U.S.-Flag Carriage Inches Upward Again In June

U.S.-Flag shipments of dry-bulk cargo on the Great Lakes in June totaled 11.4 million net tons, a decrease of 3 percent compared to a year ago. However, the June total represents the second month in a row in which the gap between this season and last has narrowed significantly. The 2002 season began with a 20-percent decrease in April, the first full month of navigation in the dry-bulk trades, but May float was down by 9.4 percent.

Another positive sign in June was the sailing of three idled lakers. Oglebay Norton Marine Services Company activated its BUCKEYE on June 8 and its COURTNEY BURTON on June 15. Both vessels are mid-sized self-unloaders. Interlake Steamship sailed its 1,000-footer JAMES R. BARKER on June 29. However, there are still four U.S.-Flag lakers with no sail date for 2002, and a fifth, the KINSMAN INDEPENDENT, has been laid up until more grain cargos become available.

For the first time this season, the June U.S.-Flag iron ore total increased compared to the corresponding period last year. Shipments of iron ore in U.S. bottoms topped 5.4 million tons, an increase of 3.2 percent. The trade benefited from the resumption of steel production at ISG's Cleveland and Indiana Harbor facilities. However, for the season, U.S.-Flag iron ore cargos have declined by nearly 19 percent, a clear indication that the American steel industry has yet to turn the corner in its efforts to rebound from years of unfair trade in foreign steel.

Coal loadings in U.S.-Flag lakers slipped 5.3 percent to 2.2 million net tons in June. The season-to-date total, 6.9 million tons, represents a decrease of 1.8 percent. Reduced demand for western coal from a major Michigan utility accounts for the decrease.

Stone cargos in U.S. hulls fell nearly 10 percent in June to 3.1 million tons. Steel's struggles continued to impact shipments of fluxstone, but a general sluggishness in the construction market also contributed to the decrease.

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

Commodity

June 2002

June 2001

S-T-D 2002

S-T-D 2001

Iron Ore
Direct Shipments

5,256,946

4,954,038

14,950,760

16,857,700

Transshipments

175,262

  308,847

310,995

1,949,190

Total - Iron Ore

5,432,208

  5,262,885

15,261,755

18,806,890

Coal
Lake Superior Ports

1,396,113

1,571,048

4,076,931

4,610,280

Lake Michigan Ports

181,713

192,230

770,720

774,873

Lake Erie Ports

666,877

606,677

2,051,567

1,637,861

Total - Coal

2,244,703

2,369,955

6,899,218

7,023,014

Limestone

3,085,902

3,400,801

8,697,946

8,993,721

Cement

475,994

465,312

1,329,703

1,472,400

Salt

61,323

81,154

231,046

265,815

Sand

34,072

  123,653

82,881

185,443

Grain

50,781

  32,999

133,695

130,496

Totals

11,384,983

  11,736,759

32,636,244

36,877,779

In addition to the U.S.-Flag Lakes operators who comprise Lake Carriers' Association, this survey includes Andrie, Inc. (cement only), Great Lakes Associates (grain), Hannah Marine Corp. (cement only), Pere Marquette Shipping Company and Upper Lakes Towing Company, Inc. (both various dry-bulk cargos).
.
DATE OF PUBLICATION: JULY 15, 2002

For more information, contact Glen Nekvasil (216-861-0592 / ggn@lcaships.com).

ggn@lcaships.com
Return to
LCA's Homepage