Great Lakes Iron Ore Trade Off 3.6 Percent

Press Release
Wednesday, November 21, 2012

Iron ore shipments on the Great Lakes totaled 5.5 million tons in October, a decrease of 6 percent compared to September, and 3.6 percent below the level of a year ago.  Shipments were, however, marginally ahead of October’s 5-year average.



Shipments from U.S. ports totaled 4.5 million tons, a decrease of 11.1 percent compared to a year ago.  Included in that total were 81,000 tons shipped to Québec City for final delivery overseas.  



Loadings at Canadian ports jumped more than 60 percent to 950,000 tons.
 


Through October the iron ore trade stands at 50 million tons, an increase of 2.5 percent compared to a year ago, and 14.6 percent better than the 5-year average for the January-October timeframe.



Shipments from U.S. ports are virtually tied with a year ago, and 14.6 percent ahead of their 5-year average.  Cargos destined for Quebec City for transshipment overseas total 3.5 million tons through October.



Loadings at Canadian ports are up 23.3 percent compared to a year ago, and 14.3 percent ahead of their 5-year average.



Lake Carriers’ Association represents 17 American companies that operate 57 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, as well as salt, sand and grain.  Collectively, these vessels can transport more than 115 million tons of cargo per year. 
 

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

Bulk Carrier Trends

First Supramax Vessel for Japan-Italy Venture

'DACC Tirreno' was delivered at the Oshima shipyard in Japan yesterday, the first of four Supramax bulk carriers for the dACC Maritime Limited fleet, the joint

Ukraine Arrests Turkish Ship for Visiting Crimean Port

Turkey owned merchant ship flying the flag of Tuvalu was arrested by Ukrainian authorities over a visit it made to a port in Crimea, reports Reuters. The ship's captain detained.

NORDEN CEO: Bulk Market Challenges to Continue

Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions

Ports

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Puerto Rico Readies for Largest Cruise Ships

Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

Logistics

Is China Building a Naval Base in Africa?

Recently, The Namibian reported the existence of a "confidential letter from Namibia's ambassador to China, Ringo Abed, to Namibia's foreign minister stating that

First Supramax Vessel for Japan-Italy Venture

'DACC Tirreno' was delivered at the Oshima shipyard in Japan yesterday, the first of four Supramax bulk carriers for the dACC Maritime Limited fleet, the joint

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

Great Lakes

Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste.

Soo Locks Open for Cargo Ships

Despite the chilly temperatures and heavy snowfall the U.S. Army Corps of Engineers opened the Soo Locks for the start of the Great Lakes shipping season.    The Edwin H.

Pacesetter Award Winners Announced for 2014 Navigation Season

The U.S. Saint Lawrence Seaway Development Corporation (SLSDC) has announced that eight U.S. ports in the Great Lakes St. Lawrence Seaway System are receiving the prestigious Robert J.

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair
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: 0.1391 sec (7 req/sec)