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Customs &
Trade News


December 19, 2017

St. Lawrence Seaway sees steady cargo gains this year

According to The St. Lawrence Seaway Management Corporation, total cargo tonnage from March 20 to November 30 reached 33.6 million metric tons - up 8.5 per cent compared to the same period in 2016. As of last week, there was still a steady number of ocean-going and domestic ships travelling through the waterway to pick up or unload cargo.

"We're definitely seeing some impressive cargo gains this year, underscoring the St. Lawrence Seaway's value as a vital trade gateway," said Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation. "An acceleration of Prairie and Ontario grain shipments, which is expected to continue right through December, also figures well into the outlook for a good finish to the 2017 navigation season".

Year-to-date Seaway iron ore shipments reached 7.4 million metric tons, an increase of 34 per cent driven primarily by U.S. iron ore pellet exports to Asia.

Dry bulk shipments (including products such as road salt, stone, gypsum and coke) topped 9 million, up 12 per cent.

General cargo (which include steel, aluminum, project cargo) shipments via the Seaway totaled 3.2 million metric tons, up 28 per cent.

Source: Chamber of Marine Commerce


 

Transport &
Trade News