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boating and the economy

DH
David H Sorenson
Thu, May 14, 2009 1:19 PM

While this post is not directly related to trawlers, indirectly it is.
The steel industry certainly reflects an important indicator of the
American economy. Reports this week indicate that taconite shipments (aka
iron ore) on the Great Lakes is down by 67% over a year ago. Here in
Duluth, large ore freighters are tied up idle all around the harbor.
Moreover, the iron mines just north of here continue to lay off workers.
Twenty-eight lakers (Great Lakes freighters) are laid up across the
lakes. One port (Silver Bay, MN) which ships taconite (iron ore)
shipments exclusively is down 94% over a year ago.

While we don't have to contend with as many ships getting in our way, it
is an ominous indicator that this economy is still in deep trouble.

http://tinyurl.com/qvf4kw

David Sorenson
Duluth


Need cash? Click to get a loan.
http://thirdpartyoffers.juno.com/TGL2141/fc/BLSrjpTFRc8aylrL3I9RqGHCeokgFraipkAnEI74y7pPBjVNUV3vshfN7E0/

While this post is not directly related to trawlers, indirectly it is. The steel industry certainly reflects an important indicator of the American economy. Reports this week indicate that taconite shipments (aka iron ore) on the Great Lakes is down by 67% over a year ago. Here in Duluth, large ore freighters are tied up idle all around the harbor. Moreover, the iron mines just north of here continue to lay off workers. Twenty-eight lakers (Great Lakes freighters) are laid up across the lakes. One port (Silver Bay, MN) which ships taconite (iron ore) shipments exclusively is down 94% over a year ago. While we don't have to contend with as many ships getting in our way, it is an ominous indicator that this economy is still in deep trouble. http://tinyurl.com/qvf4kw David Sorenson Duluth ____________________________________________________________ Need cash? Click to get a loan. http://thirdpartyoffers.juno.com/TGL2141/fc/BLSrjpTFRc8aylrL3I9RqGHCeokgFraipkAnEI74y7pPBjVNUV3vshfN7E0/
AG
Al Golden
Thu, May 14, 2009 2:12 PM

Looks like the Nordhavn 40 that did the circumnavigation a few years ago
is at the end of our pier this morning.

Just wondering what she's doing lately...

Al Golden
International Marine Insurance Services
1-800-541-4647

Looks like the Nordhavn 40 that did the circumnavigation a few years ago is at the end of our pier this morning. Just wondering what she's doing lately... Al Golden International Marine Insurance Services 1-800-541-4647