Lakes iron ore trade down nearly 40 percent in March

Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.

Lakes iron ore trade down nearly 40 percent in March

Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.

Lakes iron ore trade down nearly 40 percent in March

Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.

 

   Iron ore shipments on the Great Lakes totaled 975,000 tons in March, a decrease of 39 percent compared to a year ago.
    Loadings in March also trailed the month’s five-year average by more than 26 percent.
    “The decrease reflects the lack of adequate icebreaking resources on the Great Lakes,” the Lake Carriers’ Association said. “The ice fields in Whitefish Bay at the eastern end of Lake Superior and in the Straits of Mackinac were very thick, but two of the U.S. Coast Guard’s icebreakers have been in need of extensive repairs this spring and the government shutdown did delay some work.”
    Year to date, the iron ore trade stands at 3.4 million tons, an increase of 9.5 percent. The Lake Carriers’ Association said ice conditions in January were less challenging.

I can absolutely deny that we have started a price war and can also say we have zero intent to do so. We are focused on profitability and generating cash.

The Port of Savannah is called by 39 liner services that directly connect it to regions outside North America, 16 of which call Asia, according to BlueWater Reporting's Port Dashboard tool.

Most Popular
Latest News
Social Media

Loading...

Commentary: DP World expands footprint

Commentary: DP World expands footprint

Embed this story

Share Code Version 1

This version will embed the story headline and includes HTML fallback protection, ensuring the story will display even if some users decide to disable javascript in their browsers.

Copy & Paste the following code to embed this story on your website:

Preview

Lakes iron ore trade down nearly 40 percent in March

Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.

Apr 12, 2019 on Dec 27, 2018AmericanShipper.com

Share Code Version 2

This version will embed the story headline without any styling applied. Use this version if you will use your own custom styling on your website. This version also includes HTML fallback protection.

Copy & Paste the following code to embed this story on your website:

Preview

Lakes iron ore trade down nearly 40 percent in March

Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.

Apr 12, 2019 on Dec 27, 2018AmericanShipper.com