Great Lakes Ore Trade Off 7 PCT in September

press release
Tuesday, October 09, 2012
File Photo: Great Lakes Stone Carrier.

Iron ore shipments on the Great Lakes totaled 5.9 million tons in September, a decrease of 7.3 percent compared to August, and 7 percent below the level of a year ago.  Shipments were, however, 6.1 percent ahead of September’s 5-year average.

 

Shipments from U.S. ports totaled 5,052,532 tons, a decrease of 10.2 percent compared to a year ago.  Included in that total were 360,000 tons shipped to Québec City for final delivery overseas. No iron ore was loaded in Escanaba, Michigan, in September as the dock was undergoing scheduled maintenance. Loadings at Canadian ports rose 10 percent (80,000 tons). Through September the iron ore trade stands at 44.6 million tons, an increase of 3.5 percent compared to a year ago, and 16.2 percent better than the 5-year average for the first three quarters.

 

Shipments from U.S. ports are up 1.7 percent compared to a year ago, and 16.9 percent ahead of their 5-year average.  Loadings at Canadian ports are up 18.4 percent compared to a year ago, and 11.3 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.  More information is available at www.lcaships.com.
 


Bulk Carrier Trends

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

Essar’s Vizag Port Terminal Boost Third Party Business

Post the taking over of Vishakhapatnam Port Trust’s (VPT's) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May’ 15,

Ports

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Great Lakes

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

Fednav's New Bulker Features High-tech BWT System

Fednav Limited,  an  international bulk shipowner in Canada, has welcomed to the Port of Indiana – Burns Harbor, the Federal Caribou, one of seven new oceangoing

Great Lakes Shipyard Lays Keel for 10 Damen Tugs

A keel-laying ceremony was held on August 10 at Great Lakes Shipyard in Cleveland, Ohio for 10 Damen Stan Tugs 1907 ICE. The new Ice Class vessels will be the first

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.1309 sec (8 req/sec)