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Report: St. Lawrence Seaway shipping bounces back with big cargo increases in June

Posted 7/21/21

The St. Lawrence Seaway is reporting a surge in cargo shipments to feed domestic construction and manufacturing activity and global export demand, according to the latest June figures. Through June …

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Report: St. Lawrence Seaway shipping bounces back with big cargo increases in June

Posted

The St. Lawrence Seaway is reporting a surge in cargo shipments to feed domestic construction and manufacturing activity and global export demand, according to the latest June figures.

Through June 30, total cargo shipped via the binational St. Lawrence Seaway was up 8.37% compared to the same period in 2020; a welcome 12.9 million metric tons (March 22 to June 30).

The dry bulk category, up 16% through June, is experiencing a strong bounce back and is expected to perform well for the balance of the season due to high demand across the binational Great Lakes-St. Lawrence region for construction materials including cement (up 36%) and gypsum (up 79%).

Coke, used in steel and cement production, is up over 125% compared to last year as global commodity price increases have also led to a big increase of coke exports from Superior and Toledo to France, the Netherlands and other European countries. General cargo (up 61%) continues to be driven by steel imports from Europe, feeding manufacturing and construction activity throughout the binational region.

Year-to-date iron ore volumes via the St. Lawrence Seaway are also up 14%. Part of that increase is due to Canadian ship operators transporting healthy volumes of iron ore pellets from U.S. Lake Superior ports to the Port of Quebec, where they are trans shipped overseas to Asia and Europe.

“This time last year, many of these cargoes had fallen off a cliff due to the pandemic. It’s great to see marine shipping bustling again and supporting the accelerating recovery of so many American industries,” said Bruce Burrows, president and CEO of the Chamber of Marine Commerce.