August Seaway Cargo Shipments Up

Press Release
Thursday, September 13, 2012

August Seaway cargo shipments up nearly 7 percent.

The St. Lawrence Seaway reported a 6.78 percent increase for total cargo shipments in August – 4.3 million metric tons – compared to August 2011.  For the period March 22 to August 31, year-to-date total cargo shipments were 21.3 million metric tons, up 1.50 percent over the same period in 2011.

“With four months remaining in the 2012 Navigation Season for the Great Lakes-St. Lawrence Seaway System, tonnage figures for the month of August remain on the positive side,” said Rebecca Spruill, director of trade development for the Saint Lawrence Seaway Development Corporation.   “The uptick in total cargo transported in August emphasized the strength of shipments of traditional commodities like iron ore and coal, and was a sound indication of the value of the Seaway System for North American exports to Europe and China.”


Demand for shipments of iron ore and coal used in the steel and construction industries continued to drive tonnage numbers for the month of August. Iron ore shipments through the Seaway rose 43 percent in August to 1.4 million metric tons. Year-to-date figures for iron ore were up 31 percent to 6.6 million metric tons.

Coal shipments for power generation and steel production totaled 523 million metric tons in August, an increase of 45 percent from August 2011.  Year-to-date coal shipments rose to 2.7 million metric tons – a 31 percent hike over 2011.  Cement shipments posted a 15 percent increase in August due mainly to ongoing construction work throughout the Great Lakes states.  At the Port of Green Bay, cement shipments were up 24 percent year-to-date to 204 million metric tons.

“Aluminum continues to move through the Port of Oswego at a strong pace, said port director Jonathan Daniels.  “Large shipments, which began arriving in May, have continued. The Board of Directors is currently working through negotiations for the acquisition of additional property adjacent to the Port to accommodate the influx of sows and ingots.”

Project cargo was up 79 percent in August and was the story at the Port of Duluth. The port received two shipments of wind turbines destined for three different projects in the mid-west as companies hurried to beat the production tax credits expiration date.


Grain shipments were down for the fourth straight month due to extreme drought conditions in the U.S. August saw a 32 percent downturn for all grain versus the same month last year. Year-to-date total grain shipments were down 21 percent to 3.5 million metric tons.

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

Bulk Carrier Trends

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

MES Delivers Bulk Carrier STH Athens

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. STH Athens (MES Hull No. 1898) at its Chiba Works on August 27,

Break Bulk in Rotterdam on the Way Up

The opening of a new break bulk terminal is one of the many developments and investments in the break bulk sector in the port of Rotterdam; a sector that has

Ports

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

USCG Reopens Key West Ports After Erika Dissipates

Effective 9:30 a.m., Saturday, Capt. Jeffrey Janszen, Coast Guard Captain of the Port, reopened Key West, Florida, ports, terminals and facilities due to Tropical Storm Erika dissipating.

DP World Profit Up 22%

Global marine terminal operator DP World today announced strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015,

Vessels

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

World’s Quickest Trip Through Northern Sea Route

Chinese sailor Guo Chuan intends to make it world’s quickest Northern Sea Route trip from Murmansk to the Bering Strait in 14 days without engine power. His

USCG Reopens Key West Ports After Erika Dissipates

Effective 9:30 a.m., Saturday, Capt. Jeffrey Janszen, Coast Guard Captain of the Port, reopened Key West, Florida, ports, terminals and facilities due to Tropical Storm Erika dissipating.

Great Lakes

Great Lakes Shipyard to Build Guatemalan Harbor Tug

U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for

US Ocean Economy Sees Large Growth -NOAA

In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP   The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with

Search Suspended for Overboard Freighter Crewman

The search for a man who reportedly jumped overboard from a freighter near Big Sable Point in Lake Michigan early Sunday morning has been suspended, the U.S. Coast Guard reported.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Salvage Ship Repair Ship Simulators Sonar
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: 0.2521 sec (4 req/sec)