Seaway Wraps Up with Grain Surge

MarineLink.com
Thursday, January 16, 2014

For the second consecutive year, a surge in grain movements led to a strong finish for the St. Lawrence Seaway.  The St. Lawrence Seaway Management Corporation (SLSMC) announced today that the Seaway closed for the season on January 1, 2014, with the eastbound vessel Orsula transiting the St. Lambert Lock in Montreal at 1:29 p.m. The last vessel to exit the Welland Canal was the CSL Laurentian, which transited Lock 8 at 3:38 p.m. the same day.  Consequently, both sections of the Seaway were open for 286 days, given an opening date of March 22.

A relatively late harvest in the Prairies producing record breaking volumes led to a delay in the movement of grain. Once the grain began to move, the Seaway played a key role in enabling farmers to move their crops to market, contributing to a surge in Seaway cargo during the month of December. Despite the cold snap enveloping much of North America, a total of 4.4 million tonnes of cargo moved through the Seaway in December, exceeding last year’s December volume by 130,000 tonnes, and eclipsing the five year December average by some 20%.

“The record breaking crop proved to be both a bounty for farmers and a logistical challenge for the grain handling industry” said Terence Bowles, President and CEO of the SLSMC. “Once again, marine carriers moving grain through the Seaway proved to be an invaluable part of the transportation network, enabling farmers to reach markets that they may otherwise not have been able to profit from.  While we had planned to close the season on December 30, the unusually cold weather brought about transit delays, necessitating an additional two days of operation. We are particularly proud of our employees who worked tirelessly during late December’s frigid conditions, to enable vessels to finish their transits.”

Seaway tonnage for the 2013 navigation season which began on March 22nd amounted to 37 million tonnes, some 5.3% lower than the volumes experienced in 2012. Despite the late season surge in grain, overall grain tonnage was down 3.2% in 2013 as much of the record crop was quite late.  However, the high volumes of grain currently going into storage and the pent up demand for grain movements bodes well for the start of the Seaway’s 2014 navigation season.

The bright spot in the Seaway’s cargo mix was a 12% increase in liquid bulk, as double hulled tankers moved volumes of petroleum distillates between distribution locations to smooth out inventory levels and ensure adequate supplies in key markets. In other sectors, iron ore was down 4% reflecting the challenging climate within the North American steel industry. Reduced imports of steel products contributed to a 20% decline in break-bulk cargo. Movements of dry bulk were down 12% as reduced construction activity in infrastructure projects lowered the demand for cargoes such as cement and aggregates.

The influx of new state-of-the art vessels, purpose built for Seaway use, continued during the 2013 navigation season.  Boasting sharp increases in fuel efficiency and reductions in emission levels, these new vessels are part of a billion dollar fleet renewal effort being undertaken by both domestic and ocean carriers. Combined with a $400 million program underway at the SLSMC to renew infrastructure, these investments testify to the Seaway’s enduring value and the faith of both carriers and the government in its future.

greatlakes-seaway.com
 

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

Bulk Carrier Trends

DryShips: Public Offering of Its Senior Secured Notes

DryShips Inc. announced today that it intends to offer senior secured notes due 2017 (the “Notes”) pursuant to its effective shelf registration statement. The Company

Scanjet Secures 30-ship Tank Management Order

Scanjet Group has followed up its Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning,

Chinese Manufacturing Expansion Affects Shipping Demand

The expansion of the Chinese Manufacturing Industry continued in September at unchanged pace as compared to the month before, BIMCO reports. The manufacturing industry

Ports

Port City Plans for New Cargo Taxes Angers Kenya Govt, Shippers

Proposals by a local authority to impose new taxes on cargo at Kenya's main port has drawn opposition from the government and shippers, saying it will hike import

DP World Mulls Senegal Free Zone

DP World  is looking to develop a free zone in Senegal, Chairman Sultan Ahmed bin Sulayem said on Wednesday. Sulayem was speaking at an African investment event in Dubai.

Skangass Builds LNG Terminal in Pori, Finland

With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016.

News

Livorsi Launches New Throttle Lineup

Livorsi Marine introduced the all new Platinum Series throttles, which they say are designed to be more ergonomically comfortable to the operator while being lighter

Henderson, Hanes & Associates Opens Doors in Miami

Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht Community The Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc.

Austal Launches Trenton (JHSV 5)

Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV

Logistics

Chinese Manufacturing Expansion Affects Shipping Demand

The expansion of the Chinese Manufacturing Industry continued in September at unchanged pace as compared to the month before, BIMCO reports. The manufacturing industry

MOL Restructures Asia to S. Africa Service

Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China,

DMR Examines Container Terminal Congestion Issues

Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain world

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1809 sec (6 req/sec)