CARGO volumes through the US-Canadian St Lawrence Seaway rose by seven per cent to reach 40 million tons in the 2014 navigation season that lasted 280 days after opening late on March 28 due to a week-long weather delay.
The throughput increase was attributed to strong growth in grain shipments as well as iron and steel products as well shipments of road salt, reported American Shipper.
Carriers moved over 12 million tons of grain through, the highest volume since the turn of the century some 14 years ago. "We are also pleased with our various marketing initiatives and toll incentives, to which we attribute 2.5 million tons of new business during 2014," said a Seaway statement.
According to a release, the Seaway experienced an influx of ocean vessels that was "unprecedented in recent history", as there were 50 ships within the Great Lakes St Lawrence Seaway System on more than one occasion last year.
The Seaway added that the 2014 cargo volumes represent a full recovery from the 2009 global financial crisis and aftermath.
Said St Lawrence Seaway Management Corporation CEO Terence Bowles: "There can be little question that the Seaway proved its value as a vital transportation artery in 2014."
WORLD SHIPPING
15 January 2015 - 20:39
St Lawrence Seaway throughput rises 7pc to 40 million tons in 2014
CARGO volumes through the US-Canadian St Lawrence Seaway rose by seven per cent to reach 40 million tons in the 2014 navigation season that lasted 280 days after opening late on March 28 due to a week-long weather delay.
WORLD SHIPPING
15 January 2015 - 20:39
St Lawrence Seaway throughput rises 7pc to 40 million tons in 2014
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