- Total cargo shipments reached 32.3 million metric tons by November, matching 2023 levels and demonstrating the reliability of marine shipping.
- Key increases were noted in Canadian and U.S. grain (+12.1%), potash (+8.35%), liquid bulk (+13.75%), and general cargo (+14.37%).
- The seamless cooperation between ship operators, ports, and shipping companies highlights the dependability of the Great Lakes St. Lawrence Seaway System.
- Continued upgrades, potential season extensions, and enhancements will solidify the industry’s role in North American supply chains.
According to Chamber of Marine Commerce, the 2024 marine shipping season approaches its conclusion, year-over-year tonnage traffic on the Great Lakes and St. Lawrence Seaway has remained consistent with 2023, according to a recent release from the St. Lawrence Seaway Management Corporation and the Great Lakes St. Lawrence Seaway Development Corporation. This consistency underscores the marine mode’s resilience in the face of unique and unpredictable challenges.
Cargo Traffic Highlights
By the end of November, total cargo shipments for the navigation season amounted to 32.3 million metric tons. While variations in specific commodities were observed, notable increases include:
- Over 9.7 million metric tons (mt) of Canadian and U.S. grain, marking a 12.1% year-over-year increase.
- Potash traffic exceeding 1.5 million mt, reflecting an 8.35% rise from 2023.
- Liquid bulk shipments reaching over 3.5 million mt, up by 13.75%.
- General cargo traffic surpassing 2.8 million mt, a 14.37% growth compared to the previous year.
Strength of Marine Shipping
“The success of marine shipping on the Great Lakes and St. Lawrence Seaway is driven by ship operators, ports, companies shipping vital commodities, and the Great Lakes St. Lawrence Seaway System all working together to provide the most reliable means of moving what matters,” stated Bruce Burrows, President and CEO of the Chamber of Marine Commerce.
Burrows emphasized the dedication and adaptability of industry stakeholders in maintaining reliability, even during unexpected supply chain disruptions. Their collective efforts ensure the continued efficiency of the system.
Looking Ahead
The marine shipping industry is poised for growth as it pursues system upgrades, explores potential extensions of the shipping season, and implements other enhancements. These developments are expected to further enhance the industry’s reputation and economic value within North America, positioning it for continued success in the coming years.
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Source: Chamber of Marine Commerce
