U.S.-Flag Cargo Movement on Lakes Slips Slightly in July

MarineLink.com
Friday, August 23, 2013

U.S.-flag Great Lakes freighters (lakers) carried 10.3 million tons of dry-bulk cargo in July, a slight increase over June, but a decrease of 2.2% compared to the corresponding period last year. The July float was also down 6.6% from the month’s long-term average.

U.S.-flag lakers moved 4.6 million tons of iron ore in July, 76.7% of all ore moving on the Lakes/Seaway that month. The 4.6 million tons represent a 6.7% increase compared to a year ago, but a drop of 5.7% compared to the month’s long-term average.

Coal shipments in U.S. hulls totaled 2 million tons in July, 70.6% of all coal moving on the Lakes that month. The 2 million tons represent an increase of 13.5% compared to a year ago, but a decrease of 14.4% compared to the month’s long-term average.

The 3.1 million tons of limestone hauled by U.S.-flag lakers in July represent 87% of the Lakes trade in that commodity that month. However, the 3.1 million tons represent a decrease of 20% compared to a year ago. The decrease is much more modest – 3.3% –compared to the month’s long-term average.

Through July, the U.S.-flag float stands at 43.1 million tons, a decrease of 4.1% compared to a year ago. Iron ore cargos are down by 3.7%. Coal loadings are virtually unchanged from a year ago. Shipments of limestone are 7.8% off last year’s pace.

Lake Carriers’ Association represents 17 American companies that operate 57 U.S.-flag vessels on the Great Lakes that 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.

lcaships.com
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

A Year is a Long Time in Tankers

The latest Gibson Market Report focused on the age profile of the VLCC fleet and the prospects for trading life beyond 15 years of age.    Analysis of the Suezmax fleet shows a similar picture,

Diana Charters Out Two Bulkers

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels,

Higher Capesize Demand Pushes up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday buoyed by higher demand for capesize vessels.

News

APM Terminals Bahrain Push for Safety, IT systems

Hidd, Khalifa Bin Salman Port, Bahrain - APM Terminals Bahrain, operators of Khalifa bin Salman Port (KBSP), has recently made significant advances in Safety performance

Seized Hanjin Shipping Vessel Resumes Operation in South Africa

Hanjin Paradip resume  its sailing from South Africa as talks continue with owner over unpaid charter fees. The ship had been detained in Richards Bay, South Africa

Deployment: The Transpacific Trade Steps Up To The Plate

In 2015, it was the Asia-Europe route which was the focus of changing deployment trends, says Clarksons Research.   This year, it is the Transpacific trade which

Great Lakes

Fednav (Belgium) N.V. Celebrates its 50th Anniversary

Shortly after the inauguration of the Saint Lawrence Seaway in 1959, and the growth of grain exports that followed, bulk shipper Fednav realized that incoming steel

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair 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: 0.1078 sec (9 req/sec)