First Grain Shipload Leaves ADM Brazil Port
The first loaded vessel has departed Archer Daniels Midland Company’s (ADM) new export terminal in Barcarena, in the northern Brazilian state of Pará. ADM explains that the terminal is a significant addition to ADM’s expanding logistical network in Brazil, and offers an efficient pathway for the export of grain from the increasingly productive western and northern regions of the country. ADM received approval to begin operations at the terminal at the end of July 2014. “We are pleased to see operations underway at our new terminal in Barcarena,” said Valmor Schaffer, president, ADM South America. ADM acquired the terminal in 2012. It currently has the capacity to handle approximately 1.5 million metric tons of grain on an annual basis…
General Cargo Shipments Keep U.S. Great Lakes Ports Busy
The St. Lawrence Seaway reported that year-to-date total cargo shipments for the period March 22 to October 31 were 28 million metric tons, down 7% over the same period in 2012. With only two months left in the shipping season, U.S. ports are hustling to move as much cargo as possible. "The Seaway's principal commodities - iron ore, coal and grain - helped move the scales in the right direction for cargo tonnage handled on the Great Lakes-Seaway System," said Rebecca Spruill, Director of Trade Development at the Saint Lawrence Seaway Development Corporation.