Great Lakes’ Ice Halves Ore Trade in April

Posted by Eric Haun
Friday, May 09, 2014

Heavy ice formations on the Great Lakes continued to slash iron ore shipments in April. Shipments totaled only 2.7 million tons, a decrease of 52 percent compared to a year ago. Loadings slumped even more – 53.3 percent – when compared to the month’s long-term average.

Lake Superior’s ice was so challenging that the U.S. and Canadian Coast Guards had to convoy freighters the entire month. In fact, it was not until May 2 that the U.S. Coast Guard allowed vessels to proceed across Lake Superior unescorted.

The ice field off Marquette, Michigan, barred lakers from loading at the port until April 13.

Another ice-related factor in the decrease was the inability of downbound freighters to transit the Rock Cut, a stretch of the St. Marys River just below the Soo Locks. The Rock Cut was clogged with ice, so vessels had to use the upbound track and this reduced their loaded draft. As a result, even the largest iron ore cargo loaded on Lake Superior in April was less than 60,000 tons. If the largest vessels had been able to transit the Rock Cut, loads would have been 65,000 tons or more.

Through April, the Lakes iron ore trade stands at 6.2 million tons, a decrease of nearly 43 percent compared to both a year ago and the long-term average for the January-April timeframe.

lcaships.com
 


Bulk Carrier Trends

Fednav's New Bulker Features High-tech BWT System

Fednav Limited,  an  international bulk shipowner in Canada, has welcomed to the Port of Indiana – Burns Harbor, the Federal Caribou, one of seven new oceangoing

Baltic Exchange Board Backs SGX Bid

The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd , a deal that will give SGX access to a trading platform for the multi-billion

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

Ports

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

Portland Auto Exports Drive ConnectOregon Grant

The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund

Environmental

Global Climate Change Threatens Papahānaumokuākea Marine

Despite its remote location in the Northwestern Hawaiian Islands, Papahānaumokuākea Marine National Monument faces a looming threat of global climate change that

South Africa Workshop Promotes Ship Energy Efficiency

An International Maritime Organization (IMO) workshop is raising awareness of the Organization’s regulatory regime dealing with improving energy efficiency and

SCHOTTEL’s LEACON Certified Leak-free

Following a technical update, the SCHOTTEL LEACON system has now been certified by classification society DNV-GL as a leak-free sealing system for the oil-to-sea interface.

News

Monjasa Bags Credit Facility from Société Générale

Danish bunker fuel supplier and shipping firm Monjasa has signed a credit facility with French bank Société Générale for USD 80 million.    A statement from

Hanjin Shipping to Submit Self-Rescue Plan

South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media.

MPA Appoints Koji Sekimizu as Distinguished Visiting Fellow

The S. Rajaratnam School of International Studies (RSIS) and the Maritime and Port Authority of Singapore (MPA) have appointed former Secretary-General of the

Great Lakes

Fednav's New Bulker Features High-tech BWT System

Fednav Limited,  an  international bulk shipowner in Canada, has welcomed to the Port of Indiana – Burns Harbor, the Federal Caribou, one of seven new oceangoing

Great Lakes Shipyard Lays Keel for 10 Damen Tugs

A keel-laying ceremony was held on August 10 at Great Lakes Shipyard in Cleveland, Ohio for 10 Damen Stan Tugs 1907 ICE. The new Ice Class vessels will be the first

St. Lawrence Seaway Traffic Sluggish in July

“We are about half-way through the 2016 navigation season and our overall cargo tonnage numbers are down by 11 percent,” said Betty Sutton, Administrator of the

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.0932 sec (11 req/sec)