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 Today


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

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

Ports

U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

DP World takes over Rodney Container Terminal, Canada

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

Moody's: Challenges Ahead for Asian Port Operators

Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity

Navigation

Protecting Sensitive Sea Areas in South-East Asia

Further progress towards identifying and designating Particularly Sensitive Sea Areas (PSSAs) in south-east Asia has been made during a regional meeting in Lombok, Indonesia (27-28 July).

CMA CGM Rolls out Bengal Bay Express

CMA CGM has introduced its new Bengal Bay Express service, operated with 11 vessels of 6,500 TEU on a weekly basis, in a continuous effort to provide its customers with the best quality service.

The ‘Paperless’ Ship

The cloud is for “device-agnostic young slashers,” said Trond Bjorseth, marketing manager, of Oslo-based cloud consultancy, Tieto. His company offers an information

Finance

U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

Moody's: Challenges Ahead for Asian Port Operators

Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

News

U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

DP World takes over Rodney Container Terminal, Canada

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

MED AMERICAS will Replace MGE Service

CMA CGM is revamping it MGE service becoming the MED AMERICAS, stand-alone CMA CGM service with dedicated fleet of 11 vessels of 2,500 TEU, in a continuous effort to improve service coverage,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Winch
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: 0.1072 sec (9 req/sec)