GPA Surpasses Two Million TEUs in FY06

Monday, July 31, 2006
The Georgia Ports Authority (GPA) announced its fiscal year end results with all key business sectors reporting positive growth for the year. The Port of Savannah handled 2,041,789 Twenty Foot Equivalent Unit containers (TEUs) in FY06, an increase of 15.9 percent from the previous year. Total GPA intermodal rail lifts also rose 23.1 percent for the year. Auto and machinery units handled by the GPA totaled 376,446, an increase of 8.2 percent. A record 368,475 units were handled at the Colonel’s Island Terminal alone. Highlights from FY06 (July 2005 – June 2006) include: The completion of Phase One of Container Berth 8, part of the largest single container facility in the USA; the GPA Board of Directors approved an $82.6m capital improvement program which will include four Super Post-Panamax Cranes, 15 Rubber-Tired Gantry Cranes, and numerous other container yard and auto processing improvements; an ambitious rail expansion program was approved that will increase rail capacity at the Port of Brunswick by 100 percent; both Target and IKEA announced a total of four million additional square feet of distribution space at the Savannah International Trade Park, four miles from the Garden City Terminal at the Port of Savannah; and several new shipping services were added at the Port of Savannah, a 20-year agreement with Maersk Line and a 15-year agreement with CMA CGM were signed.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

4th cycle of SR 520 pontoons completed in Aberdeen

Another six State Route 520 bridge pontoons began floating out of the Aberdeen casting basin late Tuesday night, April 15, marking completion of the fourth of six

Padbury delays detailing port funding

Padbury Mining on Thursday failed to reveal the investors behind a more than $6 billion port and rail project in Western Australia's iron ore belt, asking for its

SC Ports Report Record Pier Container Volumes

Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,

Ship Sales

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Scorpio Tankers' Latest Sale & Purchase Deals

Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier. In March 2014, the Company received

McQuilling Services Industry's Spot Market Review for First Quarter

There’s no denying that the wave owners rode into 2014 on was a welcome way to start the new year (at least from their perspective).  Earnings in the large crude

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar
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: 0.0970 sec (10 req/sec)