U.S.-Flag Great Lakes Carriage
Posts First Real Gain Of The Season In July

U.S.-Flag lakers moved 11.6 million net tons of dry-bulk cargo on the Great Lakes in July, the first time this season the float really exceeded the corresponding period last year. (One U.S.-Flag laker moved a few, sporadic cargos of iron ore in February of this year, but that is not typical of the industry.)

Iron ore cargos moved in U.S. bottoms totaled 5.4 million tons in July, an increase of 10 percent compared to the corresponding period last year. The increase reflects in part the gradual start-up of ISG's mills in Cleveland and Indiana Harbor. However, on a season-to-date basis, iron ore loadings still trail last year by nearly 13 percent.

Coal cargos carried by U.S.-Flag lakers totaled 2.5 million tons in July, a decrease of 7.7 percent. It must be noted, however, that July 2001 loadings of western coal set a record for the U.S.-Flag fleet, so the decrease is not as significant as it appears at first glance. For the season, the U.S.-Flag coal float stands at 9.4 million tons, a decrease of 3 percent.

Stone shipments in U.S.-Flag lakers decreased 2.6 percent in July to 3,155,649 tons. Sluggish demand for aggregate has plagued the trade all season and through July, U.S.-Flag loadings have fallen 3.1 percent to 11,853,595 tons.

As July began, the U.S.-Flag Lakes fleet had 57 of its 66 vessels in service. On July 8, the mid-sized self-unloader AMERICAN REPUBLIC (American Steamship Company) began its season . Four lakers remain idle this season: ELTON HOYT 2ND (Interlake Steamship); EDWARD L. RYERSON (Central Marine Logistics); RICHARD REISS (Erie Sand); and JOSEPH H. FRANTZ (Oglebay Norton Marine Services Company).

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

Commodity

July 2002

July 2001

S-T-D 2002

S-T-D 2001

Iron Ore
Direct Shipments

5,166,508

4,790,569

20,117,268

21,648,269

Transshipments

241,910

124,502

552,905

2,073,692

Total - Iron Ore

5,408,418

4,915,071

20,670,173

23,721,961

Coal
Lake Superior Ports

1,783,624

1,932,708

5,860,555

6,542,988

Lake Michigan Ports

218,271

252,596

  988,991

1,027,469

Lake Erie Ports

539,705

523,748

  2,591,272

2,161,609

Total - Coal

2,541,600

2,709,052

  9,440,818

9,732,066

Limestone

3,155,649

3,242,908

11,853,595

12,236,629

Cement

421,963

474,099

1,751,666

1,946,499

Salt

49,016

83,602

262,062

349,417

Sand

14,113

59,965

96,994

245,408

Grain

0

0

133,695

130,496

Totals

11,590,759

11,484,697

44,209,003

48,362,476

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: August 15, 2002

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

ggn@lcaships.com
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