According to the latest results published by the Chamber of Marine Commerce, exports buoyed shipping activity through the St. Lawrence Seaway in June, with U.S. coke and Canadian potash heading to overseas destinations for the season reaching a 20-year record high.
Canadian ports also reported strong demand for Ontario-grown soybeans and corn exports along with rebounding domestic salt and petroleum shipments.
The Chamber indicates that overall cargo tonnage shipments (from March 22 to June 30) via the St. Lawrence Seaway totaled 11.9 million metric tons, while down 8.3% compared to 2021, significantly closing the gap in comparison to April, when tonnage was down 18% following the start to the season.
“Canada’s Eastern maritime trade corridor continues to prove month after month that it is a resilient, reliable and sustainable export route for farmers and businesses during these uncertain times,” says Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation. “Some of these products, such as grain and potash, are helping to alleviate global shortages that have been caused by the Russian/Ukraine war.”
Source: Chamber of Marine Commerce