With shipping volumes experiencing a rebound after a modest start to the season, the St. Lawrence Seaway Management Corp. said total seaway cargo volume for 2007 is estimated at 42.7 million tons, down from 47 million tons in 2006.
The corporation blamed the lower volumes to “lower ocean vessel traffic and steel imports into the seaway.”
“We are satisfied with our accomplishments in 2007” said Richard Corfe, president and chief executive officer of the corporation. “We are particularly optimistic that the momentum in project cargoes that we observed this year will carry forward into the future. Shipments of specialty cargoes such as wind turbine components, destined for various “green energy” projects throughout eastern North America, have become a hallmark of the seaway’s drive to diversify its cargo base.”
Collister “Terry” Johnson Jr., U.S. administrator of the Saint Lawrence Seaway Development Corp., said: “Completion of the bi-national, interagency Great Lakes St. Lawrence Seaway Study provides a 50-year roadmap for a modernized, sustainable marine system, one that could attract new markets while potentially serving as a means of reducing surface congestion; and we have made progress towards harmonized ballast water rules with our Canadian counterparts to increase protection against the introduction of aquatic invasive species into the Great Lakes.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now