 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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