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Great Lakes NOV Iron Ore Trade Dips


Shipments of iron ore on the Nice Lakes totaled 4.3 million tons in November, a lower of 4.7 % from 2023. Shipments have been beneath the month’s 5-year common by 3.5 %.

Yr-to-date the iron ore commerce stands at 45.2 million tons, a lower of two.3 % in comparison with the identical level in 2023. By way of November iron ore loadings are 4.2 % above their 5-year common for that timeframe.

Since 1880, Lake Carriers’ has represented the U.S.-flag Nice Lakes fleet, which at this time can transfer greater than 90 million tons of cargos yearly which might be the inspiration of American business, infrastructure, and energy: iron ore, stone, coal, cement, and different dry bulk supplies akin to grain, salt, and sand.

Extra data is accessible at www.lcaships.com.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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