On-shoring and the rebound in the US economy are creating a larger
demand for shipping on the Great Lakes and St. Lawrence Seaway. Once
forgotten ports are now experiencing increased shipments from Europe and
elsewhere for products coming into and going out of America's
manufacturing industries.
Now that nicer weather is here in the
Great Lakes region, the St. Lawrence Seaway is expecting resurgence in
shipping activity. Shipping companies see the increased demand on the
horizon and are producing around 30 new cargo carriers for use on the
Great Lakes and St. Lawrence Seaway. These ships will carry goods like
steel, steel coils, agricultural goods, raw material for use in the
steel industries, and many other bulk goods. Container ships are less
likely but are not out of the question.
The FedNav group, an
international shipping company headquartered in Montreal Canada built
The Federal Satsuki built in 2012 and have it based in Japan. This bulk
carrier is one of the most recent ships to be launched in response to
the news of a shipping revival. The Federal Satsuki is designed with
fuel efficiency in mind and with the ability to break through ice -
handy for sailing the Great Lakes.
The Federal Satsuki might soon
be seen at ports in Cleveland or Toledo. Cleveland is a port that is
likely to see increased tonnage because it is the first port of call on
the Great Lakes for ships sailing the St. Lawrence Seaway. There are
many industry insiders who think that Cleveland can be the major port
for many goods being shipped from Europe since Cleveland has such a
close proximity to so much of the Eastern US population.
As the
world comes out of recession, Ohio and other states around the Midwest
are experiencing growth in manufacturing and what some are calling
on-shoring - the repatriation of manufacturing. The automotive
industries recent success and improving worldwide call for steel are
helping shipping in the Great Lakes region. And shale gas drilling in
Ohio and Pennsylvania is expected to generate economic growth in the
Midwest and possibly export opportunities through Great Lakes' ports.
No comments:
Post a Comment