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Lakers' iron ore cargoes up 13 percent in November

Dec 20, 2016 09:37 AM

Loadings at Canadian terminals in the Seaway fall nearly 26 percent

The following is the text of a news release from the Lake Carriers' Association:

(CLEVELAND) — Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in November, an increase of 13 percent compared to a year ago. Shipments were also slightly ahead of the month’s five-year average.

Shipments from U.S. Great Lakes ports totaled 5 million tons in November, an increase of 19.5 percent. However, loadings at Canadian terminals in the Seaway fell nearly 26 percent to just 530,000 tons.

Year to date, the iron ore trade stands at 48.9 million tons, a slight decrease compared to the same point in 2015. Year over year, loadings at U.S. ports total 44.1 million tons, an increase of 3.2 percent, but shipments from Canadian ports in the St. Lawrence Seaway have slipped to 4.8 million tons, a decrease of nearly 27 percent.

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