban: Trucks Lose, Shipping Wins

Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas,

OceanSaver Reports Surge in BWT Orders

OceanSaver said it has received a rush of ballast water treatment (BWT) system orders for large vessels. The Norwegian firm, a BWT specialist developing solutions since 2003,

News

Jacques R. Saadé Visits the CMA CGM Columba

During the CMA CGM Columba call in Beirut, Lebanon, on August 19, Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship.

GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,

Ohio River Reopens as Oil Spill Clean-up Progresses

A 15-mile section of the Ohio River was reopened for limited traffic on Wednesday as clean-up of a 5,000-gallon fuel oil spill continued, the U.S. Coast Guard said on Wednesday.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Simulators 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: 0.2580 sec (4 req/sec)