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

People & Company News

Huisman Debuts Rope Luffing Knuckle Boom Crane

In order to provide reliable solutions for subsea installation in increasingly deeper water and offshore construction in severe weather conditions, Huisman introduces

Scafi Expands Fleet with Italian Damen Tug

Damen is to construct a new ASD 3212 tug for Scafi, the Italian shipping group that includes a number of international towing companies. The contract cements their

DP World in Talks With Banks for $3b Loan

Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as extend the lifespan and reduce the interest rate,

Bulk Carrier Trends

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

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,

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 Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.2512 sec (4 req/sec)