Great Lakes Iron Ore Trade Down in September

Posted by Eric Haun
Wednesday, October 26, 2016

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5,258,269 tons in September, a decrease of 5.6 percent compared to a year ago, the Lake Carriers’ Association reported. Shipments trailed the month’s five-year average by even more, 15.3 percent.

Shipments from U.S. Great Lakes ports totaled 4,916,787 tons in September, an increase of 60,544 tons, or roughly one load in a 1,000-foot-long U.S.-flag laker. However, loadings at Canadian terminals in the Seaway fell 52 percent to just 341,482 tons.

Year-to-date the iron ore trade stands at 38,109,839 tons, a decrease of 2.5 percent compared to the same point in 2015. Year-over-year, loadings at U.S. ports are up by 330,000 tons, or 0.97 percent, but shipments from Canadian ports in the St. Lawrence Seaway have slipped by 1,326,000 tons, or 25.8 percent.

Categories: Bulk Carriers Great Lakes Logistics

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