Coal and Stone Floats Push
Dry-Bulk Trades Over 17 Million Tons In July

A record month for stone shipments and a strong coal float pushed the major Great Lakes dry-bulk trades to nearly 17.3 million tons in July, the highest monthly total recorded yet this season and an increase of 3.7 percent compared to the corresponding period last year.

Stone shipments from U.S. and Canadian ports totaled 4,980,154 net tons in July, the highest monthly total for the stone trade since LCA began its survey last decade. Spurred by strong demand from the construction industry, through July, the stone trade stands at 17.5 million tons, an increase of 13.3 percent compared to 1996's end-of-July tally.

Coal shipments in July neared 4.7 million tons, an increase of 16 percent. For the season, the coal trade stands at 17,256,626 tons, an increase of 20.1 percent. Increased demand from a Canadian utility is a major factor in coal's revival this season.

Iron ore shipments dipped slightly in July, totaling 7.6 million tons. While the July float represents a decrease of 3.7 percent, for the season, the ore trade is 2 percent ahead of last year's pace.

Great Lakes Iron Ore, Coal and Stone Trades
U.S. and Canadian Ports
Month of July, 1997
(Net Tons)

Commodity July 1997 July 1996 Season to Date
1997
Season to Date
1996
IRON ORE



Great Lakes 6,276,526 6,659,297 26,568,049 25,742,520
Eastern Canada 1,329,826 1,240,419 5,290,537 5,473,960
Total - Iron Ore 7,606,352 7,899,716 31,858,586 31,216,480
COAL



Lake Erie 2,545,025 1,770,383 9,264,372 7,201,587
Lake Michigan 219,359 152,137 984,569 625,662
Lake Superior - U.S. 1,844,767 1,939,140 6,551,693 5,825,343
Lake Superior - Canada 70,115 175,455 455,992 711,181
Total - Coal 4,679,266 4,037,115 17,256,626 14,363,773
LIMESTONE, GYPSUM



U.S. Ports 4,362,130 4,224,922 15,211,802 13,574,747
Canadian Ports 618,024 491,333 2,324,182 1,894,016
Total - Stone 4,980,154 4,716,255 17,535,984 15,468,763
Total All Commodities 17,265,772 16,653,086 66,651,196 61,049,016

Note: The above totals are carried almost exclusively by U.S.-Flag and Canadian-Flag lakers. Third-Flag vessels (i.e., salties) occasionally load coal for export overseas (167,000 tons in 1996).

The ports reporting cargo movement are as follows:

Iron Ore: Minnesota - Duluth, Two Harbors, Silver Bay and Taconite Harbor; Wisconsin - Superior; Michigan - Marquette and Escanaba.

Coal: Ohio - Toledo, Sandusky, Ashtabula and Conneaut; Illinois - South Chicago; Wisconsin - Superior; Ontario - Thunder Bay.

Limestone and Gypsum: Michigan - Calcite, Cedarville, Presque Isle, Port Inland, Drummond Island, Alabaster and Port Gypsum; Ohio - Marblehead; Ontario - Manitoulin Island, Smelter Bay, Bruce Mines and Port Colbourne.


ggn@lcaships.com
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