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


Cordero Reconfirmed as FMC Commissioner

Mario Cordero was reconfirmed today as a U.S. Federal Maritime Commissioner.   Cordero joined the Federal Maritime Commission (FMC) as a Commissioner on June 3,

Port of Cleveland Scores Sediment Customer

The Port of Cleveland and its partner Kurtz Bros., Inc. have scored their first major user in the Port’s effort to market sediment for beneficial use.  Great Lakes Construction, Co.

Former Shipping Execs Indicted on Price-fixing

Three former executives of ocean freight shipping firms have been indicted for participating in a long-running price-fixing conspiracy, the U.S. Justice Department announced.

Ship Sales

IRISL Looks West with New Vessels

The Islamic Republic of Iran Shipping Lines (IRISL) plans to become one of the world's top ten shipping lines. It plans to modernize its fleet and ally with international

Azerbaijan to Get New Passenger Vessel This Year-end

Azerbaijan Caspian Shipping Company  expects to get the first of the three passenger vessels being built currently at the Baku Shipbuilding & Repair Plant (Baku Shipyard LLC) until the end of 2015,

Supramx Ship Delivered to Seanergy

Dry Bulk shipping company Seanergy Maritime Holdings Corp. announced today the delivery of a 56,819 dwt Supramax dry bulk vessel, renamed M/V Gladiatorship.   The vessel,

Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.2047 sec (5 req/sec)