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 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

News

Crewman Claims Ferry Captain "Rushed Back To Bridge"

The captain of a South Korean ferry that capsized two days ago rushed back to the bridge after it started listing severely and tried in vain to right the vessel,

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,

Great Lakes

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

Coast Guard Battles 24-inch Plate Ice

Coast Guard Cutters Morro Bay and Katmai Bay, homeported in Cleveland and Sault Ste. Marie, Mich., conducted ice breaking operations in Marquette, Mich., Sunday.

Great Lakes Shipyard Completes Winter Work

Great Lakes Shipyard announced winter layup season is wrapping up at the yard after completing repair work on the following vessels: American Steamship Company’s

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion 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: 0.1033 sec (10 req/sec)