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Great Lakes Coal Falls Short in 2014

Photo: LCA

Despite a nearly 1-million ton increase in coal shipments on the Great Lakes in December, the surge was not enough to enable the trade to outperform 2013, the Lake Carriers’ Association (LCA) said, reporting that shipments for the year totaled 24.5 million tons, a slight decrease compared to 2013.  The December surge was possible because heavy ice did not form on the Lakes until January of this year. Shipments totaled 3.1 million tons, an increase of 43 percent compared to a year ago, while shipments from Superior, Wisconsin, rose by 39 percent, and loadings at Lake Erie terminals soared by more than 70 percent. However, for the year, only the Ohio port range registered an increase. According to LCA, shipments from Toledo, Sandusky, Ashtabula and Conneaut totaled 8.5 million tons, an increase of 26.3 percent. The 706,000 tons loaded in Conneaut were the first that dock has shipped since 2008. Shipments from Lake Superior ports totaled 14.1 million tons, a decrease of 6.2 percent, and loadings out of Chicago fell 34 percent, LCA said.


Great Lakes Iron Ore Trade Down in September

Photo: LCA

Iron ore shipments on the Great Lakes totaled 5.6 million tons in September, a decrease of 20.6 percent compared to a year ago, the Lake Carriers' Association (LCA) reported. Shipments were down 11 percent from the month’s five-year average.    Loadings at U.S. ports in September fell 25.5 percent compared to a year ago, while shipments from Canadian ports rose 42.8 percent.   Through September, the Lakes/Seaway ore trade stands at 39


Lakes Iron Ore Trade Up 106% in May

Iron ore shipments on the Great Lakes totaled 6.3 million net tons in May, an increase of 16.4% over April, and an increase of 106% compared to a year ago.  Shipments were also up 4.6% compared to the month’s five-year average. May loadings at U.S. ports increased 118% compared to a year ago.  Shipments from Canadian ports rose 38%. Year-to-date the Lakes ore trade stands at 15.8 million net tons, an increase of 140% compared to the same point last year


Lakes Iron Ore Trade Down 17% at Midyear

M/V Buffalo (Photo courtesy of American Steamship Company)

The Lake Carriers' Association reported that iron ore shipments on the Great Lakes total 19.2 million tons through the end of June, a 17 percent decrease from a year ago and the trade’s long-term average. Higher water levels have not been able to offset the interminable delays suffered during the winter of 2013/2014. Shipments from U.S. ports through the second quarter stand at 16.8 million tons, a decrease of nearly 19 percent compared to a year ago


Great Lakes Coal Trade Slows in November

Photo: Central Marine Logistics, Inc

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays, the Lake Carriers’ Association reported.   Shipments from Lake Superior ports totaled 1.5 million tons, a slight decrease from a year ago, while loadings on Lake Michigan totaled 209,000 tons, a decrease of 33 percent compared to a year ago. Lake Erie was the one port range to register an increase


Great Lakes Iron Ore Trade Dips in November

 Shipments of iron ore on the Great Lakes totaled 4.9 million tons in November, a decrease of 17 percent compared to a year ago, according to latest figures from the Lakes Carriers’ Association (LCA). Shipments were down 12 percent from the month’s five-year average.    Loadings at U.S. ports totaled 4.2 million tons in November, a decrease of 21.6 percent compared to a year ago, while shipments from Canadian ports totaled 710,000 tons, an increase of 29


Egypt to receive first LNG shipment from Rosneft in May

Egypt will receive the first of five agreed shipments of liquefied natural gas (LNG) from Russia's Rosneft this month, an official at the state gas board EGAS told Reuters on Thursday. Last year Egypt and Rosneft signed a memorandum of understanding for a slew of petroleum products as well as 24 LNG cargoes. Only five of the 24 initially agreed cargoes were later inked into a final deal. "We're receiving the first shipments of LNG from Rosneft this month out of the five shipments


Great Lakes Iron Ore Trade Dips 15% in July

File photo: Jeff Thoreson

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.6 million tons in July, a decrease of 15 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). Shipments also trailed the month’s fuve-year average by more than 18 percent.   Shipments from U.S. ports totaled 4.95 million tons in July, a decrease of nearly 14 percent compared to a year ago, while loadings at Canadian terminals dipped even more – 23 percent – to


Great Lakes/Seaway Iron Ore Trade Up in August

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6,048,409 tons in August, an increase of 2.9 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). However, shipments trailed the month’s 5-year average by 5 percent.   LCA said shipments from U.S. ports totaled 5.3 million tons in August, an increase of 7.7 percent compared to a year ago. Loadings at Canadian terminals, meanwhile, dipped by 23 percent to 709,000 tons.


June US-flag Great Lakes Shipping Unchanged from 2016

© Gerald Bernard / Adobe Stock

U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA).  However, this June’s shipments were down 3.6 percent from the month’s long-term average.   Iron ore cargos for steelmaking totaled 4.9 million tons, an increase of 3.5 percent compared to a year ago.  


APL Reports 48% CO2 Emission Reduction in 2016

Photo: APL

 APL has announced its highest recorded fleet carbon dioxide emissions reduction of 48 percent in 2016, compared to its base level in 2009.    Verified by Lloyd’s Register Group according to the Clean Cargo Working Group (CCWG) verification protocol and ISO14064-3:2006


Baltic Index Advances on Firm Capesize Demand

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

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday on stronger rates for capesize and panamax vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Russian Think Tank: Oil Exports to Decline in 2017

© Mikhail Perfilov / Adobe Stock

 A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise.  


US Iron Ore Boosts St. Lawrence Seaway Shipping

© johnsroad7 / Adobe Stock

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year.   The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled more than 12 million metric tons – up


Nautican to Ship First IPU from Prince Edward Island

(Photo: Nautican)

 The Nautican Research and Development manufacturing facility in Summerside, Prince Edward Island, said it is now ready to ship the facility's first Integrated Propulsion Unit (IPU) to a client in Alaska.   “Nautican is another excellent example of an emerging advanced marine


Maersk Postpones Oman-to-Qatar Container Service

Maersk Line, a part of A.P. Moller-Maersk, said on Monday the first container feeder service into Qatar will depart Oman on June 26, later than a planned June 19 start.   To avoid trade restrictions imposed on Qatar by Saudi Arabia, United Arab Emirates and others


US LNG Going Global

© Anatoly Kolodey / Adobe Stock photo

The U.S. liquified natural gas (LNG) market is ripe with opportunity, according to American Action Forum (AAF).   "When coupled with the tension surrounding Qatar (the largest exporter of natural gas in the world), this makes U.S


US-flag Great Lakes Shipping Steady in May

© johnsroad7 / Adobe Stock

U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a virtual repeat of a year ago, the Lake Carriers’ Association (LCA) reported. The float totaled 9,496,663 tons this May and 9,473,709 tons a year ago. This May’s shipments were, however


Hamburg Süd Ugrades for Pharmaceutical Reefer Market

Photo: Hamburg Süd

 The transportation of pharmaceutical products in reefer equipment is subject to the particularly strict guidelines of the Good Distribution Practice (GDP) scheme.   Hamburg Süd will be meeting the requirements with regard to calibration processes as of July and therefore be


Asia Tankers-VLCC Rates Supported by Floating Storage

File Image: Credit Suez Canal Authority

Trafigura hires five VLCCs to store oil; short-term storage a profitable play.   Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for floating storage and crude oil shipments increase ahead of the northern winter, brokers said.  


APL Rolls out Aloha Express Service

Photo: APL

APL has unveiled its Aloha Express (AEX) service, a new fortnightly service directly connecting Central China, Korea, Japan to Hawaii. The AEX service promises cargo delivery from Shanghai, Busan and Yokohama to Honolulu in 19, 15 and 12 days respectively.  


Qatar to Boost LNG Production by 30% Amid Arab Dispute

Photo: Qatar Petroleum

 State-owned Qatar Petroleum said Tuesday it aims to raise Qatar’s LNG production from 77 million to 100 million tons per year.  The new additional volumes will be secured by doubling the size of the new gas project in the southern sector of the North Field


NITC: Tanker Shipments to Europe Increasing

NITC, Iran's leading oil tanker operator, said on Monday its shipments to Europe were increasing daily and it plans to upgrade its fleet to support expansion.   International sanctions on Iran were lifted in January 2016 and NITC is looking to come in from the cold after years of isolation


Great Lakes Limestone Trade Slides in June

© haveseen / Adobe Stock

 Shipments of limestone on the Great Lakes totaled 3,455,019 tons in June, a decrease of 7.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. June’s loadings were also 8.9 percent below the month’s five-year average.  


Japan's Top 3 Shippers Sail to Profit in Q1

File Photo: Nippon Yusen Kaisha (NYK Line)

 The healthy international trade and cost cutting measures augurs well for Japan's to three marine shippers -  Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha - reported Nikkei.   The report said that the three companies are expected to post a group pretax profit for






 
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