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St Lawrence Seaway looks back on 3.4pc decline in 2016 as locks reopen

THE St Lawrence Seaway opened its 59th navigation season at its Montreal entrance with a mood of cautious optimism prevailing among US and Canadian Seaway officials, reports the American Journal of Transportation.

St Lawrence Seaway looks back on 3.4pc decline in 2016 as locks reopen
22 March 2017 - 20:00 - Update: 22 March 2017 - 23:24

Last year, the Seaway suffered a 3.4 per cent year-on-year cargo decline to 35 million tonnes, but ended with a robust December surge from grain exports.

US St Lawrence Seaway Management Corporation CEO Terence Bowles said he was "cautiously optimistic" of a better performance in 2017 because of the carryovers of grain from the bumper 2016 harvest.

Canadian Transport Minister Marc Garneau, said: "The St Lawrence Seaway has a distinguished past, a dynamic and vital present and will continue to play a pivotal role in Canada's economy in the future."

 

 

 


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