Lakes Iron Ore Trade Down 17% at Midyear

Posted by Eric Haun
Wednesday, July 09, 2014
M/V Buffalo (Photo courtesy of American Steamship Company)

The Lake Carriers' Association reported that iron ore shipments on the Great Lakes total 19.2 million tons through the end of June, a 17 percent decrease from a year ago and the trade’s long-term average.

Higher water levels have not been able to offset the interminable delays suffered during the winter of 2013/2014.

Shipments from U.S. ports through the second quarter stand at 16.8 million tons, a decrease of nearly 19 percent compared to a year ago.  While several cargos in June topped 69,000 tons, even the best loads still represented a shortfall from the vessel’s rated capacity, and the month’s top load – 69,576 tons – was still 2,724 tons shy of the record through the Soo Locks: 72,300 tons.

Iron ore shipments from Canadian ports in the Seaway total 2.4 million tons through June, a slight decrease compared to a year ago.  The lack of shipments from Pointe Noire reflects the closure of Wabush Mines in eastern Canada.

lcaships.com
 

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

Ports

HMAS Success Deploys to Middle East

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support

Rosneft Ships First Oil From Chayvo Field

Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

News

USCG Assist Duck Hunters Near Harrington Beach Park

The Coast Guard and the Port Washington and Cedar Grove Fire Departments came to the assistance of two duck hunters on Lake Michigan Friday. The names of those involved are not being released.

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Kemp Succeeds Semple at Wood Group

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to

Logistics

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

October Imports up 9% at Port of Oakland

Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months.

Cost to Fuel Ships Falls

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming

Great Lakes

Great Lakes Coal Up 9% in October

Shipments from Lake Erie nearly double that of a year ago Coal shipments on the Great Lakes topped 3 million tons in October, an increase of 9 percent compared to a year ago,

Great Lakes Limestone Rally Continues

The Great Lakes limestone trade racked up its fifth straight month of increases over the corresponding period last year in October, Lake Carriers’ Association reported.

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1532 sec (7 req/sec)