Freight News, Sea

“Clear Sailing Ahead” as Seaway Opens Two Weeks Earlier

[ March 29, 2016   //   ]

The U.S. and Canadian Seaway Corporations marked the opening of the Seaway’s 58th navigation season on March 21 with the transit of Canada Steamship Lines’ Thunder Bay through Lock 3 on the Welland Canal. The ship, carrying a load of road salt, will be replenishing stocks depleted by ice storms which repeatedly struck Eastern Canada over the winter.
“We certainly welcome the warmer weather. A return to an opening in the third week of March provides our clients with the opportunity to move cargo in a timely manner, and make the most of the navigation season,” said Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corp.
Bowles noted that a lower Canadian dollar may spur more Canadian exports this year. “The combination of a rebound in Canadian manufacturing activity, a solid U.S. economy, and the prospect of more trade with Europe brings about several catalysts which may boost Seaway tonnage,” said Bowles.