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Iron Ore Cargoes on Great Lakes

Created: 05/16/2013 5:51 PM WDIO.com

Shipments of iron ore on the Great Lakes totaled 5.6 million tons in April, a decrease of 9 percent compared to a year ago.

However, loadings were 11 percent ahead of the month’s 5-year average. Shipments from U.S. ports totaled 4.9 million tons, a decrease of 9.5 percent compared to a year ago.

The April total included 257,000 tons shipped to Quebec City for loading into oceangoing vessels and delivery overseas.

Shipments from Canadian ports totaled 700,000 tons.

The decrease from a year ago – 36,000 tons – is the equivalent of approximately 1.3 cargos in a Seaway-sized laker.

Year-to-date, the Lakes ore trade stands at 10.8 million tons, a decrease of 10 percent compared to a year ago.

Loadings are, however, up more than 13 percent compared to the 5-year average for the January-April timeframe.

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