Cargo Movement In U.S.-Flag Vessels Down

Press Release
Friday, January 18, 2013

U.S.-flag Great Lakes freighters (“lakers”) carried 89.5 million tons of dry-bulk cargo in 2012, a decrease of 4.6 percent compared to 2011. 

 

The 2012 float was 1.5 percent off the 5-year average for U.S.-flag lakers.


U.S.-flag lakers carried 45.2 million tons of iron ore in 2012, or 73.3 percent of the total volume of iron ore moved on the Great Lakes last year.  The 45.2 million tons of iron ore carried by U.S.-flag lakers represented a decrease of 4.3 percent from 2011.


Coal cargos moved in U.S. bottoms totaled 17.6 million tons in 2012, or 69.3 percent of the total volume of coal moved on the Great Lakes last year.  The 17.6 million tons of coal carried by U.S.-flag lakers represented a decrease of 13.1 percent from 2011.


The limestone trade in U.S.-flag hulls totaled 21.8 million tons in 2012, or 79 percent of the total volume of limestone moved on the Great Lakes last year.  The 21.8 million tons of limestone carried by U.S.-flag lakers represented an increase of 1.7 percent (360,000 tons) over 2011.


Year-end totals for the other commodities are not yet available for vessels of all flags, but U.S.-flag cargos of cement increased 13 percent.  Loadings of salt in U.S.-flag lakers slipped almost 30 percent.  The sand trade in U.S. bottoms was virtually unchanged from 2011, but grain cargos in U.S.-flag hulls rose 31 percent.


Bulk Carrier Trends

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

Baltic Exchange Board Backs SGX Bid

The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd , a deal that will give SGX access to a trading platform for the multi-billion

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

Ports

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

Portland Auto Exports Drive ConnectOregon Grant

The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund

News

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

USCG Evaluates Comms Equipment in Alaska

Coast Guard Research and Development Center evaluates state-of-the-art communications equipment and Next Generation Incident Command System in Alaska   At nearly 663,

Intermodal

Indian Shipping Seeks Road Fund for Development of Waterways

The Shipping Ministry of India has mooted a proposal to utilize part of the fuel cess collected for building national highways for expansion of National Waterways as well.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

DP World H1 Profit Soars on Acquisitions

DP World, one of the world's largest port operators, reported a 50 percent leap in net profit for the first half of this year on Thursday, helped by the acquisitions

Great Lakes

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

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

St. Lawrence Seaway Traffic Sluggish in July

“We are about half-way through the 2016 navigation season and our overall cargo tonnage numbers are down by 11 percent,” said Betty Sutton, Administrator of the

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil 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: 0.1017 sec (10 req/sec)