Tuesday, 16 Aug 2011
Shipments of coal on the Great Lakes totaled 3.1 million tonnes in July 2011, up by 58,000 tonnes over June 2011, but a decrease of approximately 25% YoY as compared to a year ago and the month's 5 year average.
Loadings at Lake Superior ports fell almost 31% as compared to a year ago. Shipments from Lake Michigan terminals increased marginally. Loadings at Lake Erie docks slumped almost 20%.
YTD, the coal trade stands at 12.7 million tonnes, a decrease of 14% YoY. Shipments are nearly 29% off the 5 year average for the January to July 2011 timeframe.
Lake Carriers' Association represents 17 American companies that operate 55 US flag vessels on the Great Lakes and carry the raw materials that drive the nation's economy, iron ore and fluxstone for the steel industry, aggregate and cement for the construction industry, coal for power generation. Collectively, these vessels can transport more than 115 million tonnes of cargo per year when high water offsets lack of adequate dredging.
(Sourced from Lake Carriers' Association)
Shipments of coal on the Great Lakes totaled 3.1 million tonnes in July 2011, up by 58,000 tonnes over June 2011, but a decrease of approximately 25% YoY as compared to a year ago and the month's 5 year average.
Loadings at Lake Superior ports fell almost 31% as compared to a year ago. Shipments from Lake Michigan terminals increased marginally. Loadings at Lake Erie docks slumped almost 20%.
YTD, the coal trade stands at 12.7 million tonnes, a decrease of 14% YoY. Shipments are nearly 29% off the 5 year average for the January to July 2011 timeframe.
Lake Carriers' Association represents 17 American companies that operate 55 US flag vessels on the Great Lakes and carry the raw materials that drive the nation's economy, iron ore and fluxstone for the steel industry, aggregate and cement for the construction industry, coal for power generation. Collectively, these vessels can transport more than 115 million tonnes of cargo per year when high water offsets lack of adequate dredging.
(Sourced from Lake Carriers' Association)
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