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.

 


Ports

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Navigation

Danish Maritime Authority Supports Maritime Cultural Days

The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday,

NOAA Engineers a Better Current Sensor for Mariners

Navigating into seaports is now safer and more efficient for mariners thanks to improved NOAA technology that ships rely on to give them information about currents.

SMM 2016: World Premieres from around the Globe

Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,

Finance

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

News

NASA May Send Submarine to Titan

NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

MV WERFTEN, Foreship Sign Design Agreements

MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design,

Great Lakes

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

Fednav's New Bulker Features High-tech BWT System

Fednav Limited,  an  international bulk shipowner in Canada, has welcomed to the Port of Indiana – Burns Harbor, the Federal Caribou, one of seven new oceangoing

Great Lakes Shipyard Lays Keel for 10 Damen Tugs

A keel-laying ceremony was held on August 10 at Great Lakes Shipyard in Cleveland, Ohio for 10 Damen Stan Tugs 1907 ICE. The new Ice Class vessels will be the first

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators 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: 0.1111 sec (9 req/sec)