Great Lakes Information Network

GLIN==> Lake Coal Trade Dips a Bit in April

Glen Nekvasil Nekvasil at lcaships.com

Wed May 12 12:00:42 EDT 2010


Coal shipments on the Great Lakes totaled 2.5 million net tons in April, a decrease of 9.5 percent compared to a year ago.  However, given that the economy was in low gear a year ago, the month's 5-year average is the better measure, and in that regard, this April's loadings are more than 32 percent off the pace.



Shipments of western coal from Lake Superior fell by a third.  The drop-off reflects some later sailings for U.S.-flag colliers that were undergoing modernization and maintenance over the winter and a pressing need to resupply some steel mills with iron ore at the resumption of navigation.



The 81-percent increase in coal loadings from Lake Erie ports is the result of low inventories at a utility and a steel mill.



Year-to-date, the Lakes coal trade is on par with a year ago, but 57 percent below the 5-year average for the January-April timeframe.



See attached for more details.

Glen G. Nekvasil
Vice President - Corporate Communications
Lake Carriers' Association
Suite 720
20325 Center Ridge Rd.
Rocky River, OH  44116
Phone: 440-333-9996
Cell: 216-702-6360


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 Lake Carriers' Association. 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.
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