Marine Link
Wednesday, December 25, 2024

Great Lakes Iron Ore Trade Dips 9% in May

Maritime Activity Reports, Inc.

June 7, 2016

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6 million tons in May, a decrease of 9 percent compared to a year ago, according to figures compiled by the Lake Carriers’ Association (LCA).  Shipments also trailed the month’s five-year average by 7 percent, LCA said.
 
Shipments from U.S. ports totaled 5.5 million tons in May, a decrease of 8 percent compared to a year ago, while loadings at Canadian terminals dipped by 20 percent to 556,000 tons.
 
Year-to-date the iron ore trade stands at 15.4 million tons, an increase of 4 percent.  Loadings at U.S. ports are up nearly 8 percent, but shipments from Canadian ports in the St. Lawrence Seaway are down 21 percent.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week