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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Activists Planning Protest Against Shell's Arctic Business

U.S. environmental activists said they planned to protest on Tuesday against the launch of the second of two oil rigs central to Shell's plans to drill for oil in the Arctic.

Protests Shut Channel Tunnel Again

The Channel Tunnel closed again on Tuesday due to protesting MyFerryLink workers, its operator Eurotunnel and French traffic supervision body Bison Fute said. The

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Bulk Carrier Trends

Hyundai Sees Mega Ships Leading Global Demand

As the demand for mega vessels has increased, Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping

Crisis Not Affected Greek Shipping: Morgan Stanley

Most the major Greek-controlled and listed carriers are registered in Greece, and they all have their liquidity placed in banks abroad.   Morgan Stanley analyst

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Great Lakes

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Best May for U.S.-Flag Lakers in 7 Years

U.S.-flag Great Lakes freighters (lakers) moved 10.8 million tons of dry-bulk cargo in May, their highest total for that month since 2008.  The surge is at least

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators 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: 0.1926 sec (5 req/sec)