GPA Reports 6% Container Growth

MarineLink.com
Monday, March 24, 2014

The Georgia Ports Authority has moved more than 2 million twenty-foot equivalent container units (TEUs) so far this fiscal year (July-February), for an increase of 6.2 percent or an additional 119,318 TEUs.



“The strong growth experienced throughout our business sectors this fiscal year demonstrates the resilience and strength of the Southeast market, and a positive return on the continued investments in Georgia’s ports, rail, roads and logistical supply chain,” GPA Executive Director Curtis Foltz reported to the authority board Monday.



Foltz said he expects similar growth through the final quarter of the fiscal year.



In total, the GPA moved 19.2 million tons of cargo in the fiscal year to date, an increase of 7.6 percent, or 1.3 million tons. Growth across major cargo sectors contributed to the improvement.
 


The GPA achieved an increase of 5.6 percent in roll-on/roll-off cargo through February, moving 438,990 automobile and machinery units – up 23,322 units compared to July-February FY2013. Bulk cargo such as soybeans and wheat rose 6.6 percent for the fiscal year through February to reach 1.86 million tons – an improvement of 114,868 tons over the same period last year.



In monthly totals, the GPA handled 2.4 million total tons in February, an increase of 5.4 percent or 122,060 tons. Foltz reported that Georgia’s deepwater ports set a record in February, handling the highest volume of containers ever for a February, at 248,746 TEUs, an increase of 2.6 percent. Breakbulk commodities increased by 8.8 percent (15,568 tons) last month, for a total of 192,204 tons. Meanwhile, February bulk cargo rose by 33 percent (69,745 tons) year over year to reach 280,477 tons.



Foltz also reported that the FY2015 state budget approved by the Georgia General Assembly includes an additional $35 million in state funds for the Savannah Harbor Expansion Project. This funding, initially proposed by Gov. Nathan Deal, brings the state allocation to $266 million, fulfilling Georgia’s portion of the total project costs estimated at $652 million.



“Georgia stands ready to begin the harbor deepening, and we are working with the U.S. Army Corps of Engineers to complete all pre-construction activities allowed,” said GPA Board Chairman Robert Jepson. “The GPA and the Corps of Engineers have a draft cost-sharing agreement ready to sign as soon as Congress passes the Water Resource Development Act – a measure which will update the budget amount to the current estimate of $652 million.”
 

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

People & Company News

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Bulk Carrier Trends

NewLead Fixes Newcomer, "Newlead Castellano"

NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano".

Great Lakes Coal up More Than 12% in September

Lake Carriers’ Association reported that coal shipments on the Great Lakes totaled 3 million tons in September, an increase of more than 12 percent compared to a year ago.

Containers, Cruises Help Boost Marseilles Fos

Container throughput at French port Marseilles Fos reached 876,711 teu for the period January to September, an increase of 6% on the first nine months last year.

Container Ships

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

News

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Logistics

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Singapore Bunker Meter Mandate Targets 'Frothy Fuel'

Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers,

Antwerp Port Achieves Highest Throughput

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both

 
 
Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.3007 sec (3 req/sec)