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

Homecoming Scotland 2014 Fireball Championships

Lerwick Harbour is ready for an exciting week of sailing with the 2014 Fireball European Championships taking place at the port next week. As a warm-up to the main event,

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

Phillips 66 Marine Fueling Facility Nears Completion

Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.

Maritime Security

Cause of S.Korea Ferry Businessman's Death Remains Unknown

Yoo's body too badly decomposed to determine cause of death; mystery surrounding final days of de-factor owner of doomed ferry deepens. Yoo's son arrested in latest capture of family members.

Worrying Trend of Tanker Hijacks in SE Asian Waters: IMB

The Piracy Reporting Centre (PRC) of the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) raises concerns over a worrying trend of

House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Port Authority Ship Repair Ship Simulators Sonar 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: 0.1454 sec (7 req/sec)