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Saturday, January 20, 2018

Limestone Trade News

Lakes Record Best Month for Limestone in Two Years

Photo courtesy of LCA

Shipments of limestone on the Great Lakes totaled 4,090,079 tons in July, the highest total for the trade since July of 2012, the Lake Carriers’ Association said, adding that loadings that month totaled 4,083,753 tons. Loadings out of U.S. quarries totaled 3.5 million tons in July, an increase of 17.7 percent compared to a year ago. Shipments from Canadian quarries totaled 555,000 tons, a slight increase over a year ago. Year-to-date the Lakes limestone trade stands at 12 million tons, a decrease of 6.1 percent compared to a year ago.

Great Lakes Limestone Rally Continues

Great Lakes Cement Carrier (Photo: Rod Burdick)

The Great Lakes limestone trade racked up its fifth straight month of increases over the corresponding period last year in October, Lake Carriers’ Association reported. Stone cargos totaled 3.7 million tons, an increase of 2.8 percent. The trade also bettered its long-term average by 8.1 percent. Despite the five-month rally, year-to-date the Lakes limestone trade is still slightly behind last year’s pace. The 23 million tons shipped through October represent a decrease of 2.1 percent.

Great Lakes Limestone Trade Dips in July

Shipments of limestone on the Great Lakes totaled 3.5 million tons in July, a decrease of 2.9% compared to June, and 13.6% off the pace of a year ago. Shipments from U.S. ports totaled 3 million tons, a decrease of 9.7% compared to a year ago. Loadings at Canadian quarries dipped by more than 30%, falling to 507,000 tons. Year-to-date the Lakes limestone trade stands at 12.85 million tons, a decrease of 8.5% compared to a year ago, and 23% below the average for the January-July timeframe in recent years. lcaships.com

Lakes Limestone Trade Dips in November

Shipments of limestone on the Great Lakes totaled 2.7 million tons in November, a decrease of 4.4 percent compared to a year ago, the Lake Carriers’ Association reported. Limestone cargos also trailed the month’s long-term average by 9.2 percent. The trade was impacted by weather in November, with many vessels anchoring or taking longer routes to avoid heavy weather. Year-to-date the limestone trade stands at 25.7 million tons, a decrease of 2.4 percent compared to the same point in 2013.

Great Lakes Limestone & Coal Trade Up

Shipments of limestone on the Great Lakes totaled 3,461,606 net tons in September, an increase of 3.6 percent compared to August, and 16 percent better than a year ago. However, the trade was down 10.7% compared to the month’s 5-year average. Loadings at U.S. ports were up 342,000 tons compared to a year ago. Shipments from Canadian docks increase by 135,000 tons. Year-to-date the Lakes limestone trade stands at 20.5 million net tons, an increase of 25.2% compared to a year ago, but a decrease of 15% compared to the five-year average for the first three quarters. Loadings at U.S. ports are up 28 percent compared to a year ago. Shipments from Canadian docks are 15.4% ahead of last year’s pace.

Great Lakes Limestone Trade Down in June

M/V American Courage (Photo courtesy of the American Steamship Company)

Shipments of limestone on the Great Lakes total 7,952,201 tons through June, a decrease of 14.7 percent compared to the same point in 2013. The decrease is even slightly larger when compared to the trade’s long-term average through June: 16.2 percent. Loadings out of U.S. quarries stand at 6.8 million tons through the second quarter, a decrease of 15.7 percent. Shipments from Canadian quarries total 1.1 million tons, a decrease of 8.6 percent. The totals are testimony to the effects of the brutal winter of 2013/2014.

2013 Shows Slight Jump in Great Lakes Limestone Trade

According to data compiled by the Lake Carriers’ Association, shipments of limestone on the Great Lakes totaled 27.6 million tons in 2013, an increase of 1.7% compared to 2012. The trade was, however, 4% below its long-term average. Shipments from U.S. ports totaled 23.9 million tons, an increase of 5.7% compared to 2012. That total is also the highest for U.S. ports since 2008. Shipments from Canadian ports totaled 3.7 million tons, a decrease of 18% compared to 2013. The stone trade was pretty well wrapped by mid-December.

Great Lakes Limestone Trade Strong

For the second month in a row, shipments of limestone on the Great Lakes topped 4 million tons in July, the Lake Carriers' Association (LCA) reported. This is the first time loadings have topped the 4-million-ton mark for more than one month in a shipping season since 2008. Loadings at U.S. quarries totaled 3.5 million tons, a virtual repeat of a year ago. Shipments from Canadian quarries – 560,000 tons – also were a near carbon copy of a year ago. Year-to-date, the Lakes limestone trade stands at 14 million tons, an increase of 16 percent compared to a year ago. The increase in part reflects how severely stone shipments were impacted by the near glacial ice that covered the Lakes into May of 2014. LCA noted.

Great Lakes Limestone Up Again in August

Shipments of limestone on the Great Lakes totaled 3.7 million tons in August, an increase of 2.8 percent compared to a year ago.  Shipments bettered the month’s long-term average by almost 7 percent. Loadings out of U.S. quarries totaled 3.1 million tons in August, a slight dip compared to a year ago.  However, shipments from Canadian quarries rose 36 percent 660,000 tons. Year-to-date the Lakes limestone trade stands at 15.8 million tons, a decrease of 4.2 percent compared to a year ago.  The gap between this year and last has lessened considerably since ice conditions eased in May.  At the end of April, limestone cargos were down 55 percent compared to the same point in 2013. lcaships.com

Lakes Limestone Trade Tops 4 Mln Tons in June

Shipments of limestone on the Great Lakes totaled 4,042,766 tons in June, an increase of 6 percent compared to May, and 9-plus percent compared to a year ago, according to figures reported by the Lake Carriers' Association (LCA). The June stone float is also the highest monthly total since July of 2014. U.S. quarries shipped 3.3 million tons in June, an increase of 6.8 percent compared to a year ago. Shipments from Canadian quarries totaled 765,000 tons, an increase of 21 percent. Year-to-date the Lakes limestone trade stands at 9.9 million tons, an increase of 24.4 percent compared to a year ago. Market conditions alone do not explain the increase.

Great Lakes Limestone Trade Dips 8%

Photo courtesy of LCA

Shipments of limestone on the Great Lakes totaled 3.3 million tons in May, a decrease of 8 percent compared to a year ago, the Lake Carriers’ Association reported, adding that shipments were also 3 percent below the month’s long-term average. Shipments from U.S. ports totaled 2.8 million tons, a decrease of 9 percent compared to a year ago. However, loadings at Canadian quarries were a virtual carbon copy of a year ago. Year-to-date the Lakes limestone trade stands at 4.2 million tons, a decrease of 25.3 percent compared to a year ago.

Lakes November Limestone Down 11.4 PCT

File Photo: A typical Great Lakes Stone Carrier.

Shipments of limestone on the Great Lakes totaled 2.9 million tons in November, a decrease of 1.7 percent compared to October, and 11.4 percent below the level of a year ago. The November stone float was also 12 percent off the month’s 5-year average. Shipments from U.S. ports fell 12.3 percent in November. Loadings at Canadian quarries slipped by 7 percent. Shipments were impacted in the first days of the month by some delays related to Hurricane Sandy. Year-to-date the Lakes limestone trade stands at 26,350,706 tons, a decrease of 330,000 tons or 1.3 percent compared to a year ago.

Lakes Limestone Trade Up 27% in July

Shipments of limestone on the Great Lakes totaled 3,682,308 net tons in July, a decrease of 4.7 percent compared to June, but an increase of 27 percent compared to a year ago.  The trade was down 11.5 percent when compared to the month’s 5-year average. Loadings at U.S. ports were up nearly 850,000 tons compared to a year ago, but shipments from Canadian docks slipped by 65,000 tons. Year-to-date the Lakes limestone trade stands at 13,669,350 net tons, an increase of 32.5 percent compared to a year ago, but a decrease of 15.2 percent compared to the 5-year average for the January-July timeframe.  Loadings at U.S. ports are up 39.3 percent compared to a year ago.  Shipments from Canadian docks are 10.5 percent ahead of last year’s pace.

Lakes Limestone Trade Up 27% in May

Shipments of limestone on the Great Lakes totaled 3,639,048 net tons in May, an increase of 47.6 percent compared to April, and an increase of 27.3 percent compared to a year ago.  The trade was, however, down more than 16 percent when compared to the month’s five-year average. Loadings at U.S. ports were up 23 percent compared to a year ago.  Shipments from Canadian docks increased even more, 43.2 percent. Year-to-date the Lakes limestone trade stands at 6,121,260 net tons, an increase of 38.3 percent compared to a year ago, but a decrease of 21.1 percent compared to the 5-year average for the January-May timeframe.  Loadings at U.S. ports are up 37.8 percent compared to a year ago.  Shipments from Canadian docks are 40.3 percent ahead of last year’s pace.  

Great Lakes Limestone Trade Dips in October

Shipments of limestone on the Great Lakes totaled 3.4 million tons in October, a decrease of eight percent compared to a year ago, according to the Lake Carriers’ Association (LCA), adding the trade was only two percent below the month’s five-year average, however. According to LCA, shipments from U.S. ports totaled 2.9 million tons in October, a decrease of six percent compared to a year ago, while loadings out of Canadian quarries totaled 505,000 tons, 20 percent less than a year ago. Year-to-date the Lakes limestone trade stands at 24.5 million tons, an increase of 6.5 percent compared to the same point in 2014, and 4.5 percent better than the five-year average for the January-October timeframe. Shipments from U.S. ports are up seven percent.

Great Lakes Limestone Trade Climbs in November

Shipments of limestone on the Great Lakes totaled 3 million tons in November, an increase of nearly 11 percent compared to a year ago, according to the Lakes Carriers’ Association (LCA). The trade also outperformed the month’s five-year average by 2.5 percent.   Shipments from U.S. ports totaled 2.5 million tons in November, an increase of 11.1 percent compared to a year ago, while loadings out of Canadian quarries rose 9.3 percent to 500,000 tons, LCA said.   Year-to-date the Lakes limestone trade stands at 27.5 million tons, an increase of 7 percent compared to the same point in 2014, and 4.3 percent better than the five-year average for the January-November timeframe. Shipments from U.S. ports are up 7.4 percent, and loadings out of Canadian quarries are up 4.9 percent.

Lakes Limestone Trade in May Repeats a Year Ago

Shipments of limestone on the Great Lakes totaled 3,806,526 tons in May, a virtual repeat of a year ago when the trade totaled 3,809,701 tons, reports the Lake Carriers’ Association (LCA). This May’s loadings were, however, slightly below the month’s five-year average. Loadings out of U.S. quarries totaled 3,053,669 tons, a decrease of approximately 40,000 tons compared to a year ago, while shipments from Canadian quarries totaled 752,857 tons, an increase of 37,000 tons, LCA said. According to LCA, year-to-date the Lakes limestone trade stands at 6,064,130 tons, an increase of 3.7 percent compared to a year ago. Again, loadings from Michigan and Ohio quarries are virtually unchanged from a year ago at 4.9 million tons…

Lakes Limestone Trade Down

Cleveland—Shipments of limestone on the Great Lakes totaled 3.5 million net tons in November, a decrease of six percent compared to both a year ago and the month’s five-year average. Demand is waning in light of the deteriorating economy. However, lack of adequate dredging impacted those stone cargos that did move in November. A large U.S.-Flag tug/barge unit that has carried nearly 35,000 net tons of stone in a single trip averaged only 31,101 net tons over the four cargos it carried this November. For the year, the Lakes limestone trade stands at 31.8 million net tons, a slight decrease compared to the same point in 2007, but more than 2.7 million net tons behind the five-year average for the January-November timeframe.

Lakes Limestone Trade Up Slightly in September

Shipments of limestone on the Great Lakes totaled 3.5 million net tons in September, a decrease of 6.7 percent from August, but an increase of 2.4 percent compared to a year ago. September loadings were 4 percent off the month’s 5-year average. Shipments from U.S. quarries increased 10 percent compared to a year ago and were only marginally below the month’s 5-year average. However, loadings at Canadian quarries were off more than 22 percent compared to a year ago and 8.5 percent below September’s 5-year average.

U.S.-Flag Lakers Down Seven Percent

Great Lakes cement carrier (Credit: Rod Burdick)

U.S.-flag Great Lakes freighters (lakers) carried 2.2 million tons of dry-bulk cargo in March, a decrease of 7% compared to 2012. However, the fleet’s March float was marginally ahead of the month’s five-year average. Iron ore shipments in U.S. hulls rose slightly – 25,000 tons – compared to a year ago, but loadings of coal declined by more than 60%. The fleet’s limestone trade nearly doubled. Through the first quarter, U.S.-flag lakers have hauled 5.2 million tons of cargo, a decrease of nearly 19% compared to the same point in 2012. Iron ore cargos are down by 13.4%.

Great Lakes Stone Trade Up 5.8 Percent in May

Shipments of limestone on the Great Lakes totaled 3.5 million tons in May, an increase of 5.8% compared to a year ago.    Shipments were also in line with May’s total in recent years. Shipments from U.S. ports totaled 3 million tons, an increase of 11.5% compared to a year ago.  However, loadings at Canadian quarries dipped by nearly 20% 510,000 tons. Year-to-date the Lakes limestone trade stands at 5.7 million tons, a decrease of 6.9% compared to a year ago, and 7.8% below the average for the January-May timeframe in recent years.  

Lakes Stone Trade Down 5.8% in June

File photo. Credit: Rod Burdick

Shipments of limestone on the Great Lakes totaled 3.6 million tons in June, a slight increase over May (80,000 tons), but a decrease of 5.8% compared to a year ago. Shipments were also down 7.5% from June’s total in recent years. Shipments from U.S. ports totaled 3.1 million tons, a decrease of 2.8% compared to a year ago, and loadings at Canadian quarries dipped by more than 21%. Year-to-date the Lakes limestone trade stands at 9.3 million tons, a decrease of 6.4% compared to a year ago, and 7.7% below the average for the January-June timeframe in recent years. lcaships.com  

Lakes Limestone Trade Up More Than 6% in September

Shipments of limestone on the Great Lakes totaled 3.5 million tons in September, an increase of 6.2% compared to a year ago. The September total was, however, 4.9% below August’s tally. Shipments from U.S. ports totaled 3 million tons, an increase of 8.1% compared to a year ago. Loadings at Canadian quarries – 467,000 tons – dipped by the equivalent of one cargo in a 767-foot-long laker. Year-to-date the Lakes limestone trade stands at 19.9 million tons, a decrease of 2.9% compared to a year ago, and 6% below the long-term average for the first three quarters. U.S.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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