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. Shipments during the ice season that statistically began on December 16 totaled 313,000 tons, or 25% of the December float. The limestone trade does typically end sooner than iron ore and coal as much of the stone moving on the Lakes is washed prior to loading into vessels and hence susceptible to freezing as temperature plummet. lcaships.com
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
Dry-bulk cargo movement on the Great Lakes totaled 162.3 million net tons in 2002, a decrease of 1.4 percent compared to 2001 and a drop of 6 percent compared to the 5-year average. Iron ore shipments totaled 58.9 million net tons in 2002, an increase of 5.8 percent compared to 2001, but a decrease of 9.2 percent compared to the 5-year average. North American raw steel production totaled an estimated 101.7 million tons in 2002, an increase of 2
Oglebay Norton Company announced that its wholly-owned subsidiary, Oglebay Norton Marine Services Company, LLC, has completed the sale of six of its nine remaining self-unloading freighters for $120 million to American Steamship Company, a wholly-owned subsidiary of GATX Corporation. Acquired were: M/V Oglebay Norton, M/V Columbia Star, S/S Armco, S/S Middletown, S/S Courtney Burton, and M/V Fred R. White. The Company is also
Shipments of coal on the Great Lakes totaled 2,956,930 net tons in August, a slight dip compared to July (131,000 tons), but a decrease of almost 25 percent (959,000 tons) compared to a year ago. Loadings at Lake Superior ports fell 26.7 percent compared to a year ago. Shipments from Lake Michigan terminals rose nearly 71 percent. Loadings at Lake Erie docks slipped 35.7 percent. Year-to-date, the coal trade stands at 15,656,348 tons, a decrease of 16
Shipments of limestone on the Great Lakes totaled 27,145,219 tons in 2012, a decrease of 3.6 percent compared to 2011. The trade was 7 percent below its 5-year average. Shipments from U.S. ports fell 2.4 percent when compared to 2011, and slightly more – 4.1 percent – when compared to their 5-year average. Loadings at Canadian quarries decreased 9 percent compared to 2011, and slipped almost 19 percent compared to their 5-year average.
Coal shipments on the in March totaled 1.6 million net tons, an increase of 27 percent compared to a year ago. The trade outperformed its 5-year average for March by 34 percent. Strong demand for coal loaded at ports destined for Canadian customers spurred the surge. Despite the increase, lightloading was rampant again. The largest coal cargo loaded in March totaled only 58,944 net tons. The cargo was carried by a 1,000-foot-long ship and vessels this size have carried nearly 71
Iron ore shipments on the Great Lakes totaled 5.7 million net tons in October, a slight decrease from both a year ago and the month’s 5-year average. Shipments from Canadian Seaway ports reacted much quicker to the downturn in steel production, falling some 32 percent from a year ago. U.S. ports actually outperformed a year ago, but shipments did start to fall off in the final week of October. For the year, the Great Lakes iron ore trade stands at 51
U.S.-flag Great Lakes freighters (“lakers”) carried 10.1 million tons of dry-bulk cargo in September, a decrease of 2.7 percent compared to August, but an increase of 7.6 percent compared to a year ago. The September float was also virtually tied with the month’s 5-year average. Iron ore cargos for the steel industry increased 16.3 percent compared to a year ago. Limestone cargos for construction, steel production
With three of the largest U.S.-flag lakers out of service for a combined 65 days in May to repair damage suffered in the heavy ice in March and April, cargo movement in U.S. hulls fell nearly 5 percent compared to a year ago. Shipments totaled 9.6 million tons. Had the three 1,000-footers been in operation the whole month, they would have carried another 600,000 tons and the fleet would have registered a small increase over May 2013.
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Britain has been topped by the Netherlands as Europe's leading natural gas trading hub this summer, ending decades of British dominance in the sector. Britain has reigned as Europe's busiest gas trading centre since discoveries of North Sea oil and gas in the 1970s made it Europe's main producer
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The U.S. Coast Guard published a final rule to the Federal Register announcing that it has received approval from the Office of Management and Budget for an information collection request associated with the January 2014 final rule on the discharge of bulk dry cargo residue on the U.S
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
U.S.-flag Great Lakes freighters (lakers) moved 11,365,550 tons of cargo in July, their highest monthly total in two years. The industry’s July total also represented increases of 8.6 percent compared to June and 10.2 percent compared to a year ago.
A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union, and Japan against Argentine import licensing rules used to restrict imports. The three trade powers argued that Argentina did not grant licenses to
Mexico's Economy Ministry said on Tuesday a preliminary decision by the United States to impose anti-subsidy import duties on Mexican sugar was a setback in trade relations between the neighbors and pledged to fight the decision. The Mexican ministry said the government would continue to defend
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's biggest-emitting nation
Traders Mercuria, Trafigura and SOCAR cut gasoline desks; new refining capacity slashes traditional profitability. U.S. refining boom weighs on global light products. Trading houses are shrinking their gasoline desks in response to a slump in activity, particularly in Europe
Leaders of the new coalition say they are fighting for the survival of the Canadian Maritime Industry, and explained their significant worries concerning the Canadian-European Comprehensive Economic Trade Agreement (CETA) and the lack of transparency that government has had when making this deal
U.S.-flag Great Lakes freighters (lakers) moved 11 million tons of cargo in August, their second-highest monthly total in two years. The August float, while down 3.2 percent from July, also represents an increase of 5 percent compared to a year ago.
The strength of first-half 2014 container flows from Asia to Europe flies in the face of the macro-economic data coming out of Europe, says Drewry Maritime Research (DMR) in their latest ‘Container Insight Weekly’, excerpted here.
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
The CMA CGM Group announced the signature of three major agreements on the biggest worldwide maritime trades with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC). Under the name of Ocean Three, the agreements; which include a combination of vessel sharings