Georgia’s Ports Report Growth

Tuesday, September 25, 2007
Doug J. Marchand, Executive Director of the Georgia Ports Authority (GPA), released tonnage and volume reports reflecting a strong start to fiscal year 2008 during a meeting of its board of directors. He cited tonnage growth of 26.9 percent, or 2.1 million tons in August, and a 26.7 percent growth in July, for a total increase of 910,00 tons. Port of Savannah handled 236,020 Twenty-foot Equivalent Unit containers (TEUs) for August, a 30.1-percent increase and a combined 467,711 TEUs for the first two months of the fiscal year. The Authority reported 28.5-percent increase in TEUs for the fiscal year to date. Marchand also indicated the Authority would bring an additional 14 Rubber Tire Gantry Cranes on-line in FY08, four ship-to-shore cranes in early 2008 and by late 2009 another four cranes at the Garden City Terminal. In addition, Marchand said the $100 plus million capital improvement plan for FY08 includes considerable infrastructure improvements, new technology upgrades and $12m to complete Phase 1 of the Chatham Yard ICTF. The Authority reported 23.3 percent growth in bulk cargo for August and a 44 percent increase, or 143,376 additional tons, in the first two months of the fiscal year. The total gain in bulk cargo was the result of strong volumes of bio-diesel products and sand in Savannah, gypsum, perlite and urea at Marine Port Terminal in Brunswick and barley, malt, and peanut hulls at Colonel’s Island. The Authority approved $3.85m in funding to provide utilities and roadway access on the South Side of Colonel’s Island to support further expansion. The Authority approved $2m for the initial engineering and environmental services necessary to expedite the completion of the Jimmy DeLoach Connector, a direct truck corridor into Savannah’s Garden City Terminal. Georgia’s deepwater ports and inland barge terminals support more than 286,476 jobs throughout the state annually and contribute $14.9b in income, $55.8b in revenue and $2.8b in state and local taxes to Georgia’s bustling economy.
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

Last Saltie Departs Duluth; Lakers Make Final Push

Duluth-Superior’s international shipping season winds to a close as last saltie departs; Great Lakes freighters make final push to mid-January   This weekend

Fighting for Ports Escalates in Libya

Military planes loyal to Libya's recognised government attacked on Sunday an opposing force that is seeking to seize the country's two biggest oil ports, officials said.

Finance

NSRP Awards $11m for R&D Project Portfolio

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part

Nicaragua Building China-led Canal to Rival Panama

Nicaragua on Monday broke ground on its Chinese-led $50 billion shipping canal, a massive infrastructure project that aims to rival Panama's waterway and revitalize

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair 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: 0.1374 sec (7 req/sec)