Month: January 2018

After Robust 2017, Port Authority Anxiously Awaits U.S. Decision on Tariffs

January 31, 2018

After strong cargo growth in 2017, the Cleveland-Cuyahoga County Port Authority’s high hopes for 2018 could sink if the Trump administration decides to put a tariff on imported steel. “There certainly are some scenarios that could be bad for us. There is just no way around it,” said Will Friedman, the port’s president and CEO. “We’re still…

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Great Lakes Iron Ore Trade Up Nearly 11 Percent in 2017

January 29, 2018

Best Year Since 2012 CLEVELAND – Shipments of iron ore on the Great Lakes totaled 60.3 million tons in 2017, an increase of 10.9 percent over 2016 and the highest total recorded since 2012. The 2017 ore float also bettered the trade’s 5-year average by 4.6 percent. Loadings at U.S. ports totaled 55.75 million tons,…

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Seaway Finishes 2017 Navigation Season Strong – 38 Million Tons of Cargo Moved

January 16, 2018

  Washington, DC (January 16, 2018) – The St. Lawrence Seaway System, North America’s binational marine highway stretching 2,300 miles from the Atlantic Ocean to the Great Lakes, reported strong gains during the 2017 navigation season including a standout year in iron ore, dry bulk and general cargo shipments. The final tonnage results – 38.1…

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Great Lakes Limestone Trade Up More Than 6 Percent in 2017

January 10, 2018

CLEVELAND — Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016. 2017’s loadings were also 2.1 percent above the trade’s 5-year average. Loadings from U.S. quarries totaled 23.2 million tons, an increase of 8.4 percent compared to 2016. Shipments from U.S. quarries also…

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U.S.-Flag Great Lakes Fleet Will Get $65 Million Tune-Up This Winter

January 9, 2018

CLEVELAND – U.S.-flag Great Lakes vessel operators will spend $65 million maintaining and modernizing their vessels at Great Lakes shipyards this winter. When complete, the fleet will be ready to meet the needs of commerce come the spring break-out in March. “Winter is the one opportunity our members have to renew and upgrade their vessels,”…

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U.S.-Flag Shipping on the Great Lakes Up Slightly in November

January 4, 2018

U.S.-Flag Great Lakes freighters (lakers) moved 8.5 million tons of cargo in November, an increase of 1.3 percent, or 114,000 tons, compared to a year ago. November’s shipments were, however, slightly behind the month’s long-term average. Iron ore cargos for steelmaking totaled 4.2 million tons, a decrease of nearly 10 percent compared to a year…

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