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June 13, 2018
St. Lawrence Seaway cargo down four percent this spring
The St. Lawrence Seaway Management Corporation reports that total overall cargo tonnage from March 29 to May 31 reached 7.9 million metric tons, down close to four per cent over the same period in 2017.
Canadian grain shipments via the Seaway totaled 1.9 million metric tons this spring, up 11 per cent compared to the same period last year.
These Prairie and Ontario grain exports along with strong regional demand for construction materials like stone, cement and asphalt helped shipping flourish in May after ice conditions in the St. Marys River and Lake Superior slowed vessel deliveries in April.
"Strong traffic in May enabled the Seaway to overcome a slow start, due principally to cooler temperatures and icy conditions in the Lake Superior region during the first part of April. Looking ahead, we foresee momentum continuing as ships transport Canadian grain exports and a wide variety of dry bulk cargoes including construction materials," said Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation.
"We are optimistic that economic growth will translate into an increase in total Seaway cargo volume, with the potential to reach 40 million tonnes by the end of the year."
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