NEWS RELEASE
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For Immediate Release |
Iron ore, dry bulk cargo and general cargo shipments remain strong on the St. Lawrence Seaway, with overall tonnage up 18 percent over last year.
The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 through July 31 totaled more than 16 million metric tons – up 2.5 million metric tons over the same period in 2016.
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NEWS RELEASE– With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year.
The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled more than 12 million metric tons – up two million metric tons over the same period in 2016.
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NEWS RELEASE– Spring cargo numbers from the St. Lawrence Seaway and U.S. ports are signaling a better year for Great Lakes-Seaway shipping.
According to the latest figures from the St. Lawrence Seaway, total cargo shipments via the Seaway from the start of the shipping season (March 20) through April 30 reached 3.7 million metric tons, up 8 percent from the same period a year ago.
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NEWS RELEASE – While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system.
Chamber of Marine Commerce President Bruce Burrows said: “Certainly there was a big improvement in the last quarter of 2016 with the resurgence of iron ore pellet exports out of the U.S. and a strong grain season. We expect that positive momentum to continue with overall cargo volumes increasing this year.”
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The St. Lawrence Seaway is expecting a strong finish to the shipping season as freighters deliver critical raw materials and exports for North America’s industrial and agricultural sectors before the waterway closes December 31.
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North American grain and iron ore exports have kept Great Lakes-Seaway shipping on course in October, according to the latest statistics.
“US grain traffic continues to increase through the Seaway having grown 30 percent since 2014,” said Raymond Johnston, President of the Chamber of Marine Commerce. “A surge of U.S. iron ore pellet exports to Japan and China is also keeping the St. Lawrence Seaway bustling in the critical months before the shipping season winds down.”
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North American grain and iron ore exports in September have accelerated a rebound in shipping on the St. Lawrence Seaway.
“While overall tonnage is about 5 percent behind last year, the resurgence in shipping activity that started in August continued last month,” said Raymond Johnston, President of the Chamber of Marine Commerce. “U.S. grain exports are up and we’re seeing a resumption of iron ore exports from ports in the Upper Great Lakes such as Duluth-Superior due to improved world pricing.”
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Great Lakes-St. Lawrence Seaway shipping rebounded in August due to a surge in U.S. grain exports, iron ore shipment improvements and a steady flow of raw materials for manufacturing and construction.
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Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a solid pace, despite tough economic conditions for some commodities.
“So far, we’re encouraged. Seaway shipping is holding its own considering global pricing on commodities such as iron ore. The Seaway benefits from the cross-border trade of raw materials like aluminum and cement which is feeding American automotive manufacturing and construction activity,” said Chamber of Marine Commerce President, Stephen Brooks.
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The Chamber of Marine Commerce this weekend joins the nation in honoring America’s maritime heritage and the men and women who serve as merchant mariners with a Top 10 list of reasons to celebrate Great Lakes-Seaway shipping.
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