Shipping Industry Rebounding after Rough 2020 Year

This year, shipping is now making a comeback and iron ore is leading the resurgence.

DULUTH, Minn. — The shipping industry is picking up after a rough 2020.

With the total tonnage received last year being the lowest the Port Authority has seen since 1983.

This year, shipping is now making a comeback and iron ore is leading the resurgence.

So far there have been 2.3 million short tons going through the Twin Ports in June alone.

“We have had 243 ships pass through the Twin Ports by the end of June which is 30% ahead of last years ship count at that same point and time. And looking at coal and petcoke we’re 400% ahead of last years tonnage through the end of June,” Duluth Seaway Port Authority Executive Director, Deb DeLuca says.

Although it has been a challenging year for grain because of the dry conditions, the rest of the shipping commodities like steel and iron ore will continue to be consistent throughout the rest of the year.

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