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Friday, October 20, 2017

Lakes Coal

Ice Stalls Resumption of Lakes Coal Trade

Photo: Central Marine Logistics, Inc.

Ice, reportedly more than 4 feet thick in places, effectively stalled the resumption of the coal trade on the Great Lakes in March, the Lake Carriers’ Association said. Only three coal cargos were loaded: one on Lake Superior, one on Lake Michigan and one on Lake Erie. Combined, the cargos totaled 102,000 tons, a decrease of 70 percent compared to a year ago. Compared to the month’s five-year average, March loadings were down more than 80 percent. Year-to-date the Lakes coal trade stands at 475,000 tons, a decrease of 16 percent compared to a year ago, but 54 percent below the long-term average for the first quarter. Source: Lake Carriers’ Association lcaships.com  

Great Lakes April Coal Shipments Unchanged from a Year Ago

Photo: LCA

Shipments of coal on the Great Lakes totaled 2.2 million tons in April, a virtual tie with a year ago.  The trade was 19 percent below the month’s five-year average, however. Shipments from Lake Superior ports totaled 1.4 million tons, a slight increase from a year ago. Included in that total were 168,000 tons loaded in Superior, Wisconsin and transshipped to Québec City for loading into oceangoing colliers.

Lakes Coal Trade Impacted by Weather in June

LCA Logo.jpg

Shipments of coal on the Great Lakes totaled 2.6 million tons in June, a decrease of 9.7 percent compared to May, and a drop of nearly 13 percent compared to a year ago.   Some of the decrease was the result of a lengthy outage at the Lakes’ largest coal-shipping operation, Superior Midwest Energy Terminal in Superior, Wisconsin.  Flooding after a torrential storm forced shipments to cease on June 19.  The dock resumed loading on July 8

Great Lakes Coal Trade Down More Than 12 Percent in July

LCA Logo.jpg

Shipments of coal on the Great Lakes totaled 2.7 million tons in July, a slight increase – 63,000 tons – compared to June, but a drop of 12.4 percent compared to a year ago.  Loadings fell even more when compared to the month’s 5-year average: 30.5 percent.   Only one port range – Lake Michigan – registered an increase over last year: 37.7%.  Loadings at Lake Superior docks fell 13

Great Lakes Coal Trade Up 7.2% in June

Shipments of coal on the Great Lakes totaled 2.8 million tons in June, an increase of 9.2% over May, and an increase of 7.2% compared to a year ago. Shipments from Lake Superior ports totaled 1.8 million tons, an increase of nearly 20% compared to a year ago. Included in that total were 93,000 tons loaded in Superior, Wisconsin, and transshipped to Québec City for loading into oceangoing colliers. Exports to Europe from Superior total 630,000 tons through June.

Ice Took Heavy Toll on Lakes Coal in April

Ice formation, the likes of which have not been seen since 1994, dramatically slowed coal shipments on the Great Lakes in April. Loadings totaled only 995,000 tons, a decrease of nearly 55 percent compared to a year ago. Compared to the month’s five-year average, April shipments were down nearly 57 percent. The biggest drop came from Lake Superior ports. The only way vessels could safely cross Lake Superior in April was to be convoyed by U.S

Great Lakes Coal Trade Down 10-Plus Percent in September

GRT_Lakes_Stone Carrier web.jpg

Shipments of coal on the Great Lakes totaled 3,049,705 tons in September, an increase of 6.3 percent compared to August, but a drop of 10.1 percent compared to a year ago.  Compared to the month’s 5-year average, loadings were down 14.5 percent.   Overseas shipments from Superior, Wisconsin, continued in September.  Coal shipped to Québec City for reloading into oceangoing vessels totaled 192,000 tons

U.S., Canadian Coast Guards: Operation Coal Shovel

The U.S. Coast Guard Cutters Mackinaw and Neah Bay break track lines for a commercial vessels in Lake St. Clair, Jan. 12, 2010

The U.S. and Canadian Coast Guards have commenced Operation Coal Shovel, seasonal domestic ice breaking operations in the southern part of Lake Huron, Lake St. Clair, the St. Clair and Detroit River systems, Lake Erie and Lake Ontario, starting Thursday, Jan. 3.   The U.S. and Canadian Coast Guard icebreakers work together to prevent ice jams in these vital economic waterways as conditions worsen throughout the winter.  

Lakes Coal Trade Well Below Long Term Average

According to data compiled by the Lake Carriers’ Association, coal shipments on the Great Lakes totaled 373,000 tons in January. While the total represents an increase of 62 percent compared to a year ago, January 2013 was well below previous years, and even this January’s total is 25 percent below the month’s long-term average. The harsh weather did limit coal shipments in January, the Lake Carriers’ Association said

Coast Guard Concludes Great Lakes Icebreaking

U.S. Coast Guard photo by Randy Beauchamp

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 Shovel is a binational domestic icebreaking effort covering the St. Lawrence Seaway, Lake Ontario, Lake Erie, the Detroit/St. Clair River System and southern Lake Huron. Crews aboard Coast Guard Cutters Mackinaw, Hollyhock, Bristol Bay, Neah Bay and Morro Bay were joined by crews from Canadian Coast Guard Ships Samuel Risley

Baltic Index Extends Gaining Streak

© Viktoriya Kundeus / Adobe Stock

Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a sixth consecutive session, helped by stronger rates for capesize and smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 21 points, or 1.45 percent, to 1,470 points. The capesize index was up 87 points, or 3.04 percent, at 2,948 points.

U.N. Bans Four Ships over N.Korea Coal, U.S. Mulls Four More

File Image (CREDIT: AdobeStock / (c) )

The United Nations Security Council has banned four ships from ports globally for carrying coal from North Korea, including one vessel that also had ammunition, but the United States postponed a bid to blacklist four others pending further investigation.   The vessels are the first to be designated under stepped-up sanctions imposed on North Korea by the 15-member council in August and September over Pyongyang's sixth and largest nuclear test and two long-range ballistic missile launches

US-flag Great Lakes Shipping Buoyant in September

© haveseen / Adobe Stock

U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in September, an increase of 10.7 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. September’s shipments also bettered the month’s long-term average by 3.1 percent, or 300,000 tons. LCA said iron ore cargos for steelmaking totaled 4.9 million tons, an increase of 14 percent compared to a year ago, while Coal loadings approached 1.9 million tons, an increase of 6

Pair of Fire/Rescue Boats Now on Duty

(Photo courtesy of Brandon Barsugli of the San Bernardino County Fire Department)

Boat builder Lake Assault Boats has placed two fire and rescue boats into service with the San Bernardino County Fire Department in California. The versatile landing craft style vessels – one 28 feet long and the other 26 feet long – are equipped to handle a wide range of emergency response scenarios.   “Having two of our boats on duty with the San Bernardino County Fire Department is an honor,” said Chad DuMars, Lake Assault Boats vice president of operations

Great Lakes Shipyard Builds First Damen Stan Tug

Handover Ceremony Photo: Damen

The first of 10 Stan Tug 1907 ICE vessels has been delivered by Great Lakes Shipyard to its sister company The Great Lakes Towing Company, both based in Ohio, U.S. Named Cleveland, the vessel marks a milestone in a licencing program agreed between Damen Shipyards Group and Great Lakes Shipyard following discussions that began in 2014. While the initial agreement is for the series build of 10 tugs for Great Lakes Towing

Baltic Index Dips Again on Sagging Capesize Rates

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third consecutive session on Thursday, weighed down by weaker rates for larger vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 22 points, or 1.8 percent, to 1,200 points.   The capesize index slipped 49 points, or 2.06 percent, to 2,333 points.  

Baltic Index Inches Down on Capesize, Panamax Rates

File Image: CREDIT FedNav

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged down on Tuesday on lower rates across larger vessel segments.   The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was down 6 points, or 0.5 percent, at 1,203 points.   The capesize index fell 25 points, or 1.04 percent, to 2,381 points.  

Baltic Index Falls on Weaker Vessel Demand

© ArchonCodex / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker demand for larger vessels. The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was down 22 points, or 1.83 percent, at 1,181 points. The capesize index fell 99 points, or 4.16 percent, to 2,282 points. Average daily earnings for capesizes, which typically transport 150

Baltic Index Slips on Weaker Capesize Sector

File Image (CREDIT: AdobeStock / (c) Lidian Neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell slightly on Friday, dragged down by lower rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 1 point or 0.08 percent, to 1,183 points.   The capesize index decreased 29 points, or 1.26 percent, to end at 2,264 points.  

Guangzhou Halts Foreign Coal Imports

File Image (CREDIT: AdobeStock / (c) Lidian Neeleman)

Port handles 60 mln tonnes/year of foreign and domestic seaborne coal.   Guangzhou port, the largest coal transport hub in southern China, has halted foreign coal imports, according to traders who use the port and said they had been informed of the shutdown by customs authorities and senior company officials.   Traders said the move caught merchants using Guangzhou by surprise and interpreted it as a sign of Beijing stepping up its campaign to cut pollution caused by the burning

Baltic Index Hits near 3-year High

© Valentin Kundeus / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near three-year high on Monday, supported by higher rates across all vessel segments.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 23 points, or 1.73 percent, at 1,355 points - the highest since Nov. 2014.   "The market has been solely driven forward by the capesize shipping segment this year

Baltic Index Eases From Near Three-Year High

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-day winning streak on Tuesday, weighed down by weaker rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, ended down 11 points, or 0.81 percent, at 1,344 points.   It had touched near three-year highs on Monday.  

Baltic Index Edges Lower on Weaker Capesize Rates

(File photo: Star Bulk)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Wednesday as rates for capesize vessels fell. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 7 points or 0.52 percent to 1,337 points. The capesize index lost 96 points or 3.52 percent to end at 2,628 points, marking its biggest one-day percentage decline in two weeks.

US-flag Shipping on Great Lakes Up 7%in August

The Lake Carriers’ Association (LCA) said U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in August, an increase of 7 percent compared to a year ago. The month’s shipments also bettered the August long-term average by approximately 60,000 tons.   Iron ore cargos for steelmaking totaled 4.7 million tons, an increase of 4.7 percent compared to a year ago.   Coal loadings neared 1.6 million tons, an increase of 8.5 percent.  

Baltic Index Up On Firmer Rates for Panamaxes, Smaller Vessels

File photo: Star Bulk

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Monday, hitting a fresh nearly three-year high as rates for panamaxes and smaller vessels increased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 13 points, or 0.94 percent, to 1,398 points, the highest since Nov. 10, 2014. However, the capesize index slipped 4 points, or 0.15 percent, to 2,681 points.

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