ARCHIVE

Coal a huge help to St Lawrence Seaway's year

A LATE surge sealed a good year for St Lawrence Seaway, marked by strong performances in some of ...

Donna Schmidt
Coal a huge help to St Lawrence Seaway's year

The St Lawrence Seaway Management Corporation said Monday that tonnage shipped increased 4% to 38.9 million tonnes over its 2012 navigation season, beating its initial forecast by 300,000 tonnes.

The significant performances of those core markets helped it to gain an overall 1.4Mt year-on-year from 2011’s result of 37.5Mt.

Low-sulphur coal demand in Europe was the driver for big jumps in coal volumes, the SLSMC said, while iron ore was also up on the business of Chinese steel mills.

“The shipments of coal and iron ore were brought to the Great Lakes and loaded on domestic Laker vessels,” officials said in its Monday report.

“The Lakers then proceeded from the Great Lakes to the lower St Lawrence River, where the commodities were trans-shipped to larger ocean vessels for export to overseas destinations.”

The group’s bright year was topped off by the use of a number of newly built state-of-the art vessels that came into service over the year, resulting in significant increases in fuel efficiency and emissions reductions.

“These new vessels, part of a billion-dollar fleet renewal effort by domestic and ocean carriers, combined with our marketing efforts, which have recorded 10.6Mt in new business over the past five years, underscore the Seaway’s future potential,” one executive said.

St Lawrence Seaway closed for the season on December 29.

The Saint Lawrence Seaway Development Corporation, an agency of the US Department of Transportation, oversees the movement of marine traffic through US-owned and operated facilities of the Saint Lawrence Seaway.

It shares the system with Canadian counterpart Saint Lawrence Seaway Management Corporation.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production