U.S.-Flag Laker Cargos Down 8.7 Percent

Press Release
Tuesday, December 18, 2012

U.S.-flag Great Lakes freighters (“lakers”) carried 9.2 million tons of dry-bulk cargo in November, a 6.6 percent increase over October’s total that was noticeably impacted by Hurricane Sandy. 

 

However, compared to a year ago, the U.S.-flag float was down by almost 9 percent.  November’s loadings were also 4 percent below the month’s 5-year average.


Iron ore cargos for the steel industry totaled 4.1 million tons in November, a decrease of 11.8 percent compared to a year ago.  At 2.3 million tons, coal cargos registered a slight increase, but loadings of aggregate and fluxstone fell 14.4 percent to 2.2 million tons.


Through November U.S.-flag cargos stand at 81.6 million tons, a decrease of 4.1 percent compared to the same point in 2011, and 2 percent below the 5-year average for the January-November timeframe.  Iron ore cargos are down by 4.4 percent compared to a year ago.  Coal has slipped by more than 13 percent, but limestone cargos are still up by 3.7 percent, or 750,000 tons.


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. 
 

Maritime Today


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

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

People & Company News

The Odd Trio - HMM, Maersk and MSC

In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Norwegian Unions Say 755 O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline,

Day of Seafarer: ICS Highlights Seafarers Role in Migrant Rescues

Gerardo Borromeo, Vice Chairman of the International Chamber of Shipping (ICS) took the opportunity today to highlight the courage that is currently being displayed by seafarers,

Bulk Carrier Trends

Diana Shipping Enters Contract with SwissMarine

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Ice Class Panamax dry bulk vessels,

Panamax Vessel Demand Keeps Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for a fourth straight session as higher demand

Uncertainity Plagues Seaborne Iron Ore Shipments

Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Clarksons Research Report.

Great Lakes

Coast Guard Investigates Sheen in Lake Ontario

The U.S. Coast Guard is responding to a report of a sheen in Lake Ontario near the Fitzpatrick Nuclear Power Plant in Scriba, New York, approximately 10 miles northeast of Oswego, New York, Sunday.

Scrubbers Installed on Another Great Lakes Bulker

The Interlake Steamship Company’s M/V Lee A. Tregurtha sailed today from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming the shipper’s third

US-flag Lakes Cargo Volumes Dip in May

U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a decrease of 12.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.2187 sec (5 req/sec)