GPA Grows Market Share and Container Capacity

Tuesday, May 20, 2003
Doug Marchand, Executive Director of the Georgia Ports Authority (GPA), announced at a meeting of the Board of the Directors today that the Port of Savannah had attained another month of impressive container growth. "GPA is simultaneously gaining market share while growing container capacity," said Marchand. "While April results represent a 36.6 percent increase in TEUs over last year, even more impressive is that we have sustained record growth all year long." GPA's April results show that 129,040 TEUs were moved through the Port of Savannah, a 36.6 percent increase, or 34,569 more TEUs than April of last year. Records also show that for the first ten months of Fiscal Year 2003 (July-April), 1,259,518 TEUs were moved through the Port of Savannah, a 33.5 percent increase, or 316,177 more TEUs than at this time last year. "This is a tribute to our loyal customers, the hard work of our entire staff, and the support we continue to receive from local, state and federal governments," said Marchand. "GPA is fortunate to have such committed partners who clearly understand that when Georgia's ports grow so does employment in the shipping, transportation and distribution sectors." In an ongoing effort to accommodate new cargo growth, the GPA Board of Directors authorized $11 million in upgrades to Container Berth 3, part of a five-year, $33-million program that will increase the number of containers the Garden City Terminal can handle on existing acreage. "I am proud to announce today that the Georgia Ports Authority has approved plans that will allow us to continue the conversion of the Garden City Terminal from a chassis to a stacking operation," said Marchand. "The combination of new equipment purchases and our container berth upgrade program will greatly increase our container capacity."
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Location of New Port Expansion Projects: Analysis

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure,

GAC North America Passes the Helm to Schensema

GAC says it  has moved Claus Schensema to Houston, Texas, where he will take up the post of Managing Director of GAC North America Logistics. Schensema brings

Maritime Security

Tripoli Airport Ablaze, Rockets Leave Libya in Chaos

Diplomats flee Libyan chaos; Politicians appeal for international intervention. Clashes in Tripoli, Benghazi kill around 160 over two weeks, while Libyan capital face fuel, power shortages.

South Korean Teens: Left to Escape Sinking Ferry

Students testify no help came from crew; Coastguard rescuers were passive, only pulling passengers out. Crew in a state of panic, witness says. Six teenagers

Raytheon Anschütz Debuts ShipGuard at SMM

In view of an increasing demand for security of merchant ships and maritime trade, Raytheon Anschütz, a German-based manufacturer of Integrated Bridge Systems,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.1108 sec (9 req/sec)