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. ports: Calcite, Mich., Cedarville, Mich., Drummond Island, Mich., Kellys Island, Ohio, Marblehead, Ohio, Port Inland, Mich. and Presque Isle, Mich.. Kellys Island ceased shipping in fall 2009. Canadian ports: Bruce Mines, Manitoulin Island and Smelter Bay (all Ontario).
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
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
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.
A contract for the supply and construction of what is being called the world's first barge mounted circulating fluidized bed combustion (CFBC) boiler electrical generating facility has been awarded to Waller Marine Inc., Houston, TX. The nominal 100 MW coal fired power plant will be installed at Pickwick, Tennessee under a contract with Pickwick Power LLC, who will be supplying power into the Tennessee Valley Authority system.
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
With America’s economy still not hitting on all cylinders, the U.S.-Flag Great Lakes fleet continued to struggle with slumping cargo demand in September. Shipments in U.S. bottoms totaled seven million net tons, a decrease of 36.2 percent compared to a year ago. Loadings were down 39 percent compared to the month’s 5-year average. The year-long slump in iron ore and limestone cargos continued in September. Loadings were off 57 percent and 15 percent respectively
Officials with the World Trade Center Mississippi River Alliance (WTC MSRA) and the Big River Coalition (BRC) have signed a Memorandum of Understanding outlining a cooperative effort to preserve and promote economic growth on the Mississippi River and Tributaries (MRT).
The oil tanker “Energena’ managed by Gulf Stolt Ship Management and currently undergoing maintenance at Drydocks World, will become the first commercial vessel to sail under the UAE flag , reports 'Trade Arabia'. The Tasneef (Emirates Authority for Classification) classification
Baltic Trading Limited has accepted delivery of the first of two new bulk carriers, 'Baltic Tiger', a 179,185 dwt Capesize vessel, and found a time charter for the vessel without delay. The Baltic Tiger delivered to its charterer, Swissmarine Services S.A
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. The G6 Alliance said the expanded cooperation will provide customers with more service
Shipments of limestone on the Great Lakes totaled 3.6 million tons in October, an increase of 23.3% compared to a year ago. The October total was also slightly ahead of the month’s five-year average, and 4.7% above September’s total of 3,475,702 tons.
Shipping services group Clarksons has released its Interim Management Statement published in accordance with the UK Listing Authority's Disclosure and Transparency Rules, for the period from 1, July 2013 to 6, November 2013. Excerpts as follows: Trading
The importance of balancing the numbers for a successful bunker fuel trading operation will be stressed by GAC's Nicholas Browne when he shares his experience at the Lloyds Maritime Academy Bunker Management School this week. In his speech
As China’s international trade remains seemingly ever-growing, the country continues to seek diversified options for expanding its global trade. The prospect of Arctic shipping passages have generated much discussion throughout the industry
Baltic Trading Limited has ordered two 64,000 dwt Ultramax newbuildings for an aggregate purchase price of $56.0 million. The Company also has an option exercisable in January 2014 to acquire two additional Ultramax newbuildings under the same specifications and purchase price.
U.S.-flag Great Lakes freighters (lakers) carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4% compared to a year ago. The total was also slightly ahead of October’s long-term average, but 1% below the 9.9 million tons the fleet moved in September.
The St. Lawrence Seaway reported that year-to-date total cargo shipments for the period March 22 to October 31 were 28 million metric tons, down 7% over the same period in 2012. With only two months left in the shipping season, U.S. ports are hustling to move as much cargo as possible.
Baltic Trading Limited has successfully completed its previously announced public offering, issuing 12,650,000 new shares of common stock, which included the exercise in full of the underwriters' option to purchase up to 1,650,000 shares of common stock
Singapore's First Ship Lease Trust (FSL Trust) has announced the suspension of trading in its shares pending an announcement to clarify lenders' position in relation to a covenant waiver or relaxation for 30 September 2013. About FSL Trust
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a direct, all-water LCL service from New York to St. Petersburg, Russia. This fortnightly service will commence on November 23 and has a 21 day transit
The November 2013 edition of Lloyd’s Register’s Gas Technology Report is dedicated to LNG as a marine fuel. Highlights include a look at developments in Canada – a shipowner, the regulator and a shipbuilder talk about gas fuelled shipping