GLIN==> Great Lakes Coal Trade Down 8 Percent in April

Shipments of coal on the Great Lakes totaled 2.3 million net tons in April, a decrease of 8 percent compared to a year ago.  Loadings fell even further - 31.3 percent - when compared to the month's 5-year average.



A significant reduction in coal cargos to Canada is a major factor in the decline compared to previous years.  Two docks that last April collectively shipped 17 coal cargos to Canada loaded but two Canadian-bound cargos this April.  The province of Ontario is phasing out the use of coal for power generation.  Ontario Regulation 496/07, referred to as Cessation of Coal Use, bans the burning of coal as a fuel source at power plants throughout the province after December 31, 2014, and utilities are already transitioning to other fuel sources.



Year-to-date, the Lakes coal trade stands at 3.6 million tons, essentially unchanged from a year ago.  However, shipments trail the 5-year average for the January-April timeframe by 35.5 percent.


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


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