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If your ship line have less goods to transport, maybe you made a new steel production chain somewhere else which has cheaper fares and also provides steel to the same consumer(s). This will have industries prefer the raw materials to go down the cheaper chain. Sometimes people, like me, make lines that unknowingly compete with one another. Recover from this by isolating chains so they only deliver to consumers not already serviced by identical chains.
Here a few pictures of my North Atlantic in hard mode, no mods, just vanila....that play , I win my hard mode medals btw...
Here a list of my boats fleets...
https://steamuserimages-a.akamaihd.net/ugc/911297278698804005/3A1F7AED7DEB177F364050795A3059F833A6F9E4/
Here two route - Food - Brick, Food - Good.... I was trying to keep the boats loaded both way... I have the North American market, and the UK / Europe market.
https://steamuserimages-a.akamaihd.net/ugc/911297278698807562/9992ABDDA35CD80E06F82BEA800B2708739277DF/
Here some routes for plastics, crude, fuels europian distribution lines
https://steamuserimages-a.akamaihd.net/ugc/911297278698806388/6D834C076DC2E4CC66F1B130F2B8687A6A7AEEF2/
Here the Woods - Plank and Iron boats lines...
https://steamuserimages-a.akamaihd.net/ugc/911297278698805002/A83AB4DA99E5B42AC845DE0760ADA396A6B45597/
Here a recent Food - Good boat line... Goods shippment for the North American market and Foods for the Europe market. And also some Bricks from the UK , via New York going to Europe....
https://steamuserimages-a.akamaihd.net/ugc/911297278698805643/A1B161F5838CDAB48AFC715CB903F5F17F3D577E/
Bear in mind, this map is Hard Mode, started in 1850, the income is just half of Easy Mode, so in easy, it would be very profitable....boats have a lower running cost, and I just add more boats to the line if more products show up at the ports. As for the demands, my cities are well above 200 , so the combine demands is ...high.... As for the trains...well in this map, not so much....thay are very high running cost, I got a lots of trucks and buses...
So the key is ...the demand...even a simple boat line will work, as long it is connect properly ( with transfer line if nessary ) , if the demand is low, sometime one boat is good enough to do the job and just to get started... and alway keep your boats fully loaded ( if possible ).... As for my boat line New York - London - Foods - Bricks , I set to "pick any
load" for both stop, so I have a constant flow of boats traffics and have a proper frequency, ...I notice it help the production and have more goods on the line...But in the begining, I set to "Full Load" to get the line stated...
In your case, try to have a dedicated coal / iron line ( Boat set Coal AND Iron load only ) AND a dedicated steel line ( Boat set to Steel load only ), so 2 line instead of one line...
If my guess is right...
First one is on a medium difficulty map. This one includes a ferry passenger service. In both maps I have altered the calender to be 3 times slower which results in more consistent yearly earnings but does not alter the average since the game automatically makes my earnings 3 times less to compensate for 3 times as many deliveries per year.
https://steamcommunity.com/sharedfiles/filedetails/?id=1405605629
And this one is on hard difficulty. There are only cargo lines here.
https://steamcommunity.com/sharedfiles/filedetails/?id=1405605379
hum...agree...for a river boat line, maybe an ocean to cross or a big lake, maybe a boat passager line may work well , unless it is in competition with the airline...
Passager line using boat is .... mix ...maybe profitable and not...
Cargo line...yeah... big profits ..
https://steamuserimages-a.akamaihd.net/ugc/911297278703045202/9F27BF372B9E6BF13E48CE1F3811A94DE79202E3/
In this one, I just recently add a new ferry line, using hovercrafts, Both towns have only two bus on their transit line, the volume is still not there...yet...so if peoples want to drive to Sault Saint Marie or Subury, it is going to be a long drive. The line only start in the mid 1990's
https://steamuserimages-a.akamaihd.net/ugc/911297278703042551/12D1D6A454407175DC7A3FD210AC64B06E2BEC42/