Seaway Tolls to Increase by 3% in 2013

Press Release
Thursday, March 14, 2013

The St. Lawrence Seaway Management Corporation (SLSMC) announced that tolls for the 2013 navigation season will increase by 3%. Following a five-year freeze on toll rates, the modest increase in tolls underscores the SLSMC’s determination to maintain the positive momentum generated by its market development initiatives.

Over 39 million tons of cargo transited the Seaway in 2012, representing a 4% increase in volume. The increase in tonnage testifies to both the economic recovery taking place within the Seaway’s client base and the emergence of new trade patterns.

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 tons of cargo valued at over $375 billion have moved via the Seaway. The SLSMC remains dedicated to leveraging technology to enhance the Seaway’s performance, promoting the economic and environmental advantages tied to marine transportation, and attracting new cargoes to the Seaway.

www.greatlakes-seaway.com

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

Bulk Carrier Trends

Diana Shipping Signs Loan Facility with Danish Ship Finance

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has completed a drawdown of US$30 million,

BP Shipping Turns 100

BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group.   Formed on April 30, 1915 as the British Tanker Company,

T&T Salvage Completes OPA 90 Response in the Great Lakes

T&T Salvage was activated under its Salvage and Marine Firefighting Agreement to respond to a 600-foot laker that went aground on the St Mary’s River near DeTour Village, Mich.

Finance

Diana Shipping Signs Loan Facility with Danish Ship Finance

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has completed a drawdown of US$30 million,

Volvo Penta Offers Extended Warranty

Volvo Penta has doubled the warranty on Genuine Volvo Penta Parts and Accessories that are purchased and installed at a Volvo Penta dealer — creating even better protection for customers.

ExxonMobil Begins Production at Kizomba

Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Port Authority Ship Electronics Ship Simulators Sonar Winch
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: 0.0903 sec (11 req/sec)