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 October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

WRRDA: Clearing the Channel for P3 Projects

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular,

BMT Supports Samalaju Port Development

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design expertise for an advanced bulk-material handling system for the emerging port of Samalaju in East Malaysia.

Maritime Security

Subsea Defense & the Changing Paradigm of Submarine Programs

Technology and dynamic mission profiles have driven change in the defense industry, Hydro Group Plc Managing Director Doug Whyte, explores the changing paradigm of submarine programs,

Bollinger Delivers 11th FRC to the US Coast Guard

Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard.   The announcement was made by Bollinger Chief Operating Officer,

US Navy Evaluating SEWIP for LCS

The U.S. Navy is evaluating a scaled-down version of the Surface Electronic Warfare Improvement Program (SEWIP) system for potential incorporation on future Littoral Combat Ships (LCS),

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Port Authority 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: 0.1954 sec (5 req/sec)