Marine Link
Saturday, October 1, 2016

Great Lakes’ Ore Float at 6-year High

August 14, 2014

Photo: LCA

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 Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News