Georgia Ports Authority Best Quarter Ever

Friday, October 15, 2010

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced the Port of Savannah experienced 20.1-percent growth in twenty-foot equivalent units (TEUs) for the first three months of FY2011 (July – September 2010), a record for the Authority.

“The first quarter of 2011, once again, showed that the Port of Savannah is not only increasing its value and market share by record numbers, but also its importance to the national logistics and transportation system,” said Foltz. “Today, the Port of Savannah serves 44 percent of this country’s population with majority exports. Moving forward, however, we do expect volumes to moderate through the first half of next year.”

In the first three months of FY2011, the GPA moved 742,637 TEUs, which is a 20.1-percent increase compared with 618,256 TEUs moved in first quarter FY2010. The GPA surpassed its pre-recession TEU record quarterly volume during the first quarter FY2011, which was held previously by first quarter FY2008.

“It is a significant milestone for the Port of Savannah to move record TEU volume even during difficult economic times,” said GPA Chairman of the Board Alec L. Poitevint. “The GPA is poised to strengthen its global leadership position weathering the storm of an economic recession and solidifying the long-term interests of our nation.”

At the Port of Brunswick, the GPA handled 101,896 auto units in first quarter FY2011, which is an increase of 56.4 percent compared with first quarter FY2010. Vessel calls at the Port of Brunswick are also up 31.8 percent with 112 calls for first quarter 2011 compared with the same period in FY2010.
 

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

Ports

MARAD to Host Meeting on Proposed Delfin LNG License

MARAD Announces Public Scoping Meetings for Proposed Delfin Liquefied Natural Gas Deepwater Port Export Facility.   On July 29, the Maritime Administration

Maritime Experts to Debate Coastal Shipping, IWT Prospects

The opportunities and challenges faced by India’s coastal shipping industry as the country strives for a more optimal modal mix among various modes of transport

Matson Settles with Hawaii Settle on Molasses Incident

Pacific cargo shipper Matson, Inc. informs that a settlement has been reached with the State of Hawaii to resolve all civil, criminal and administrative claims

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1097 sec (9 req/sec)