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

Ports

Wage Row Between Argentine Crushers, Companies Reaches Crunch Point

Pressure grew on Friday for a resolution to wage talks between exporters and striking crushers in Argentina's Rosario grains hub, with another powerful union threatening

Matson Completes Horizon Lines Acquisition

Matson, Inc. has completed the acquisition of Horizon Lines, Inc. which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities.

Chile Customs Strike Ends After 8 Days

A customs strike in Chile that had held up exports and imports for over a week has ended after the union said on Friday it had come to an agreement with the government.

Maritime Security

Thailand: 300 "boat people" Landed in Recent Weeks

Around 300 "boat people" have landed on Thailand's shores in recent weeks, Sek Wannamethee, director-general of the information department at Thailand's Foreign Ministry, said on Friday.

U.S.: China Placed Artillery on Reclaimed Island

The United States said on Friday that China had placed mobile artillery weapons systems on a reclaimed island in the disputed South China Sea, a development that Republican Sen.

Adm. Swift Takes Command of Pacific Fleet

Adm. Scott H. Swift returned to his home state and relieved Adm. Harry B. Harris Jr. as commander of the U.S. Pacific Fleet during a change of command ceremony on Joint Base Pearl Harbor-Hickam,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Shipbuilding / Vessel Construction Winch
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: 0.1740 sec (6 req/sec)