The U.S.-Flag Great Lakes fleet moved 11.9 million tons of dry-bulk cargo in May, a decrease of 2 percent compared to a year ago. Demand for iron ore is very strong, but the largest vessels in that trade were still losing 6,000 tons or more each trip because of the dredging crisis. A cement carried had to shed 2,300 tons or more each trip because of inadequate dredging. That’s 13 percent of the vessel’s capacity. See attached for more details.
Vice President-Corporate Communications
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