ST. CATHARINE’S, Ontario – The St. Lawrence Seaway Management Corp. has predicted that cargo shipments will rise by about 3 percent to 38.6 million tons in 2012. The announcement came on the opening of 2012 shipping season.
Canadian and international carriers are building new vessels for use this shipping season. Collister Johnson Jr., administrator of the U.S. Saint Lawrence Seaway Development Corp., said that with new investment in vessels, the Seaway’s future looks bright.
“Marine transportation is already the most energy-efficient means of moving cargo, and these new vessels will increase energy efficiency by up to 40 percent in addition to offering leading edge emissions performance,” said Johnson.