18 July 2011 23:37 [Source: ICIS news]
HOUSTON (ICIS)--A rise in chemical traffic on US inland waterways in June shows that flooding on the Mississippi river has subsided, sources said on Monday.
Chemical and petroleum shipments on US waterways in June rose by 9% year on year, according to an indicator released by the US Army Corps of Engineers.
During the previous two months, the indicator was lower year on year. Sources said that the decline stemmed from flooding on the Mississippi river in late April and May.
“There’s a normal uptick when you can ship again,” said Dan Borne, president of the Louisiana Chemical Association (LCA).
There is a backlog of shipments, however, and some are being delayed going up the Mississippi river and other waterways, said Jim Stark, executive director of the Gulf Intracoastal Canal Association.
The Corps's indicator tracks chemical and barge shipments on the Mississippi and Ohio river systems as a generic group, not by specific chemicals or petroleum products each month.
Chemical tanker arrivals on the Houston ship channel jumped by 33% in June compared with the same month last year, according to data released earlier this month by the Greater Houston Port Bureau (GHPB).
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