GLIN==> Vessels Returning to Service Boost U.S.-Flag Lakes Total in October

With 5 U.S.-Flag lakers being reactivated in October, the fleet carried
8.7 million net tons of cargo, an increase of nearly 25 percent compared
to the preceding month.  The five vessels that returned to service in
October have a combined per-trip capacity of 245,000 tons and mostly
carry iron ore and coal.

 

Nonetheless, the U.S.-Flag float in October was down 21 percent compared
to a year ago.  Eight vessels remain tied to the dock because of reduced
demand for raw materials.  One small tug/barge unit in the limestone
trade has likely concluded its efforts for the year.

 

Through October, U.S.-Flag carriage stands at 51.3 million tons, a
decrease of approximately 40 percent compared to both a year ago and the
5-year average for the January-October timeframe.

 

See attached for more details.

 

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

 




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