 For
more information visit: www.seawaymarinetransport.com
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Seaway Marine Transport The commercial activity of the Corporation’s Canadian flag dry-bulk cargo vessels, consisting of 14 owned self-unloading vessels and five owned bulk carriers, is managed by Seaway Marine Transport (SMT), a partnership jointly owned with Upper Lakes Shipping Inc., an unrelated party. SMT’s responsibilities include marketing, vessel traffic, vessel management, purchasing, accounting and administrative functions of the respective fleets. SMT operated 21 self-unloaders during the year and 13 conventional bulk carriers, one more than during 2006. In addition, SMT has a 25% interest in Laken Shipping Corporation located in Cleveland, Ohio. Laken Shipping Corporation owns a U.S. flag tug and barge unit consisting of a 10,200 net tonne capacity self-unloading barge and a 5,000 HP tug. SMT (USA) Inc., a wholly-owned U.S. subsidiary of SMT, time charters the tug/barge unit owned by Laken Shipping Corporation and is the commercial manager. SMT provides ship management services for two vessels not owned by the two partners. SMT also charters vessels from third parties under various commercial arrangements. The SMT fleet is the largest and most diversified dry-bulk cargo fleet operating on the Great Lakes. The size of the fleet, together with a variety of unique vessel configurations, allows SMT to accommodate almost every dry-bulk shipping requirement. SMT is based in St. Catharines, Ontario and has a marketing and customer service office in Winnipeg, Manitoba. SMT (USA) Inc. has an office in Cleveland, Ohio. SMT's fleet complies with both the ISO: 9001 Quality Standard and the ISM Code requirements and has been granted full term ISO: 9001 and ISM Certification. Certification was performed by Lloyds Register. |
|
SEAWAY
MARINE TRANSPORT
|
|
