GPA Announces New Appointments, Financial Growth

Tuesday, June 28, 2011

The Board of Directors of the Georgia Ports Authority (GPA) has re-elected Alec L. Poitevint, II, of Bainbridge to serve a second term as Chairman of the Board. Other Board members elected to one-year offices were Robert S. Jepson, Jr. of Savannah as Vice Chairman and Roy H. Fickling of Macon as Secretary and Treasurer.

The GPA also announced overall tonnage for the Ports of Savannah and Brunswick reached the second highest monthly volume ever in May with 2,352,302 tons, which was a 16.7 percent increase compared with May 2010.

“While the global economy continues its modest and fragile recovery, the GPA reported increases in all category groups,” said GPA’s Executive Director Curtis J. Foltz. “We anticipate a strong end to the fiscal year, reflecting record volumes and container throughput approaching 12 percent growth.”

Container volume remained strong with container traffic up 10.1 percent in May, handling 143,447 units or 254,329 TEUs (twenty-foot equivalent units). Loaded exports increased 16.7 percent compared with May 2010.

“Carriers are repositioning empty containers into Savannah to support our robust export growth,” said Foltz. “Export volumes remain our dominant direction, outpacing imports 54 percent to 46 percent.”

Ocean Terminal’s breakbulk cargo was up 45.7 percent in May 2011 with 106,782 tons and a fiscal-year-to-date volume of 1,004,563, which is an FYTD increase of 36.5 percent. This growth was due to growth in import/export machinery, export wood pulp and export automobiles, as well as global demand for iron/steel, lumber and machinery.

Colonel’s Island Terminal in Brunswick handled 43,843 auto and machinery units in May, which yielded a 21.8-percent increase compared with May 2010 and the Authority’s highest monthly volume ever. Roll-on/roll-off volume at the facility has increased 43.6 percent for the fiscal year (July 1, 2011 through June 30, 2012).

“Global demand for Georgia’s products has been essential in helping our state weather the economic recession and will be critical in our region’s growth,” said Poitevint. “Our balanced export-to-import ratio promotes efficiency and has helped to drive economic recovery throughout the state of Georgia and the entire Southeast.”

Georgia’s deepwater ports and inland barge terminals support more than 295,000 jobs throughout the state annually and contribute $15.5 billion in income, $61.7 billion in revenue and $2.6 billion in state and local taxes to Georgia’s economy. The Port of Savannah handled 8.6 percent of the U.S. containerized cargo volume and 12.4 percent of all U.S. containerized exports in 2010.
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Wärtsilä wins BWMS Order for 3 Vessels

Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping

New MD for Glander Int'l Bunkering (India)

Glander International Bunkering is proud to announce that Ajay Menon has been appointed as the Managing Director of Glander International Bunkering (India) Private Limited.

First Damen Twin Axe for Offshore O&G

To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities.

Ports

SITC Inks Deal with Qingdao Port

SITC International signed a strategic cooperation agreement with Qingdao Port International Co., Ltd. in Qingdao yesterday in order to further strengthen the strategic

Superyacht Marina Planned at San Juan, Puerto Rico

Puerto Rico Ports Authority issues RFP for Marina District. The project envisions a superyacht marina and dry dock maintenance, repair and overhaul facility

Hoegh LNG Bags FSRU Deal in Chile

Oslo-based Höegh LNG said it has signed an Floating Storage and Regasification Unit (FSRU)contract with Chilean Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay,

Finance

Superyacht Marina Planned at San Juan, Puerto Rico

Puerto Rico Ports Authority issues RFP for Marina District. The project envisions a superyacht marina and dry dock maintenance, repair and overhaul facility

Tanker Demand Picks-up in Canada

Canada’s role in the oil industry has changed dramatically in recent years driven by synthetic crude oil production in the oil sands of Alberta.   New plans for Energy East,

CNPC Eyes Myanmar for LNG Terminal

China's biggest oil and gas company China National Petroleum Corp.(CNPC ) has expressed interested in  a terminal in Kyaukphyu in Myanmar  to receive imported Liquefied natural gas (LNG).

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.2719 sec (4 req/sec)