Great Lakes limestone trade down 13.5 percent in August

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The following is the text of a news release from the Lake Carriers Association:

(CLEVELAND) — Shipments of limestone on the Great Lakes totaled 3.3 million tons in August, a decrease of 13.5 percent compared to a year ago. August’s loadings were also 8 percent below the month’s five-year average.

Loadings from U.S. quarries totaled 2.7 million tons, a decrease of 15.5 percent compared to a year ago. Shipments from Canadian quarries totaled 600,793 tons, a decrease equal to one load in one of the larger river-class vessels.

Year to date, the Lakes limestone trade stands at 16.5 million tons, a decrease of 7.6 percent compared to a year ago. Loadings out of Michigan and Ohio quarries total 13.2 million tons, a decrease of 11.8 percent. Shipments from Ontario quarries total 3.3 million tons, an increase of 14.3 percent.

By Professional Mariner Staff