GLIN==> Great Lakes Limestone Trade Struggles Again in July

U.S. and Canadian Great Lakes ports loaded 2.9 million net tons of
limestone in July, a decrease of 31 percent compared to a year ago.
Loadings slumped even further when compared to the month's 5-year
average: 37 percent.  Although some quarries reported a slight increase
in demand for fluxstone from the steel industry, the construction
industry remains depressed, so orders for aggregates are weak.

 

The dredging crisis added to the trade's woes in July.  A
1,000-foot-long integrated tug/barge twice loaded limestone, and the
cargos totaled 97,492 tons.  However, if the U.S. Army Corps of
Engineers dredged the Great Lakes to project dimensions, the vessel
would have delivered almost 108,000 tons of limestone.  The dredging
crisis cost the vessel almost 10 percent of its rated carrying capacity.

 

For the year, the limestone trade stands at 10.3 million tons, a
decrease of 35.5 percent compared to a year ago.  Shipments are 42.4
percent below the 5-year average for the January-July timeframe.

 

See attached for tabular report.

 

Glen G. Nekvasil

Vice President-Corporate Communications

Lake Carriers' Association

Suite 720

20325 Center Ridge Road

Rocky River, OH  44116

   P:  440-333-9996

   F:  440-333-9993

   C:  216-702-6360

   E:  nekvasil at lcaships.com <mailto:nekvasil at lcaships.com> 

 




This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the  company. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://www.great-lakes.net/lists/glin-announce/attachments/20090804/e7d90f8c/attachment.html 
-------------- next part --------------
A non-text attachment was scrubbed...
Name: lime0709.pdf
Type: application/octet-stream
Size: 126868 bytes
Desc: lime0709.pdf
Url : http://www.great-lakes.net/lists/glin-announce/attachments/20090804/e7d90f8c/attachment.obj