(Chamber of Marine Commerce)
Canadian shipowners and The St. Lawrence Seaway Management Corporation have spent an estimated $130 million on repair and infrastructure projects this winter, preparing for the 2019 shipping season and supporting the economies of communities throughout the Great Lakes, St. Lawrence and east coast.
The St. Lawrence Seaway Management Corporation (SLSMC) allocated $40 million for infrastructure upgrades and repairs in the Welland Canal and Montreal to Lake Ontario segments of the St. Lawrence Seaway. The work includes upgrades to electrical distribution systems, lock rehabilitation and canal bank protection in certain areas, among other projects.
Canadian shipowners have invested an estimated $90 million to prepare their ships for the upcoming season. Projects include steel replacement and coating projects, five-year dry dock inspections, communication and energy efficiency upgrades, standard maintenance checks and annual inspections. Click here to read more.