Seaway Cargo Shipments Up 3%

Press Release
Thursday, December 20, 2012

Continued demand for iron ore, coal, and general cargo for the industrial and manufacturing sectors lifted the tonnage numbers along the Great Lakes-Seaway System to the positive column.  For the period March 22 to November 30, year-to-date total cargo shipments were 34.6 million metric tons, a rise of 2.67 percent over the same period in 2011. The St. Lawrence Seaway reported an 11 percent increase for total cargo shipments during the month of November – 5.1 million metric tons – compared to November 2011.


“The nearly 3 percent rise in overall tonnage handled through the Seaway in 2012 is due in part to the proven formula of ‘steel in, grain out’ as steel imports rose 12 percent in November as compared to the same month last year, and combined Canadian-U.S. grain export figure totals continue to improve, though still behind (-4%) last year’s pace,” said Rebecca Spruill, Saint Lawrence Seaway Development Corporation Director of Trade Development. “Shippers and port-terminal personnel are working hard to move wheat, soybeans and corn exports to lower Laurentian ports or foreign destinations before the Seaway locks close out the waterway’s final days.”


Jonathan Daniels, executive director of the Port of Oswego said: “The first seven months of the fiscal year surpassed the highest revenues in the port authority’s history. We are continuing to push hard to the end of the shipping season, with aluminum as our leading cargo shipment.”



Daniels also noted: “Even with the drought in northern Pennsylvania, harvest yields per acre of soy beans and corn were higher than anticipated. This forced the port authority to take on an additional 179,000 sq. ft. storage space outside the port complex to accommodate the overflow of agricultural shipments.”



At the other end of the Great Lakes-Seaway System, the Port of Duluth-Superior has handled nearly 33 million tons of cargo to date, with iron ore the strongest payload throughout this shipping season. “In addition to U.S.-flag vessels serving domestic markets, the Canadian lakers have played an important role in moving commodities like iron ore and low-sulphur coal to Canadian ports for transshipment to global markets,” said Adolph Ojard, executive director, Duluth Seaway Port Authority.


“The Port of Cleveland experienced a third straight year of growth in its international cargo trade, mainly due to increased demand for steel in the region,” said David Gutheil, vice president of maritime and logistics.  “In addition, two major shipments of steel billets were handled through the Port in 2012 – the first on a charter vessel from Brazil, and the second as a shipment for export to Mexico that originated at a steel company in northeast Ohio. The Port also activated our first Foreign Trade Zone client since 2006, in partnership with NEOTEC, with whom we signed an agreement early in 2012 to administer FTZ #40 and assist the Port with marketing of the FTZ.”


Brisk end of season grain shipments boosted grain tonnage through November to over one million tons at the Port of Toledo.  This represents a 42 percent increase over the same period in 2011.  In addition, general cargo numbers are up at the Port of Toledo surpassing the 2009, 2010 and 2011 seasons.  This increase of 38 percent over 2011 is mainly due to an increase in aluminum tonnage from Canada.  The shipments are received via barge at Midwest Terminals and then traded on the London Metal Exchange or New York Mercantile Exchange and eventually shipped to manufacturers in the automotive industry.  


“While overall tonnage is down, the 2012 season had its share of bright spots,” said Joe Cappel, Director of Cargo Development at the Port. “We continue to improve upon our vessel discharge rates with the use of our new material handling equipment and at the same time we are constructing new facilities that will enable our Port to accommodate additional tonnage in support of a wide range of growing industries in the region.”



U.S. grain shipments through the Seaway posted a 48 percent increase for the month of November. Year-to-date U.S. grain shipments were down 20 percent to 1.2 million metric tons. Year-to-date total grain shipments were down four percent to 7.3 million metric tons.



Year-to-date figures for iron ore were up 15 percent to 9.4 million metric tons. Year-to-date coal shipments rose to 4.2 million metric tons – a 25 percent hike over 2011. Salt shipments, a brisk commodity throughout the year, were 2.3 million metric tons year-to-date, up 1.2 percent. The General Cargo category which includes iron, steel, aluminum ingots, as well as heavy machinery and wind turbine equipment, reached 1.9 million metric tons, up 12 percent year-to-date.

 

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

Ports

Cove Point LNG Export Facility Gets US FERC Approval

U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.

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

Fire at Milazzo Refinery Impacts Docks

Inchcape Shipping Services  is advising of extensive disruption after a fire broke out Friday afternoon (27 September) at Italy’s energy giant Eni and Kuwait Petroleum’s

Navigation

Almarin Buoys for GNL del Plata in Uruguay

Almarin has supplied fourteen buoys to OAS constructor for the maritime beaconing of the works of GNL del Plata project in Uruguay. Almarin Spanish AtoN supplier

IRPT, Community College MoA on Maritime Training

The Inland Rivers, Ports and Terminals (IRPT) Trade Association announced today that it has entered into a memorandum of understanding with Lewis & Clark Community

NAVTOR, AWT Pact Heralds in e-Nav Integration

E-navigation pioneer NAVTOR has signed an agreement with maritime weather routing specialist Applied Weather Technology (AWT) that will see the two companies integrating

Finance

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

News

NY Harbor Supply & Distribution Fall Reception/Buffet

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries

Kounalakis Joins OW Bunker N. America

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America.

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

Great Lakes

Great Lakes Restoration Plan Announced

U.S. Environmental Protection Agency (EPA) informs that Administrator Gina McCarthy has released a new Great Lakes Restoration Initiative (GLRI) Action Plan that

Intermodal Short Sea Barge Operation Completed

The Great Lakes Towing Company completed an Intermodal Short Sea barge move utilizing the Port of Cleveland’s Rail Loop and the Port’s switching line, Cleveland Harbor Belt Railroad.

The Great Lakes Ballast Water Challenge Explained

Skuld P&I Club in a members advisory explores the regulatory framework and practical issues that exist in both Canada and the USA with input from BLG of Montreal and Chalos & Co of New York.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair 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: 0.1388 sec (7 req/sec)