Georgia Ports Announce 1Q Growth

Thursday, November 03, 2011

Georgia Ports Authority Executive Director Curtis J. Foltz announced the ports saw a growth rate of 5.0 percent in the first quarter of  FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of cargo. Measured in twenty-foot equivalent units, the GPA’s container volumes saw growth of 3.7 percent. During the July through September period, the ports moved 770,190 TEUs, compared with 742,593 last year. The positive quarterly container results were aided by an early peak shipment of holiday goods, which occurred during September, delivering 11.1 percent TEU growth for the month.
“We are developing new opportunities for growth during these challenging economic times,” Foltz said. “Although our ports are growing market share and volume, we will continue to closely monitor broader economic conditions in the coming months.”
Breakbulk activity in Brunswick and Savannah continues to lead port growth, reporting 16.3 percent quarterly and 31.8 percent September increases. Heavy automobile and machinery throughput is leading the volume surge. Brunswick’s quarterly output, measured in tonnage, showed a 24.8 percent increase over last year, rising from 363,374 tons to 453,358 tons.
In monthly totals, retailers’ earlier than expected holiday season orders pushed the Port of Savannah’s growth rate over last year to 13.5 percent in total tonnage for the month of September, moving 2,080,925 tons of cargo in the single month. That figure is up from 1,833,590 tons moved in September 2010.
The Port of Brunswick recorded 56.2 percent growth over last September’s 110,403 tons, to reach 172,453 in total tonnage for the month.
“The GPA will continue to watch closely and adjust to market forces,” said GPA Board Chairman Alec Poitevint, “so that even during a difficult economy, Georgia’s deepwater ports will remain a catalyst for economic growth and job creation.”
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

USCG to Inspect Storm-damaged Anthem of the Seas

The storm-damaged Royal Caribbean cruise ship Anthem of the Seas is scheduled to return to New York Harbor Wednesday evening where it will be met by a team of inspectors from U.

Sydney Deep Water Port Project Named NOVAPORTE

The Harbor Port Development Partners (HPDP) and the Port of Sydney announce the new brand for Sydney’s new container terminal: NOVAPORTE and its adjacent logistics park NOVAZONE.

Royal Caribbean Ship Thrashed by Storm Returns on Wednesday

A Royal Caribbean cruise ship forced to turn back early after being battered by an Atlantic storm was expected to return to its New Jersey port at 9 p.m. on Wednesday (0200 GMT Thursday),

Finance

Funding Secured for Project to Deepen the Delaware River

Dennis Rochford, president of the Maritime Exchange for the Delaware River and Bay, announced that President Obama’s FY17 proposed budget includes $33 million for the Delaware River Deepening Project.

Top 10 Shipowning Nations by Value

VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the

Port of Hamburg Reports Bulk Cargo Jump in 2015

The Port of Hamburg reports higher bulk cargo throughput and strong growth in rail and inland waterway seaport-hinterland traffic in 2015 – downturn in container handling.

Container Ships

Sydney Deep Water Port Project Named NOVAPORTE

The Harbor Port Development Partners (HPDP) and the Port of Sydney announce the new brand for Sydney’s new container terminal: NOVAPORTE and its adjacent logistics park NOVAZONE.

Top 10 Shipowning Nations by Value

VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the

Port of Hamburg Reports Bulk Cargo Jump in 2015

The Port of Hamburg reports higher bulk cargo throughput and strong growth in rail and inland waterway seaport-hinterland traffic in 2015 – downturn in container handling.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0807 sec (12 req/sec)