Cleveland’s 2011 Cargo Volume Grew 31 PCT

press release
Thursday, January 26, 2012

More growth expected as Port expands rail system in largest construction project in a decade.
 

The Cleveland-Cuyahoga County Port Authority reported that overall cargo tonnage increased 31 percent in 2011, largely the result of growth in steel, iron-ore and oversized “project” cargo handled by Port facilities. The Port handled 3.4 million tons of cargo last year – the highest volume since 2008. General cargo volume rose 16 percent as both steel and project cargo posted increases; while bulk cargo increased 33 percent, as more iron ore was handled by Port operations.
 

“Trade through our port showed strong growth in 2011, which is another indicator of an economic rebound underway in our region,” said Port CEO Will Friedman. “With this momentum we are working harder than ever to develop better waterborne freight connections with global markets to help Ohio firms compete for and win business, and ultimately create new jobs.” Overall tonnage transiting the St. Lawrence Seaway increased 2.5 percent in 2011.
Separately the Port Authority’s Board of Directors agreed today to enter into a contract for nearly $3.9 million to construct an on-dock rail loop that will make the Port more competitive.


The Port selected Great Lakes Construction Company, a Cleveland-based company to build the 5,500 feet of additional track. The project is slated to be completed before the end of October, and was made possible by an Ohio Department of Development Logistics and Distribution Stimulus Loan of $3,025,000. The Port will fund the remainder of the project from its capital budget. “We are excited to move forward with the rail expansion, which exemplifies the strategic investments the Port is making to grow its maritime operations and spur more economic activity in Greater Cleveland,” said Board Chair Bob Smith. “We are also grateful to the Ohio Department of Development for its vital role in turning this project into reality.”


The rail loop will connect existing on-dock tracks, giving the two Class 1 railroads serving the Port access to the entire general cargo facility and providing enhanced opportunities for rail-to-ship and ship-to-rail cargo handling. This expanded rail service will give local companies more efficient and cost-effective shipping options, and better position the port to handle more railcars at one time, increase exports, and reach customers in a broader geographic area.
Cleveland Commercial Railroad, LLC will manage the scheduling and operations of the Port’s expanded rail system, and market it to area companies.
 

The board also authorized the Port to enter into a contract for up to $65,000 with Martin Associates to analyze the business case for launching regularly scheduled liner service between Cleveland and ports in Europe, and possibly Canada. Such service would provide new options for transporting both containerized and non-containerized cargo, offering Ohio shippers a competitive and reliable alternative to established routings, and advancing the Port’s strategic aim of diversifying its cargo base. Regularly scheduled service could also provide unprecedented opportunities to export goods from Northeast Ohio by ship directly to world markets.
 

Martin Associates previously completed market analyses for the Port Authority and recently concluded a bi-national analysis of the Great Lakes/St. Lawrence Seaway System. Under the new contract it will conduct market research and identify viable service design options that the Port can use as the basis for an ocean-carrier solicitation program that will begin later this year. The Cleveland-Cuyahoga County Port Authority operates the Port of Cleveland, a leading gateway for waterborne trade on the Great Lakes/St. Lawrence Seaway System. Nearly 18,000 jobs and 1.8 billion in economic activity result from the roughly 13 million tons of cargo that move through the Cleveland harbor on average each year. The Port also provides innovative financing services for a wide range of development projects in Northeast Ohio, and is leading initiatives to solve critical infrastructure challenges along Cleveland’s waterfronts.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ocean Installer Enters Australian O&G Market

Ocean Installer’s said that it has established office in Perth, Australia to meet demand for subsea construction services.  “This is the beginning of our presence

Nordic Wins with Noble

Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

EUCAP Nestor Train 30 Somali Coast Guards

On 21 October, the European Union’s Maritime Capacity Building Mission in the Horn of Africa and Western Indian Ocean (EUCAP Nestor) celebrated the successful completion of a two month Mentoring,

Bulk Carrier Trends

FMT Orders Another Towboat from Eastern Shipbuilding

Eastern Shipbuilding Group, Inc. is pleased to announce that Florida Marine Transporters, Inc. of Mandeville, LA exercised another additional 90’x32’x10’ “Canal

Cargill: 50,000T of Sugar Affected by Brazil Fire

Approximately 50,000 tonnes of sugar were stored in a warehouse affected by fire in the Teag terminal in Brazil on Monday, Cargill Inc said in a statement. The terminal,

Simushir Under Tow by Barbara Foss

Foss Maritime's ocean-going tug, the Barbara Foss, is towing the Russian cargo vessel, Simushir, which lost power late Thursday night off the west coast of Haida Gwaii.

Ports

Lerwick Port Awards £16.5 mi Expansion Contract

Lerwick Port Authority has awarded a construction contract for the latest expansion of the harbour’s facilities in a project costing a total of £16.5 million

Colombian Professionals to be Trained in Antwerp

APEC, the training centre for the port of Antwerp, is to provide training for shipping professionals from the port of Santa Marta (Colombia) for the next four years.

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

Logistics

Colombian Professionals to be Trained in Antwerp

APEC, the training centre for the port of Antwerp, is to provide training for shipping professionals from the port of Santa Marta (Colombia) for the next four years.

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2823 sec (4 req/sec)