Steel Woes Bring Sluggish Start For U.S.-Flag Fleet

With steel production down more than 11 percent this year, it is little surprise that the Great Lakes iron ore trade in U.S.-Flag bottoms got off to a slow start. Direct shipments of iron ore (those are cargos delivered directly to steel mills or to docks where they are loaded into trains for final delivery) totaled 1.4 million tons, a decrease of 24.1 percent compared to the corresponding period last year. Iron ore transshipments (the Lorain/Cleveland shuttle) were essentially unchanged.

Coal loadings in U.S. hulls were down by 16.5 percent in March and stone cargos numbered but a few. The only bright spot was an early resumption of the salt trade in U.S.-Flag vessels.

U.S.-FLAG CARRIAGE
MARCH AND SEASON-TO-DATE: 2001 - 2000
(net tons)

Commodity

March 2001

March 2000

S-T-D 2001

S-T-D 2000

Iron Ore - Direct Shipments

1,398,562

1,843,880

1,398,562

1,843,880

Iron Ore - Transshipments

488,458

460,118

537,461

490,362

Total - Iron Ore

1,887,020

2,303,998

1,936,023

2,334,242

Coal - Western

331,620

474,015

331,620

474,015

Coal - Eastern

220,217

186,932

220,217

186,932

Total - Coal

551,837

660,947

551,837

660,947

Limestone and Gypsum

76,867

290,327

76,867

290,327

Cement

181,037

221,755

210,212

259,256

Salt

43,233

0

43,233

0

Sand

0

0

0

0

Grain

0

0

0

0

Totals

2,739,994

3,477,027

2,818,172

3,544,772

In addition to the 12 U.S.-Flag Lakes operators who comprise Lake Carriers' Association, this survey includes Andrie, Inc. (cement only), Great Lakes Associates (grain) and Upper Lakes Towing Company, Inc. (various dry-bulk cargos). Pere Marquette Shipping Company also participates in this survey, but has yet to resume operations this season.
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ggn@lcaships.com
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