Seaway cargo totals expected to top 2016 as this seasons draws to a close
St. Lawrence Seaway cargo volumes are expected this year to top 2016, according to the Chamber of Marine Commerce.
Total cargo tonnage from March 20 through Nov. 30 reached 33.6 million metric tons, up 8.5 percent compared to the same time period in 2016.“The Seaway has recovered ground in key cargo commodities this season, particularly shipments of iron ore, while continuing to diversify by attracting more aluminum cargo and oversized machinery and components destined for the U.S. manufacturing and energy sectors,” said Chamber of Marine Commerce President Bruce Burrows.
As of the end of November, iron ore shipments topped 7.4 million metric tons, an increase of 34 percent driven primarily by U.S. iron ore pellet exports to Asia.
Seaway shipping totals are also up almost 28 percent from last year for general cargo and up 12 percent for dry bulk.
The weak spot was in grain shipments, down 10.46 percent so far this year compared with last year.
Vessel transits through the system are up 5.92 percent through November.