Cargo Shipments Through Seaway Up

Press Release
Monday, November 19, 2012

North American commodities for the industrial and manufacturing sectors drove an uptick in tonnage numbers along the Great Lakes-Seaway System. 

 

The St. Lawrence Seaway reported a 9.8 percent increase for total cargo shipments in October – 4.4 million metric tons – compared to October 2011. For the period March 22 to October 31, year-to-date total cargo shipments were 29.5 million metric tons, a rise of 1.4 percent over the same period in 2011.



“In the General Cargoes category, shipments through the Seaway of iron, steel slabs, project cargoes and domestic general cargoes jumped nine percent over last year’s tally,” said Rebecca Spruill, director, trade development for the Saint Lawrence Seaway Development Corporation. “This is excellent news for ports handling these higher value commodities.”


Spruill continued: “The Port of Oswego reported its seventh consecutive month exceeding 10,000 tons of aluminum shipped from Quebec, and the Port of Muskegon welcomed two additional ships laden with wind turbine blades destined for a wind farm project in Michigan.”


In the closing months of the 2012 shipping season, tonnage figures for traditional cargoes remain on the positive side for U.S. ports.



“Though lake levels are lower, economic activity has held steady this season in terms of vessel traffic at the Port of Duluth-Superior. Early indications are that the port is on track to wind up this shipping season with tonnage totals comparable to the 37 million short tons moved last year,” said Adele Yorde, Duluth Seaway Port Authority spokesperson.



“There’s been a strong demand for iron ore and limestone as world economies supported increased prices, plus there’s been a great deal more movement of general cargo such as components for wind energy projects,” she added.



In October, the Port of Toledo experienced a resurgence of overseas traffic as grain terminals launched into their Fall export programs. “ADM and The Andersons loaded a combination of ocean vessels and lakers heading to trans-load ports resulting in a 20 percent increase in grain tonnage over the same period in 2011,” said Joe Cappel, director of cargo development at the port.



He added: “At the general cargo dock operated by Midwest Terminals, consistent short sea shipments of aluminum sows arriving on McKeil barges from Quebec have resulted in an overall increase in general cargo by 22 percent. Much of the aluminum is stored in Toledo’s foreign trade zone and traded on the London Metal Exchange.”



“While 2012 continues to present a mixture of challenges and opportunities, we are encouraged by October’s results,” stated Cappel. “We are continuing to improve and modernize our facilities and are excited that the new Ironville Terminal will be coming online in 2013 to allow for additional cargo handling and industrial development projects.”



Iron ore shipments through the Seaway were up six percent in October to 819,000 metric tons versus the same time last year. Year-to-date figures for iron ore were up 20 percent to 8.5 million metric tons. Coal shipments for power generation and steel production totaled 378,000 metric tons in October – a decrease of 13 percent from October 2011. Year-to-date coal shipments rose to 3.7 million metric tons – a 25 percent hike over 2011.



U.S. grain, which has been consistently down this season, posted a 46 percent increase for the month of October. Year-to-date U.S. grain shipments were down 31 percent to 865,000 metric tons. Year-to-date total grain shipments were down five percent to 5.8 million metric tons.



 

Maritime Today


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

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

Bulk Carrier Trends

Entrance to Port of Santos Reopens

The entrance to Brazil's largest  reopened on Thursday, after rough seas prevented ships from entering or leaving for more than 30 hours during peak soy export season.

French Wheat Exports Await Indonesia Approval

French wheat exports to Indonesia are on hold as traders await the approval of a food safety agreement between the two countries, something exporters say is being

Baltic Index Dips on Weaker Rates for Bigger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, hurt by lower rates for capesize and panamax vessels.

Ports

Entrance to Port of Santos Reopens

The entrance to Brazil's largest  reopened on Thursday, after rough seas prevented ships from entering or leaving for more than 30 hours during peak soy export season.

French Wheat Exports Await Indonesia Approval

French wheat exports to Indonesia are on hold as traders await the approval of a food safety agreement between the two countries, something exporters say is being

Cavotec, ABB Partner on Shore-to-ship Power

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug

News

Matson Announces Q2 Dividend of $0.18/Share

The Board of Directors of Matson, Inc. today declared a second quarter dividend of $0.18 per common share. The dividend will be paid on June 2, 2016 to all shareholders

Disabled Fishing Vessel Towed to Maine

The 60-foot fishing boat Paulo Marc was towed by the crew of U.S. Coast Guard Cutter Moray after the fishing vessel became disabled Wednesday about 90 miles east of Portland, Maine.

Blacklisted Oil Tanker Returning to Libya

An Indian-flagged oil tanker is returning to Libya, the North African country's rival oil corporation said on Thursday, after its failed first attempt to export

Vessels

India Instructs Disputed Tanker to Await UN Orders

India has instructed an Indian-flagged oil tanker that has been blacklisted by the U.N. not to discharge its cargo of crude oil from Libya's rival eastern government

Englishman: 11th Humber Tug Bears the Name

Humber tugboat operator SMS Towage has drawn on an old name for the latest addition to its fleet. The new Englishman is the 11th Humber tug to bear the title, in

Fincantieri Orders Heat Power Systems for Cruise Newbuilds

Italian shipbuilding group Fincantieri has selected Climeon’s heat power system Climeon Ocean for its energy efficient solutions, purchasing six Climeon Ocean 450M

Logistics

Baltic Index Dips on Weaker Rates for Bigger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, hurt by lower rates for capesize and panamax vessels.

Philippines: Coordinated Patrols Needed to Protect Shipping

The Philippines has been discussing coordinated naval patrols on its southern maritime borders with Indonesia and Malaysia to protect shipping after attacks and kidnappings by Islamist militants,

Fitch: M&A, Not Alliances to Help Revive Container Shipping

The following statement was released by the rating agency: Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address

Wind Power

Ulstein Verft's First Wind Service Vessel Launched

Shipbuilder Ulstein Verft has launched its first vessel within the renewable energy segment, and also the first with the newly-developed X-STERN hull line design.

Statoil Buys Half Arkona Offshore Wind Farm Stakes

Statoil today enters the German offshore wind market, through a 50% acquisition of the Arkona offshore wind farm. Statoil and E.ON also announced the final investment

Atlantic Pioneer Gets to Work at Block Island

The first US-built and operated offshore wind farm crew transfer vessel will be named at an official christening ceremony in Quonset Point, Rhode Island. Following

Great Lakes

USCG Uses Skiff Ice Boat to Rescue Injured Man

The U.S. Coast Guard medically evacuated a man off of a dredging barge in Lake Erie near Sandusky, Ohio, Wednesday evening. At approximately 5:45 p.m., a good

U.S. Challenged China, 12 Others on navigation Rights in 2015

The U.S. military conducted "freedom of navigation" operations against 13 countries last year, including several to challenge China's claims in the South and East China seas,

Self-unloaders Ordered for New Great Lakes Bulkers

MacGregor, part of Cargotec, has received an order for gravity self-unloading systems for two 29,800 dwt bulk carriers (lakers) from the Yangzijiang shipyard, in China.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar 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: 0.1289 sec (8 req/sec)