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For
more information visit: www.seawaymarinetransport.com
Seaway Marine Transport
The Domestic Dry-Bulk segment includes the activities of the Corporation’s Canadian dry-bulk vessels,
our interest in one U.S. flag tug and barge unit and our ship repair and marine engineering business.
The commercial and vessel operating functions required for the Corporation’s Canadian flag dry-bulk
cargo vessels, which includes thirteen self-unloading and five bulk carriers, are managed by Seaway
Marine Transport (SMT). SMT’s responsibilities include marketing and sales, vessel traffic, vessel
operations management, purchasing, accounting and administrative functions for the Corporation’s
dry-bulk vessels. The Corporation maintains the responsibility to provide crew for these vessels.
SMT also has a 25% interest in Laken Shipping Corporation (Laken), a U.S. company that owns a U.S.
flag 5,000 HP tug and 10,200 net ton capacity self-unloading barge. A wholly owned subsidiary of
SMT, called SMT (USA), time charters the tug and barge from Laken and commercially manages them.
SMT is based in St. Catharines, Ontario and has a sales and customer service office in Winnipeg,
Manitoba. SMT (USA) Inc. has an office in Cleveland, Ohio. In addition to its primary activities
concerning vessels owned by the Corporation and its partner, SMT also provides ship management
services for two vessels not owned by the two partners and 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's fleet complies with and is certified under both the ISO:
9001 Quality Standard and the ISM Code requirements.
Certification is performed by Lloyds Register. In addition, all
SMT managed vessels have approved security plans that fully
comply with Canadian and U.S. regulations and the International
Ship and Port Security (ISPS) Code. SMT, together with several
other marine industry stakeholders, including Algoma Tankers
Limited, is an active member of Green Marine, a collaboration of
several marine industry stakeholder groups from both Canada
and the U.S. that have implemented a voluntary environmental
performance measurement and reporting program for the Great
Lakes – Seaway Waterway. The goal of this program is to
demonstrate and communicate the maritime industry’s environmental
performance and its commitment to improving both
performance and its profile on environmental matters.
SMT serves a wide variety of major industrial segments, including iron and steel producers, aggregate,
cement and building material producers, electric utilities, salt producers and agriculture product
producers. SMT’s customer group includes leading organizations in each market sector and service
relationships are typically long-term in nature.
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SEAWAY
MARINE TRANSPORT
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