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

People & Company News

Indian Port Workers to Launch Indefinite Strike

Port and dock workers in India are planning to go on an indefinite strike starting March 16th – they are protesting the government’s move to corporatize major ports.

NORDEN Publishes CSR Report

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy,

LISCR Appoints New Managing Director for Hong Kong

The Liberian Registry has appointed shipping executive Gerry Buchanan as managing director of its dedicated Hong Kong office, the registry announced today.      As

Ports

Egypt on a War Footing to Expand Suez Canal

The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion,

Vancouver Port Fire Leads To Evacuation

A chemical fire at a Vancouver container terminal led to a partial evacuation of Canada’s largest port for several hours Wednesday afternoon, as a cloud of white

Indian Port Workers to Launch Indefinite Strike

Port and dock workers in India are planning to go on an indefinite strike starting March 16th – they are protesting the government’s move to corporatize major ports.

News

Ships Can’t Cope with Flow of Immigrants in Mediterranean

Merchant ship owners can’t cope with increasing flows of refugees trying to cross from Africa and the Middle East to countries like Greece and Italy, says a report

Arctic on Thin Ice

Arctic sea ice - the ice that freezes and floats on Arctic waters - is thinning at a steadier and faster rate than researchers previously thought, a new study finds.

Egypt on a War Footing to Expand Suez Canal

The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion,

Logistics

Egypt on a War Footing to Expand Suez Canal

The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion,

Massive Rent Hike at Port of Melbourne

The Port of Melbourne Corporation has told DP World Australia that it wants to increase rent at the terminal by up by 800 per cent of the current amount, reports local media.

CaroTrans Adds New Asia-US Service

CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a new all-water LCL (less than container-load) import

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Sonar Winch
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: 0.4190 sec (2 req/sec)