Cornwall - The St. Lawrence Seaway Management Corporation (SLSMC) announced today that tolls for the 2013 navigation season will increase by 3%. Following a five year freeze on toll rates, the modest increase in tolls underscores the SLSMC’s determination to maintain the positive momentum generated by its market development initiatives.
Over 39 million tonnes of cargo transited the Seaway in 2012, representing a 4% increase in volume. The increase in tonnage testifies to both the economic recovery taking place within the Seaway’s client base and the emergence of new trade patterns. “Our carriers are making significant progress in building their share of the cargo market. The continuation of the Seaway’s existing business incentive programs and the pending introduction of a new Gateway Incentive will serve to extend the marine mode’s competitive position, and generate new business” said Bruce Hodgson, Director of Market Development for the SLSMC.
Terence Bowles, President and CEO of the SLSMC, said: “We continue to invest in the renewal of the Seaway infrastructure so as to provide the high reliability users have become accustomed to. We are also diligently advancing efforts to reduce system costs and bring more cargo into the Seaway. To this end, we are moving forward with testing of our Hands Free Mooring technology, as part of our transit of the future initiative”.
The Great Lakes Seaway System navigation system supports over 227,000 jobs and $35 billion of economic activity annually in the U.S. and Canada. Since its inception in 1959, more than 2.5 billion tonnes of cargo valued at over $375 billion have moved via the Seaway. The SLSMC remains dedicated to leveraging technology to enhance the Seaway’s performance, promoting the economic and environmental advantages tied to marine transportation, and attracting new cargoes to the Seaway.
In accordance with the St. Lawrence Management Corporation’s (SLSMC’s) Business Plan, the St. Lawrence Seaway Schedule of Tolls was modified in 2013 featuring:
In effort to maintain the momentum underlying the Seaway’s market development initiatives and a five year freeze on toll rates, the SLSMC has decided that there will be a modest 3% toll increase in 2013. In addition, the New Business and Volume incentives will continue to remain in effect.
In February 2011, the Service Incentive Program was launched and will remain effective for the 2013 navigation season.
This year marks the introduction of a new Gateway Incentive that will serve to extend the marine mode’s competitive position.
To learn more about the various incentive programs and the savings they offer, please visit the Incentive Programs page.
2013 Seaway Tolls
(Cargo and Vessel Tolls in Canadian dollars per metric tonne)
|Loaded or Ballast Vessels||$0.0995||$0.1592|
|Minimum charge per ship per lock transited for full or partial transit of the Seaway||$25.75||$25.75|
|Lockage Charge (per GRT)||MLO||Welland|
|Loaded or Ballast Vessels||N/A||$0.2652|
Maximum per vessel
|Under the New Business Initiative, for cargo accepted as new business, a percentage rebate on the applicable cargo charges for the approved period||20%||20%|
|Under the Volume Rebate Initiative, a retroactive percentage rebate on cargo tolls on the incremental volume calculated based on the pre-approved maximum volume||10%||10%|