St Lawrence Seaways: New Vessels, New Technology, Tonnage Up

Press Release
Friday, January 18, 2013
Laker in Seaways Lock: Photo courtesy of SLSMC

New ships and new navigational technology play a part as Seaways report 2012 tonnage exceeds forecasts

A number of newly built state-of-the art vessels came into service within the Seaway in 2012, boasting sharp increases in fuel efficiency and reductions in emission levels. “These new vessels, part of a billion dollar fleet renewal effort by domestic and ocean carriers, combined with our marketing efforts which have recorded 10.6 million tonnes in new business over the past five years, underscore the Seaway’s future potential”, added Terence Bowles, President and CEO of the St Lawrence Seaway Management Corporation (SLSMC).

The 2012 season also witnessed an important advance in navigational technology. “The commissioning of the Draft Information System (DIS) further enhances vessel safety and efficiency”, said Craig Middlebrook, Deputy Administrator of the U.S. Saint Lawrence Seaway Development Corporation. “A vessel equipped with DIS can now precisely gauge the amount of water under the ship’s keel, given satellite guided navigation combined with highly precise models of the channel floor.”

Tonnage increased by 4% to 38.9 million tonnes during the 2012 navigation season, exceeding the SLSMC’s original forecast by 300,000 tonnes thanks in part to a late season surge in grain movements. Strong performance within a number of core markets contributed to an overall gain of 1.4 million tonnes for the year, when compared to the Seaway’s 2011 result of 37.5 million tonnes.

Demand for low sulphur coal in Europe led to a substantial increase in coal volumes, while busy Chinese steel mills triggered an upsurge in the demand for iron ore. The shipments of coal and iron ore were brought to the Great Lakes and loaded on domestic Laker vessels. The Lakers then proceeded from the Great Lakes to the lower St. Lawrence River, where the commodities were trans-shipped to larger ocean vessels, for export to overseas destinations.

On the grain front, 2012 was a story of contrasts as strong Canadian grain movements offset a sharp drop in U.S. grain movements, due to the drought which impacted the majority of the U.S. grain belt.. Bowles emphasized the essential role that the Seaway plays within the North American transportation network. “The Seaway was instrumental in providing grain shippers with the means to rapidly respond and capitalize on market opportunities late in the season”, said Bowles.

The St. Lawrence Seaway closed for the season on December 29th, 2012

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

Technology

SHIPPINGInsight 2014 Agenda Announced

Annual Conference, Exhibition and Networking Event Brings Together Shipowners and Technology Companies to Address Practical Solutions for Efficient Operations The

VIDEO: HMS Queen Elizabeth Floats Out

A timelapse video of HMS Queen Elizabeth floating out of her dock for the first time is now available at http://www.youtube.com/watch?v=P0ZjQz9vEKw. The float out of the 65,

Hyundai Heavy Industries Develops HiCASS

Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Ship Simulators Shipbuilding / Vessel Construction 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: 0.1859 sec (5 req/sec)