Inch by Inch, Great Lakes Shrink, and Cargo Carriers Face Losses

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Posted on: October 23rd, 2007
Filed Under: [ Business ]

““What we need is some rain,” said Mr. Daniels, director of the Port of Oswego Authority, one of a dozen public port agencies on the United States side of the Great Lakes. “The more we lose water, the less cargo the ships that travel in the Great Lakes can carry, and each time that happens, shipping companies lose money,” he said. “Ultimately, it’s people like you and I who are going to pay the price.”

Water levels in the Great Lakes are falling; Lake Ontario, for example, is about seven inches below where it was a year ago. And for every inch of water that the lakes lose, the ships that ferry bulk materials across them must lighten their loads by 270 tons — or 540,000 pounds — or risk running aground, according to the Lake Carriers’ Association, a trade group for United States-flag cargo companies.

As a result, more ships are needed, adding millions of dollars to shipping companies’ operating costs, experts in maritime commerce estimate.”*

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