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GLIN==> Lakes Limestone Trade Down 3.4 Percent in May



Shipments of limestone totaled 4.2 million net tons in May, a decrease of 3.4 percent compared to a year ago.  Sluggish demand in some markets is a factor, but the dredging crisis was plainly evident.  One vessel (and 75 U.S.-Flag Lakers are in service) lost 15,000 tons of stone in just three trips because of having to light load.  A large quarry can load 40-50 stone cargos a month, so a lot of product is being left at the dock because of inadequate dredging.

 

Glen G. Nekvasil

Vice President-Corporate Communications

Lake Carriers' Association

Suite 915

614 West Superior Avenue

Cleveland, OH  44113-1383

   P:  216-861-0592

   F:  216-241-8262

   C:  216-702-6360

   E:  nekvasil@lcaships.com

 

Attachment: lime0508.pdf
Description: lime0508.pdf