Steel shipments help Port of Indiana reach record levels in 2014

Friday, 16 January 2015 01:49:56 (GMT+3)   |   San Diego
       

The Port of Indiana-Burns Harbor announced Thursday that it handled more shipments in 2014 than any year since the port opened in 1970. Total tonnage was up 30 percent over 2013 driven by strong shipments of steel, grain and salt.

"It was a terrific year thanks to our port companies, steelmakers and businesses that use our port," said Rich Cooper, CEO for the Ports of Indiana. "Federal Marine Terminals, the port's terminal operator, and its labor force did a tremendous job handling the significant cargo increases that arrived at the port by ship and barge. They extended their work hours and even worked weekends on a number of occasions to meet customer expectations."

The port also had a 35-percent increase in ocean vessels over 2013 and nearly a 25-percent increase in river barges moving through the Illinois/Mississippi river system.

"Steel going into the manufacturing sector was a key driver for the increase in port shipments," said Port Director Rick Heimann. "In 2013, the port handled its highest steel volume since 2006 and 2014's steel tonnage more than doubled the previous year's total. The port also handled over 500 barges in 2014 for the first time in several years."

Two port companies announced major expansions in 2014 as NLMK invested $8 million to expand its steel mini-mill operation and Carmeuse Lime & Stone pumped $11 million into its limestone processing facility.

Maritime operations at the Port of Indiana-Burns Harbor generate $4.3 billion per year in economic activity and support 33,000 total jobs.


Similar articles

US suspends freight rail operations at three Texas border bridges

18 Dec | Steel News

Shipments of iron ore on the Great Lakes up 8.9 percent in July

03 Aug | Steel News

Iron ore shipments on the Great Lakes up 47.8 percent in June

10 Jul | Steel News

Iron ore shipments on the Great Lakes up 27.8 percent in May

08 Jun | Steel News

Iron ore shipments on the Great Lakes decline in December, full-year 2022

12 Jan | Steel News

Iron ore shipments on the Great Lakes up 4.5 percent in November

09 Dec | Steel News

AISI urges Congress to intervene in potential railroad strike

30 Nov | Steel News

Iron ore shipments on the Great Lakes down 44.7 percent in April

13 May | Steel News

US Steel partners with Norfolk Southern and Greenbrier for sustainable steel railcar

09 Dec | Steel News

Nucor to expand fastener division with acquisition of Indiana processing facility

06 Oct | Steel News