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May 12, 2017

St. Lawrence Seaway cargo shipments up 8 per cent this spring

Total cargo shipments through the St. Lawrence Seaway are up 8 per cent this spring compared to the same period last year due to iron ore and grain export activity.

According to The St. Lawrence Seaway Management Corporation, total cargo tonnage from March 20 to April 30 reached 3.7 million metric tons.

Year-to-date iron ore shipments totaled 800,000 metric tons, up 70 per cent over 2016 levels, while Canadian grain totaled 800,000 metric tons, in line with last year's strong performance.

"It's still very early in the season, but the shipping season is off to a solid start. Iron ore pellet exports to Japan and China that started in the fourth quarter of last year have continued this spring and Great Lakes ports and vessels are also busy shipping out a large carry over of Canadian grain for export," said Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation.

Source: Chamber of Marine Commerce