U.S. Lakers' November Cargo Up 12 PCT

LCA
Wednesday, December 14, 2011

U.S.-flag Great Lakes freighters (“lakers”) carried 10 million tons of dry-bulk cargo in November, an increase of 2.4 percent compared to October, and an increase of 11.9 percent compared to a year ago. 

 

The November float was also 3.8 percent above the month’s 5-year average. Iron ore cargos for the steel industry increased 14 percent compared to a year ago.  Limestone cargos for construction, steel production, and environmental applications jumped more than 20 percent, but coal was essentially unchanged from a year ago. Through November U.S.-flag cargos stand at 85 million tons, an increase of 4.6 percent compared to the same point in 2010.  Iron ore has increased 11 percent and limestone cargos are now 3 percent ahead of last year’s pace, but coal is down by 5.9 percent. Compared to the 5-year average for the January-November timeframe, U.S.-flag cargos are down 1.4 percent.

 

Lake Carriers’ Association represents 17 American companies that operate 56 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....  Collectively, these vessels can transport more than 115 million tons of cargo per year when high water offsets lack of adequate dredging.  These cargos generate more than 103,000 jobs with an average wage of $47,000 in the United States. 

 

More information is available at www.lcaships.com
 

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

People & Company News

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

Modern Solutions Power Systems Conference

Thomas Alva Edison, who is considered to be one of the most prolific inventors in history, once said, “I find out what the world needs. Then I go ahead and try to invent it.

Cool Runnings: R.W. Fernstrum's Engineered Solutions

A hallmark of the global maritime industry is the proliferation of smaller, family founded and managed businesses. R.W. Fernstrum is one such company: a ubiquitous

Bulk Carrier Trends

CMM Takes Delivery of Damen PSV for Brazil

New supplier CMM Gravity to start on long-term contract with Petrobras. CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-meter, 3,300t deadweight

China's Seizure of Japanese Ship has Pre-WWII Roots

It all began with a pre-World War II contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Brazilian Soybeans Sold to China Bound for US

Two Brazilian soybean cargoes sold by Japan's Marubeni Corp that were initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday,

Ports

Unique Technologies Improve Port Security

Practical results from the SUPPORT (Security UPgrade for PORTS) project, coordinated by BMT Group Ltd. and part-funded by the European Commission’s FP7 Security

Pirates Raid Tanker off Malaysia, 3 Mariners Taken

Armed pirates raided an oil tanker off the coast of Malaysia and took three crew members with them, Malaysian maritime officials said on Wednesday, underscoring

China's Seizure of Japanese Ship has Pre-WWII Roots

It all began with a pre-World War II contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Great Lakes

New Scheduled International Cargo Shipping Service

The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) today joined the Port of Cleveland in announcing the launch of the

Coast Guard Concludes Great Lakes Icebreaking

The U.S. Coast Guard concluded icebreaking operations on the lower Great Lakes, Monday, more than four months after it started, Dec. 15, 2013. Operation Coal

Coast Guard Inspects Cleveland's First Containership

U.S. Coast Guard marine inspectors conducted safety and security examinations on the first-ever containership to arrive in Cleveland Saturday morning. The Fortunagracht,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.2661 sec (4 req/sec)