The Canadian port handled double the steel tonnage since the seaway opened in April through the end of June compared to the same period last year.
The Canadian Port of Oshawa, located on Lake Ontario, saw bulk cargo volumes rise 93 percent since the seaway opened in April through the end of June, compared to the same period last year, the Oshawa Port Authority said.
Steel continues to be the port’s leading cargo, with 105,000 metric tons shipped through the port through the end of June, double the tonnage compared to the same period last year.
In addition to thriving volumes, construction is underway at the Port of Oshawa for a 45,000-square-foot transit shed, which should be completed by September. The new transit shed will be in close proximity to the port’s new rail spur that opened at the end of May, which allows the port to handle additional cargo and break into the niche project cargo market by accommodating project cargo that’s too big to move by road.
“So far, this is one of our strongest shipping seasons ever,” Oshawa Port Authority CEO Donna Taylor said in a statement. “With the rapid growth in GTA home and condo construction, there’s been strong demand for steel rebar. We’re pleased the port is supporting both the steel and residential construction industries.“