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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Asia Dry Bulk-Capesize Steady as Owners Spurn Low Rates

Owners anchoring ships rather than fix at low rates. W. Australia-China capesize rates hit over two-month low. Freight rates for large capesize dry cargo ships

Scorpio Bulkers books Net Loss

USA-Monaco based bulk carrier Scorpio Bulkers has reported a loss of $24.7 million in its second quarter of 2016, pushing the carrier's deficit up to $ 83 million.

CNCo Orders Remote Monitoring for 35 Vessels

Radio Holland, a global NavCom and service company in the maritime industry, said it has concluded  a maintenance and remote monitoring agreement with The China

Finance

Asia Dry Bulk-Capesize Steady as Owners Spurn Low Rates

Owners anchoring ships rather than fix at low rates. W. Australia-China capesize rates hit over two-month low. Freight rates for large capesize dry cargo ships

Scorpio Bulkers books Net Loss

USA-Monaco based bulk carrier Scorpio Bulkers has reported a loss of $24.7 million in its second quarter of 2016, pushing the carrier's deficit up to $ 83 million.

Diana Containerships in Red, Suspends Dividend

Greece-based Diana Containerships Inc. has reported a second-quarter loss of $8 million, after reporting a profit in the same period a year earlier.   The shipping

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Repair 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: 0.0580 sec (17 req/sec)