Great Lakes’ Ore Float at 6-year High

Posted by Eric Haun
Thursday, August 14, 2014
Photo: LCA

Iron ore shipments on the Great Lakes totaled 7,231,506 tons in July, the highest level since July 2008 when 7,318,961 tons were loaded at U.S. and Canadian ports. This July’s total also represents an increase of 8.6 percent over June and 10.2 percent over a year ago.

U.S. Great Lakes ports accounted for the upturn. Loadings totaled 6,681,796 tons, an increase of nearly 18 percent compared to a year ago. Shipments from Canadian ports in the Seaway decreased nearly 30 percent, in part because of the closure of Wabush Mines.

Higher water levels have helped the trade rebound after suffering endless delays in March and April when heavy ice formations covered the Lakes. The largest iron ore cargo loaded in the Head-of-the-Lakes trade in July totaled 69,859 tons. Even so, that cargo was 2,441 tons less than the record for the ore trade through the Soo Locks, and year-to-date, iron ore shipments are still more than 10 percent off last year’s pace.

lcaships.com
 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

AEU Presents Safety Awards

The American Equity Underwriters, Inc. (AEU) presented its 2014 Safety Awards at the annual American Longshore Mutual Association, Ltd. (ALMA) Conference on July 19, 2015, in Key Biscayne, Fla.

UK Navy Chooses Effer Crane Again

Cranes manufacturer Effer informs its marine crane has recently been installed aboard the U.K. Royal Navy’s patrol vessel HMS Mersey.   The new 5s 275M crane,

US Senate Energy Panel Votes to Lift Oil Export Ban

The U.S. Senate Energy Committee on Thursday passed a bill that would lift a decades-old ban on the export of crude oil.   The 22-member panel passed the bill

Logistics

Hapag-Lloyd Names Haeser Next CCO

Container shipping line Hapag-Lloyd AG’s supervisory board has appointed Thorsten Haeser as a new executive board member in charge of Hapag-Lloyd’s global sales

Legislation Introduced to Lift Cuba Embargo

A new piece of legislation, the Cuba Trade Act of 2015, was introduced in Congress Tuesday that aims to lift the Cuba embargo and allow for U.S. businesses in the

Maritime Experts to Debate Coastal Shipping, IWT Prospects

The opportunities and challenges faced by India’s coastal shipping industry as the country strives for a more optimal modal mix among various modes of transport

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar
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: 0.2630 sec (4 req/sec)