Georgia Ports Authority, Panama Canal Sign Agreement

Friday, June 20, 2003
The Georgia Ports Authority (GPA) and the Panama Canal Authority on Friday signed an historic agreement that will allow both agencies to jointly promote all-water shipping routes between Asia and the Port of Savannah. "We project that nearly 700 vessels representing a total of over 1 million TEUs will use the Panama Canal to call on Savannah this year," said David A. Schaller, GPA's Deputy Executive Director, who signed the agreement in an official ceremony today. "This strategic alliance will allow GPA and the Panama Canal Authority to improve services for our customers and generate new economic opportunities for Georgia and the Southeastern United States." The agreement also provides for both parties to conduct joint marketing programs, share data, technology and information related to modernization. "Nearly 70 percent of GPA's total cargo volume will travel via the Panama Canal this year," said Schaller. "So it is absolutely essential that both authorities work as closely together as possible to enhance international trade." The Port of Savannah has 13 all-water weekly services to the Far East that transit the Panama Canal, is the 2nd ranked port on the U.S. East Coast receiving imports from Asia, and the fifth largest containerport in the United States. The Port of Savannah accounts for 4.8% of the total U.S. import tonnage from China and ship traffic from China to Savannah grew by an amazing 39 percent last year, according to the World Trade Atlas. During FY02, the Port of Savannah welcomed five new ocean carrier services to an already extensive list of liner services giving shippers more choices, better frequency and assurance of competitive rates. "A key ingredient to our steady growth in the Asian market is directly tied to our excellent partnership with America's major retailers," said Schaller. "As a result, Savannah is a regional distribution hub employing thousands of people."
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

Globecomm to Provide VSAT for PBJV Barge

Purpose-built accommodation and pipe-lay barge on charter to Petronas equipped with VSAT and L-Band services. Globecomm Maritime has been awarded a contract

VSTEP Wins Mexican Navy Simulator Contract

The Mexican Navy selected VSTEP to supply a Class A NAUTIS Full Mission Bridge (FMB) Simulator and 24 NAUTIS desktop trainer stations for the Naval Academy in Veracruz.

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,

Ports

2 Post Panamax Cranes for Port Freeport Arrive

Port Freeport announced the arrival of their two Post Panamax Cranes. “The Gantry cranes departed from Shanghai, China on May 7th and arrived at Port Freeport on July 19th,

Thome Awarded for Green Efforts in Long Beach

Thome Ship Management has been awarded a Green Environmental Achievement Award by the Port of Long Beach, California, for high standards in performance during 2013.

200th Airbus A320 Shipset Loaded for China

The 200th shipset for Airbus’s A-320 final assembly line (FAL) in Tianjin, China, was loaded on to the containership COSCO Hope at HHLA’s Container Terminal Tollerort

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Shipbuilding / Vessel Construction 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: 0.1204 sec (8 req/sec)