No Recovery In U.S.-Flag Carriage In April

U.S.-Flag cargo movement on the Great Lakes totaled 8.3 million net tons in April, a decrease of 19.2 percent compared to the corresponding period last year and likely the lowest April total in more than a decade.

Continued reduced demand for iron ore accounted for the decrease. Direct shipments of iron ore fell 25 percent to 3.8 million tons. With a number of blast furnaces idle, a decrease of unavoidable, but shipments also suffered from high inventories at certain Great Lakes basin steel mills. Transshipments of iron ore from Lorain, Ohio, to Cleveland have yet to resume following the closure of LTV Steel last December.

The coal and limestone trades were virtually unchanged from a year ago, but it should be noted these totals represent a decline from levels achieved just a few years ago. The stone trade in particular has suffered from reduced steel production and a slowing in major construction projects in the region.

The U.S.-Flag Great Lakes fleet began April with 27 of its 67 vessels in service. During the month another 24 vessels were activated. As of today (May 13), the active fleet stands at 54 vessels.

  U.S.-FLAG CARRIAGE
APRIL AND SEASON-TO-DATE: 2002 - 2001
(net tons)

Commodity

April 2002

April 2001

S-T-D 2002

S-T-D 2001

Iron Ore - Direct Shipments

3,810,015

5,028,052

4,904,014

6,426,614

Iron Ore - Transshipments

0

687,899

0

1,225,360

Total - Iron Ore

3,810,015

5,715,951

4,904,014

7,651,974

Coal - Western

1,105,148

1,213,608

1,402,544

1,545,228

Coal - Eastern

694,954

591,499

958,585

811,716

Total - Coal

1,800,102

1,805,107

2,361,129

2,356,944

Limestone

2,289,291

2,287,855

2,465,509

2,364,722

Cement

270,123

321,373

455,685

531,585

Salt

107,467

101,920

119,625

145,153

Sand

0

0

0

0

Grain

15,677

32,165

15,677

32,165

Totals

8,292,675

10,264,371

10,311,639

13,082,543

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), Pere Marquette Shipping Company and Upper Lakes Towing Company, Inc. (both various dry-bulk cargos).
.

For more information, contact Glen Nekvasil (216-861-0592).

ggn@lcaships.com
Return to
LCA's Homepage