Source: Great Lakes
January 16th 2017
After opening the 2016 season on March 21, the St. Lawrence Seaway closed on December 31, enjoying a navigation season of 286 days. This performance ties the record first established in 2008 and matched in 2013 for the longest navigation season.
The St. Lawrence Seaway Management Corporation recorded a total of 35 million tonnes of cargo transiting the Seaway’s locks in 2016. Grain movements posted a strong performance for a third consecutive season, contributing 11 million tonnes of the total and continuing to track well above the five-year average.
The Port of Thunder Bay, the principal point of entry for grain into the Great Lakes St. Lawrence Seaway System, reported a late-season surge in grain activity, as loadings in December trumped all previous December activity since 1995. Grain activity was also strong in the U.S. as the total volume originating from ports such as Duluth / Superior and Toledo increased by 21% during 2016.
“The Seaway System is able to respond to unpredictable surges in cargo movements from a broad number of sectors” noted Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation (SLSMC). “We take it all in stride” said Bowles.
U.S. Saint Lawrence Seaway Development Corporation Administrator Betty Sutton said, “The final tonnage statistics for the 2016 Seaway navigation season are a validation of the importance of the Great Lakes St. Lawrence Seaway System to the economy of North America’s ‘Opportunity Belt’. Cargo shipments this past year supported manufacturing, construction, energy, agriculture, and other industries throughout the Great Lakes region. In particular, the movement of containers with high value project cargo is an area where we foresee continued growth in the future. We are pleased to see our marketing efforts generating new opportunities in the global marketplace as businesses realize the value of utilizing our System.”
Serving as a vital trade artery, the Great Lakes St. Lawrence Seaway System enables cargo to move between North America and more than 50 countries across the globe. “Without a doubt, agricultural commodities have become increasingly important, and it’s rewarding to see the pace of new investment by grain companies in ports along our waterway” said the SLSMC’s Terence Bowles. “What we need to keep in mind is that while grain movements may be the key player this year, we have the capacity and the adaptability to service any number of diverse clients and their cargo requirements. In a world economy characterized by volatility and unpredictable swings in trade patterns, the Seaway System provides a