Seaway Concludes 53rd Navigation Season

press release
Tuesday, January 17, 2012

The St. Lawrence Seaway closed for the season on December 30, 2011, with the westbound vessel Algoma Spirit reaching Lake Ontario at 7:54 a.m. after having transited the locks on the St. Lawrence River.

 

The Seaway’s 53rd navigation season commenced on March 22nd, and the system remained open for a record 284 days, exceeding by one day the previous record set in 2006. The tug / barge combination John Spence / Niagara Spirit was the last vessel to transit the Welland Canal, clearing Port Colborne December 30th at 8:26 p.m. on its way to Lake Erie. The St. Lawrence Seaway’s positive momentum remained intact in 2011, with tonnage volumes rising by 2.5% to reach an estimated 37.5 million tonnes.  Trade patterns exhibited a number of changes, most notably with iron ore and coal becoming export commodities due to strong overseas demand.  Grain volumes decreased overall by some 6.4% due to a decrease in the amount of U.S. grain moving via the Seaway.  Strong increases in the volume of bulk liquids, salt and scrap metal contributed to an overall cargo increase of 930,000 tonnes for the system’s 2011 season.
Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation, noted that the year brought about some significant progress on a number of fronts.  “We recognize that while some of our core markets remain under pressure, work is progressing in terms of diversifying our market base, containing our costs, and increasing the system’s productivity.  Over the last four years, our market development efforts have generated $12.5 million in new business revenue” said Bowles.


“In addition to advances in cargo volumes, we achieved a good deal of progress in 2011 on a number of other fronts” said Bowles.  “In October of 2011, a new three-year labour agreement was ratified, extending to March 31, 2014. We reached a fair settlement that controls our costs and ensures that our customers can continue to experience reliable service.”


“This is the second consecutive year of increases in Seaway traffic and tonnage, reflecting the resilience of the North American economy” said Collister Johnson, Jr., Administrator of the U.S. Saint Lawrence Seaway Development Corporation. A recently published economic impact study, commissioned by Marine Delivers, demonstrates the significant role that the Great Lakes / Seaway system plays in supporting the Canadian and U.S. economies.  Some 227,000 jobs and $34 billion in economic activity are supported by the movement of goods within the Great Lakes / Seaway waterway. Since its inception in 1959, over 2.5 billion tonnes valued in excess of $375 billion has been transported via the Seaway.  For more information on the Seaway, including access to the full text of the economic impact study, please consult the www.greatlakes-seaway.com website.
 

Maritime Today


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

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

People & Company News

Costa Concordia Captain's Sentence Upheld

The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court.

Partners Target Improved Maritime Efficiency

On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding &

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

Bulk Carrier Trends

Seaway Stakeholders File Suit Against US Coast Guard

Ports and vessel operators challenge what they call “flawed pilotage fees”   A coalition of U.S. Great Lakes ports, vessel operating companies and maritime trade

Roger Blough Salvage Underway

Salvage divers from DonJon-Smit plan to begin an underwater survey of the hull of 833-foot U.S. cargo vessel Roger Blough, which ran aground Friday afternoon on

BIMCO President Speaks on Dry Bulk's Road to Recovery

“Scrapping ships and no new builds is the fastest road to recovery for the dry bulk market” BIMCO President Philippe Louis-Dreyfus comments on BIMCO’s latest market

Navigation

Seaway Stakeholders File Suit Against US Coast Guard

Ports and vessel operators challenge what they call “flawed pilotage fees”   A coalition of U.S. Great Lakes ports, vessel operating companies and maritime trade

Industry Event to Explore e-Navigation

e-Navigation and the Gulf Area: Meeting Information Needs Where Blue Water, Brown Water and Port Facilities Intersect   An event examining the role, development

Coast Guard to Remove Some Navigation Aids in Virginia

The U.S. Coast Guard is scheduled to discontinue 166 navigational aids within the Virginia Inside Passage (VIP) due to shoaling and other navigational safety concerns throughout the area.

News

Kvichak Delivers for the NYPD

Kvichak Marine Industries informs it continues to expand production of its high performance vessel line with delivery of another Response Boat - Medium Commercial   Kvichak,

Seaway Stakeholders File Suit Against US Coast Guard

Ports and vessel operators challenge what they call “flawed pilotage fees”   A coalition of U.S. Great Lakes ports, vessel operating companies and maritime trade

Royal Caribbean Selects Quintiq Software

Quintiq, a Dassault Systèmes company, announced that Royal Caribbean Cruises Ltd. has selected its software solution to optimize the assignment of more than 80,

Great Lakes

Seaway Stakeholders File Suit Against US Coast Guard

Ports and vessel operators challenge what they call “flawed pilotage fees”   A coalition of U.S. Great Lakes ports, vessel operating companies and maritime trade

Roger Blough Salvage Underway

Salvage divers from DonJon-Smit plan to begin an underwater survey of the hull of 833-foot U.S. cargo vessel Roger Blough, which ran aground Friday afternoon on

Fednav (Belgium) N.V. Celebrates its 50th Anniversary

Shortly after the inauguration of the Saint Lawrence Seaway in 1959, and the growth of grain exports that followed, bulk shipper Fednav realized that incoming steel

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
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: 0.1248 sec (8 req/sec)