Great Lakes Iron Ore Up 8 PCT in November

Lake Carriers Association
Wednesday, December 07, 2011

Iron ore shipments on the Great Lakes totaled 5.8 million tons in November, an increase of 2 percent over October, and an increase of 8 percent compared to a year ago.

 

November loadings were also up about 8 percent compared to the month’s 5-year average. Shipments from U.S. ports totaled 5.2 million tons, an increase of 9 percent compared to a year ago.  Loadings at Canadian ports were virtually unchanged from a year ago. Through November the iron ore trade stands at 54.6 million tons, an increase of 10.5 percent compared to both a year ago and the 5-year average for the January-November timeframe. 

 

Shipments from U.S. ports are up 12 percent compared to a year ago and 14.6 percent ahead of their 5-year average.  Loadings at Canadian ports are essentially in lockstep with a year ago, but some 16 percent below the 5-year average for the January-November timeframe.

 

Lake Carriers’ Association represents 17 American companies that operate 55 U.S.-flag vessels on the Great Lakes and 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.  Those cargos support more than 103,000 jobs, each with an average wage of $47,000.  More information is available at www.lcaships.com.

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

People & Company News

Deepwater Semi-Sub COSL Prospector Delivered

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

Trelleborg Invests in High-Speed Fender Test Rig

Trelleborg’s marine operation is in the process of building and installing a custom-made high-speed test rig, capable of testing both rubber and foam fenders.   The

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Bulk Carrier Trends

Ice to Close Upper Mississippi from Nov. 20

The shipping season on the upper Mississippi River will end on Thursday as ice surrounding locks and dams near Minnesota's Twin Cities forced the earliest winter

Mombasa's 2014 Port Cargo to Soar 14 pct

East Africa's biggest port, Mombasa, expects to handle at least 14 percent more cargo this year, helped by its expanded capacity and a marketing drive, its management said on Thursday.

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

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.

Cruise Vessel Drydocked at Great Lakes Shipyard

Great Lakes Shipyard has been awarded a contract for routine drydocking of the M/V Nautica Queen. The cruise vessel was hauled out using the 770-ton capacity

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.4433 sec (2 req/sec)