Great Lakes Iron Ore Trade on the Rise

July 7, 2023

(Photo: Lake Carriers’ Association)
(Photo: Lake Carriers’ Association)

Shipments of iron ore on the Great Lakes totaled 5.8 million tons in June, an increase of 47.8% from 2022, according to latest figures published by trade group the Lake Carriers’ Association (LCA). Shipments were 12.7% above the month’s five-year average.

Year-to-date the iron ore trade stands at 19.9 million tons, 44% above the previous year’s total of 13.8 million tons, LCA said. Iron shipments are above their five-year average by 7.9% for the first half of the year.

Logistics News

ADNOC LNG Tanker Crosses Strait of Hormuz

ADNOC LNG Tanker Crosses Strait of Hormuz

Trump Grants 90-day Extension to Jones Act Waiver

Trump Grants 90-day Extension to Jones Act Waiver

Raw Sugar Futures Falls After Two-Week High Alongside Coffee, Cocoa

Raw Sugar Futures Falls After Two-Week High Alongside Coffee, Cocoa

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

Subscribe for Maritime Logistics Professional E‑News

Gulf bourses mix as U.S. Iran talks stall. New fund lifts UAE share prices
Spain urges you to buy airline tickets as the Iran war increases oil prices
Airline cancels flights due to Middle East conflict