by Guest » December 1, 2010, 1:01 pm
With the permanent reduction in the amount of coal being shipped on the lakes, there isn't the need for so many lakers anymore. The Canadian self-unloaders that were dedicated to hauling coal can be used to haul taconite pellets and salt. Some of the higher cubic capacity coal boats are also suitable to haul grain. As a result, shipowners are able to scrap ships that are in need of extensive steel renewal, instead of spending money to keep them in operation. The new lakers that are going to be built are meant to replace other ships that are nearing the end of their lives, not to replace carrying capacity being retired right now.
Currently there are about six or seven blast furnances idle around the lakes, because of the recession. There is no guarantee all those will return to service, as the economy improves, because of changes in the steel industry and increasing greenhouse gas regulations.
IMO, the number of US and Canadian flag lakers running this season, will be the new "normal." Ships that are still in lay-up will never sail again or will return to service to replace current active lakers being retired. But this type of downsizing has happened everytime there has been a serious recession in North America.
With the permanent reduction in the amount of coal being shipped on the lakes, there isn't the need for so many lakers anymore. The Canadian self-unloaders that were dedicated to hauling coal can be used to haul taconite pellets and salt. Some of the higher cubic capacity coal boats are also suitable to haul grain. As a result, shipowners are able to scrap ships that are in need of extensive steel renewal, instead of spending money to keep them in operation. The new lakers that are going to be built are meant to replace other ships that are nearing the end of their lives, not to replace carrying capacity being retired right now.
Currently there are about six or seven blast furnances idle around the lakes, because of the recession. There is no guarantee all those will return to service, as the economy improves, because of changes in the steel industry and increasing greenhouse gas regulations.
IMO, the number of US and Canadian flag lakers running this season, will be the new "normal." Ships that are still in lay-up will never sail again or will return to service to replace current active lakers being retired. But this type of downsizing has happened everytime there has been a serious recession in North America.