Marine Link
Tuesday, July 16, 2024

Lakes Limestone Trade Dips in November

Maritime Activity Reports, Inc.

December 16, 2014

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.  The gap has narrowed considerably since the spring when heavy ice delayed full-scale resumption of limestone loadings.  At the end of April, shipments were down 54 percent.  Even come the end of July the trade was 6 percent off last year’s pace.