US-flag Great Lakes Cargos Down in January

Posted by Eric Haun
Wednesday, February 03, 2016
Source: LCA

U.S.-flag Great Lakes freighters carried 2.3 million tons of dry-bulk cargo on the Great Lakes in January, a decrease of 23 percent compared to a year ago, according to figures compiled by the Lake Carriers’ Association (LCA).  Iron ore cargos decreased 20 percent, while coal loadings tumbled 68 percent. Shipments of limestone, however, rose nearly 75 percent.

 
As February begins, most lakers are in lay-up and undergoing maintenance and modernization, but one cement carrier and two liquid-bulk tug/barge units were in service as of February 1.  LCA members will invest upwards of $110 million in their vessels in 2016.

Shipbuilding

MN100: All American Marine, Inc.

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Bulk Carrier Trends

Fednav Welcomes Innovative Ballast System at Indiana Port

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

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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

Finance

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

European Owners Lead in Buying Up Secondhand Tonnage

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Monjasa Bags Credit Facility from Société Générale

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Logistics

Another Hurdle for The Ocean Alliance

Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties.

Delaware River Ship Arrivals Continue Gains in 2016

Maritime Exchange for the Delaware River and Bay President Dennis Rochford has announced the tristate port vessel arrival statistics for the first six months of 2016.

European Owners Lead in Buying Up Secondhand Tonnage

With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited.

Great Lakes

Fednav Welcomes Innovative Ballast System at Indiana Port

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Fednav's New Bulker Features High-tech BWT System

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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

 
 
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