St. Lawrence Seaway Sees Late Season Surge

press release
Monday, January 14, 2013

Tonnage Exceeds Forecast as Grain Heads to Overseas Markets.

 

The St. Lawrence Seaway Management Corporation (SLSMC) announced today that tonnage increased by 4% to 38.9 million tonnes during the 2012 navigation season, exceeding the SLSMC’s original forecast by 300,000 tonnes thanks in part to a late season surge in grain movements. Strong performance within a number of core markets contributed to an overall gain of 1.4 million tonnes for the year, when compared to the Seaway’s 2011 result of 37.5 million tonnes.

 

Demand for low sulphur coal in Europe led to a substantial increase in coal volumes, while busy Chinese steel mills triggered an upsurge in the demand for iron ore.  The shipments of coal and iron ore were brought to the Great Lakes and loaded on domestic Laker vessels.  The Lakers then proceeded from the Great Lakes to the lower St. Lawrence River, where the commodities were trans-shipped to larger ocean vessels, for export to overseas destinations.

 

On the grain front, 2012 was a story of contrasts as strong Canadian grain movements offset a sharp drop in U.S. grain movements, due to the drought which impacted the majority of the U.S. grain belt.  Terence Bowles, President and CEO of the SLSMC, emphasized the essential role that the Seaway plays within the North American transportation network. “The Seaway was instrumental in providing grain shippers with the means to rapidly respond and capitalize on market opportunities late in the season”, said Bowles.

 

A number of newly built state-of-the art vessels came into service within the Seaway in 2012, boasting sharp increases in fuel efficiency and reductions in emission levels.  “These new vessels, part of a billion dollar fleet renewal effort by domestic and ocean carriers, combined with our marketing efforts which have recorded 10.6 million tonnes in new business over the past five years, underscore the Seaway’s future potential”, added Bowles.

 

The 2012 season also witnessed an important advance in navigational technology.  “The commissioning of the Draft Information System (DIS) further enhances vessel safety and efficiency”, said Craig Middlebrook, Deputy Administrator of the U.S. Saint Lawrence Seaway Development Corporation. “A vessel equipped with DIS can now precisely gauge the amount of water under the ship’s keel, given satellite guided navigation combined with highly precise models of the channel floor.”

 

The St. Lawrence Seaway closed for the season on December 29th, 2012, with the westbound vessel John B. Aird transiting the Iroquois Lock at 8:59 p.m. After transiting the Iroquois Lock, the John B. Aird proceeded further west and served as the last vessel to transit the Seaway’s Welland Canal, clearing Lock 8 at Port Colborne on December 31st at 4:23 a.m.

 

Some 227,000 jobs and $34 billion in economic activity are supported by the movement of goods within the Great Lakes / Seaway waterway. For more information on the Seaway, please consult the www.greatlakes-seaway.com website.

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

People & Company News

Frontline appoints Macleod as new CEO

Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.

BHP Bullish on Caval Ridge's Prospects

Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.

Vice Presidents Rejig at Caterpillar Inc

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT)

Ports

India to Develop Iran's Chabahar Port

India will float a company to develop Iran's Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran's relations with world powers.

Long Beach Port Adds ‘Free Time’ for Cargo to Ease Congestion

The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some

ITIC Measures against Ebola

The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently

News

Rolls-Royce to Design, Equip Stern Trawler for Ramoen

The Armon shipyard in Gijón, Spain has entered into a contract to build a new Stern Trawler for the Norwegian fishing company Ramoen. The vessel will be a Rolls-Royce design,

Frontline appoints Macleod as new CEO

Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

Logistics

Keppel Logistics Expands in Australia

Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down

Long Beach Officials on Trade Mission in Asia

Meeting with shipping lines to build business for Port of Long Beach Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff

Maersk to Bump Asia-Europe Rates

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.2155 sec (5 req/sec)