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