Great Lakes Iron Ore Trade Down in June

MarineLink.com
Tuesday, July 09, 2013

Shipments of iron ore on the Great Lakes totaled 6 million tons in June, a decrease of 6% compared to May, and a drop of 7% compared to a year ago.  Loadings also trailed the month’s long-term average by 4.4%.

Shipments from U.S. ports totaled 5.3 million tons, a decrease of 6.7%compared to a year ago. The June total included 305,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas. Year-to-date overseas exports total 1,057,000 tons.

Shipments from Canadian ports to Great Lakes destinations totaled 753,000 tons, a decrease of 9.5% compared to a year ago.

Year-to-date, the Lakes ore trade stands at 23.2 million tons, a decrease of 8.1%compared to a year ago. Loadings are 3.4% below the long-term average for the first half of the year.

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.

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

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Vessels

Bodies found trapped in S Korean ferry

Divers searching for survivors of a capsized South Korean ferry saw three bodies floating through a window of a passenger cabin on Saturday but were unable to retrieve them,

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

Great Lakes

Ice Hurts March’s Lakes Ore Shipments

Massive, thick ice formations on the Great Lakes limited iron ore shipments in March to 1.1 million tons, a decrease of 43 percent compared to a year ago, the Lake

Coast Guard Battles 24-inch Plate Ice

Coast Guard Cutters Morro Bay and Katmai Bay, homeported in Cleveland and Sault Ste. Marie, Mich., conducted ice breaking operations in Marquette, Mich., Sunday.

Great Lakes Shipyard Completes Winter Work

Great Lakes Shipyard announced winter layup season is wrapping up at the yard after completing repair work on the following vessels: American Steamship Company’s

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Salvage 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: 0.1220 sec (8 req/sec)