Canadian Seaway: Transit Rate Increase

Press Release
Monday, March 18, 2013
Seaway Locks: Photo credit SLSDC

The Canadian St. Lawrence Seaway Management Corporation (SLSMC) increase tolls 3% for 2013 season.

There are no tolls charged for transiting the U.S. section of the Seaway's lock system which is operated by the U.S. Saint Lawrence Seaway Development Corporation.

More than 39 million metric tonnes of cargo transited the Seaway during the 2012 navigation season which represented a 4 percent increase in cargo volume.  The increase in cargo tonnage reflects the modest economic recovery taking place within the Seaway’s client base and the emergence of new trade patterns.  “Our carriers are making significant progress in building their share of the cargo market.  The continuation of the Seaway’s existing business incentive programs and the pending introduction of a new Gateway Incentive will serve to extend the marine mode’s competitive position, and generate new business” said Bruce Hodgson, Director of Market Development for the SLSMC.

Terence Bowles, President and CEO of the SLSMC, said: “We continue to invest in the renewal of the Seaway infrastructure so as to provide the high reliability users have become accustomed to. We are also diligently advancing efforts to reduce system costs and bring more cargo into the Seaway. To this end, we are moving forward with testing of our Hands Free Mooring technology, as part of our transit of the future initiative”.

The Great Lakes Seaway System navigation system supports over 227,000 jobs and $35 billion of economic activity annually in the U.S. and Canada.  Since its inception in 1959, more than 2.5 billion tonnes of cargo valued at over $375 billion have moved via the Seaway.  The SLSMC and its partners at the U.S. Saint Lawrence Seaway Development Corporation (SLSDC) remain are committed to leveraging technology and making the necessary infrastructure investments to enhance the Seaway’s performance, promoting the economic and environmental advantages tied to marine transportation, and attracting new cargoes to the Seaway.

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Missing Person Rescued Near Brackettville

On July 31, Border Patrol Search Trauma and Rescue (BORSTAR) agents and CBP Office of Air and Marine rescued a man who was reported missing the previous morning.

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

LR First to Certify Small Caribbean Ships

LR is the first class society to certify small commercial ships operating in the Caribbean After becoming the first classification society to issue Cargo

Finance

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1422 sec (7 req/sec)