Ore Slump Makes 1,000-Footers More Active In SMET Trade

With the iron ore trade slumping, U.S.-Flag 1,000-footers are increasing their participation in the western coal trade. As a result, June loadings at Superior Midwest Energy Terminal (SMET) increased 22.2 percent to 1,923,838 net tons. For the season, coal shipments from SMET stand at 5,973,156 net tons, an increase of 6.3 percent. The SMET trade has also been helped by the rise in water levels. As June ended, the 1,000-footers were loading nearly 64,000 tons per trip. Last June, a typical cargo in a 1,000-footer was around 62,000 tons.

Coal loadings at Thunder Bay, Ontario, totaled 116,000 tons in June, up a couple boat loads from a year ago. For the season, coal loadings at Thunder Bay stand at 315,000 tons, an increase of roughly 90,000 tons.

Coal Shipments From Superior Midwest Energy Terminal: 2001 Navigation Season

June 2001

June 2000

Season-To-Date 2001

Season-To-Date 2000

Loadings

Cargos

Loadings

Cargos

Loadings

Cargos

Loadings

Cargos

1,923,838

39

1,574,149

34

5,973,156

130

5,616,324

123

 

ggn@lcaships.com
Return to
LCA's Homepage