Executive Briefings

U.S. Ports See Final Surge Before St. Lawrence Seaway Season Closes

The number of vessels in the Great Lakes-Seaway system exceeds the five-year average as ships deliver much-needed supplies and make a final push to export grain before the St. Lawrence Seaway closes Dec. 30.

"The 2015 shipping season has been a bellwether for North American economic trends," said Stephen Brooks, president of the Chamber of Marine Commerce. "Ships are delivering cement, stone, gypsum, aluminum and machinery to support an eight-year high in U.S. construction spending, along with growth in the automotive sector in Great Lakes states. But steep declines in global consumption and pricing have largely halted coal and iron ore exports via the waterway this season and that continues."

New business has helped to offset shortfalls with figures from April 2 to Nov. 30 showing that the St. Lawrence Seaway attracted 1.7 million metric tons of cargo either coming from new origins or heading to new destinations. This included salt imports from Morocco, Egypt and Venezuela to the ports of Toledo, Milwaukee and Monroe.

Domestic general cargo via the Seaway saw an increase of 27.7 percent this season, which is due mainly to increased shipments of aluminum ingots traveling from Sept-Iles, Quebec, to ports in Oswego, N.Y., and Toledo, Ohio, for the automotive industry and other uses.

Movements of large-scale machinery and other project cargo like wind turbines nearly doubled this season, up 92 percent.

“The Port of Milwaukee has really proven its value to our regional manufacturers with an increase in large-scale movements of machinery for both export and import,” said Milwaukee Port Director Paul Vornholt.

Year-to-date Seaway shipments of construction materials such as cement and stone were up 15 percent and 20 percent, respectively.

“So far this season, the Port of Green Bay has moved about 1.6 million metric tons of cargo, a little shy of our goal of 2 million. Recent imports have included cement, coal, limestone and salt. As for exports, petroleum products have seen an increase due to shortages being experienced on the east coast. With much of the region, including Wisconsin, experiencing moderate temperatures for this time of year, the port will most likely be able to move cargo through the end of December.

Across the board, total year-to-date (April 2 through November 30) cargo on the Seaway was 31.5 million metric tons, down 10.4 per cent.

Source: Chamber of Marine Commerce

"The 2015 shipping season has been a bellwether for North American economic trends," said Stephen Brooks, president of the Chamber of Marine Commerce. "Ships are delivering cement, stone, gypsum, aluminum and machinery to support an eight-year high in U.S. construction spending, along with growth in the automotive sector in Great Lakes states. But steep declines in global consumption and pricing have largely halted coal and iron ore exports via the waterway this season and that continues."

New business has helped to offset shortfalls with figures from April 2 to Nov. 30 showing that the St. Lawrence Seaway attracted 1.7 million metric tons of cargo either coming from new origins or heading to new destinations. This included salt imports from Morocco, Egypt and Venezuela to the ports of Toledo, Milwaukee and Monroe.

Domestic general cargo via the Seaway saw an increase of 27.7 percent this season, which is due mainly to increased shipments of aluminum ingots traveling from Sept-Iles, Quebec, to ports in Oswego, N.Y., and Toledo, Ohio, for the automotive industry and other uses.

Movements of large-scale machinery and other project cargo like wind turbines nearly doubled this season, up 92 percent.

“The Port of Milwaukee has really proven its value to our regional manufacturers with an increase in large-scale movements of machinery for both export and import,” said Milwaukee Port Director Paul Vornholt.

Year-to-date Seaway shipments of construction materials such as cement and stone were up 15 percent and 20 percent, respectively.

“So far this season, the Port of Green Bay has moved about 1.6 million metric tons of cargo, a little shy of our goal of 2 million. Recent imports have included cement, coal, limestone and salt. As for exports, petroleum products have seen an increase due to shortages being experienced on the east coast. With much of the region, including Wisconsin, experiencing moderate temperatures for this time of year, the port will most likely be able to move cargo through the end of December.

Across the board, total year-to-date (April 2 through November 30) cargo on the Seaway was 31.5 million metric tons, down 10.4 per cent.

Source: Chamber of Marine Commerce