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 July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Livanos Becomes Euronav Chairman

On 22 July 2014, the Board of Directors of Euronav NV unanimously appointed Peter G. Livanos as Chairman of the Board, with immediate effect in replacement of Marc

MN 100: Scania USA Inc.

121 Interpark Blvd. Ste. 1002 San Antonio, Texas 78216 Tel: (210) 679-3126  Email: smurdock@scaniausainc.com Website: www.scaniausa.com President & CEO:

MN 100: gplink

1500 Sensation Weigh Beaufort, NC 28516 Tel: (252) 504-2640    Email: dwebb@gplink.com Website: www.gplink.com President & CEO: Greg Poole, III The Company: gplink

Ports

Storm Surge Halts Vessel Operations at Long Beach

Two cargo terminals at the Port of Long Beach announced Wednesday, Aug. 27, that they were suspending vessel operations for the day because 10- to 15-foot high

Port of New Orleans Sponsors Agricultural Summit

The Port of New Orleans has signed on as a sponsor for the 9th annual Oilseed & Grain Trade Summit, taking place here October 7-9, 2014, at the Hyatt Regency New Orleans.

Panama Canal Opens 2nd Maintenance Congress

The Panama Canal Authority (ACP) opens today the Second International Maintenance Congress with the participation of 26 international and six local experts to promote

Finance

EU to Help Italy Cope with Boat Migrants

The European Commission said on Wednesday it would launch an EU version of Italy's sea rescue operation to help it deal with the droves of migrants crossing the

Governors Write Obama for Mississippi River Funding

Governors seek President Obama’s support for upper Mississippi River commercial navigation locks and ecosystem The Governors of the five Upper Mississippi River States of Illinois,

Port of Long Beach Raises Small Business Commitment

The Long Beach Board of Harbor Commissioners – seeking to expand opportunities for a wider range of vendors, contractors and consultants – has set a higher goal

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1598 sec (6 req/sec)