Record Cargo Volumes Reported at Port of Indiana-Mount Vernon

MarineLink.com
Wednesday, January 15, 2014

The Port of Indiana-Mount Vernon finished 2013 by shipping more cargo during the fourth quarter than any other quarter in the port's 37-year history. The 1.59 million tons shipped in October-December 2013 were more than the total annual volume for each of the port's first five years of operations.

"Because of the extremely strong fourth quarter, 2013 is one for the record books," said Port Director Phil Wilzbacher. "This was the first time our shipments exceeded 500,000 tons for two consecutive months, let alone three consecutive months. Coal, fertilizer and a record grain harvest were the primary reasons for the surge in shipments at the end of 2013."

For the year, the port handled over 4.15 million tons, up 21 percent from 2012. The significant increase in annual tonnage was driven by strong shipments of coal, grain, soy products and fertilizer. Coal was up 47 percent over 2012, while fertilizer shipments rose 42 percent and grain increased 38 percent from last year. Coal, grain and soy products made up approximately 75 percent of the port's 2013 shipments.

For the year, the port handled approximately 2,200 barges, 85,000 trucks and 26,000 railcars.

portsofindiana.com
 

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

Bulk Carrier Trends

Commodity Giant Steps out of the Shadows

A detailed new case study scrutinizing the risk-management Swiss-based Trafigura is the latest effort to "demystify" the once-secretive commodity trading industry,

Cargill to Buy 100,000mt of Certified Ivorian Cocoa

U.S. agribusiness trader Cargill aims to purchase 100,000 metric tons of certified Ivorian cocoa this season, up slightly from 95,000 metric tons last season, West

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

Ports

Libya's Zueitina Oil Port Reopening Delayed

  Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port,

Canaveral Tops State List for Sand Bypass Funding

The Canaveral Harbor Inlet Sand Bypass Project has earned the top state ranking for 2014/15 inlet management funding. As a result, Port Canaveral is expected to receive $100,

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,

News

Barclays To Exit Some Commodities Markets

Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan

Libya's Zueitina Oil Port Reopening Delayed

  Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port,

Transas to Participate in ETC-2014

Transas will take part in the ETC-2014 – The second International Forum on Seafarers’ Education, Training and Crewing. The Forum which consists of the Conference

Logistics

Among 2014's Most Powerful & Influential Women: Karen Jones

Commercial transportation and supply chain management firm Ryder System Inc. say that their Chief Marketing Officer, Karen Jones, was named one of 2014’s Most Powerful

Inchcape Shipping Services Opens in Venezuela

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has expanded its network in Central and South America with the opening of ISS Venezuela in Puerto La Cruz,

Blackstone Unlikely to Enter Commodities Trade

Blackstone exec doesn't expect move into commodities in near term Blackstone Group LP is unlikely to make a foray into commodity trading in the short term as

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.0905 sec (11 req/sec)