St. Lawrence Seaway Cargo Shipments Steady In September

WASHINGTON, D.C. – “Notable increases were reflected in the export of wheat, corn and soybeans from the U.S. Ports of Duluth, Milwaukee and Toledo during the month of September,” said Betty Sutton, Administrator of the Saint Lawrence Seaway Development Corporation.  “The good news is that we anticipate that trend to continue for the remaining three months of the 2016 navigation season.”

Also notable were shipments of aluminum and project cargo consisting of crane components, machinery and transformers.

The Port of Oswego saw a rebound of aluminum shipments in September from Sept-Iles destined for the local Novelis plant.

“In addition to our aluminum shipments, the grain harvest is promising to be positive for the export of soybeans to Asia,” said Port CEO Zelko Kirincich.

The St. Lawrence Seaway reported that year-to-date cargo shipments for the period March 21 to September 30 were 21 million metric tons, down 5.32 percent over the same period in 2015.

The dry bulk category was down 11 percent. Iron ore was down 13 percent; coal was down 15 percent.

While the general cargo category was down 3 percent overall, steel slabs and other general cargo were up 41.5 percent and nearly 6 percent, respectively.