GPA Posts Double-Digit Increases for 2011

(Press Release)
Monday, July 25, 2011

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that the GPA handled more than 2.9 million TEUs (Twenty-foot Equivalent Unit containers) at the Port of Savannah, more than 465,000 automobiles and machinery units at the Port of Brunswick and nearly 2.2 million breakbulk tons for all terminals in fiscal year 2011 (July 1, 2010 – June 30, 2011).
“The Georgia Ports Authority’s double-digit growth is significant for our state in a recovering economy because it creates additional jobs,” said Georgia Gov. Nathan Deal. “Our strong logistics and transportation network in Georgia — on land, sea, rail and by air — is key to job development in the Southeast and enables our state to stand out for its ability to move people and goods efficiently.”
In FY2011, the GPA handled 2,927,338 TEUs, which is an 11 percent increase or an additional 289,595 TEUs compared with the previous year. Automobiles and machinery units at the Port of Brunswick yielded a 40.1-percent increase for FY2011 with a total of 465,342 units. Breakbulk tonnage for all terminals totaled 2,195,047, which is a 37.5-percent increase compared with FY2010 or an additional 598,423 tons.
“Heavy volumes throughout the year have been driven by continued market share gains by our ports, modest domestic U.S. recovery and strong global rebound in the BRIC developing nations (Brazil, Russia, India and China),” said Foltz. “We achieved increases in volume and maintained market share in our trade lanes thanks to the hardworking men and women of the GPA and the entire maritime community that made this remarkable year of growth a reality. Our strategic location, logistical advantages including recent capacity expansion continue to make Savannah the Southeastern gateway to world markets.”
Export commodities grew by 12 percent, compared to nine-percent growth in imports. Overall, export throughput comprised 53 percent of the GPA’s total containerized cargo. The fastest growing export trade lanes were Southern Asia, Africa and Eastern Europe.
“Georgia’s strong position as a regional hub for export commodities is highlighted in the strong performance of the past fiscal year,” said GPA’s Chairman of the Board Alec L. Poitevint. “In addition, the Savannah Harbor Expansion Project (SHEP) passed important milestones this past year, and we are confident this nationally significant infrastructure project will gain necessary approvals and proceed according to the proposed schedule.”
Georgia’s deepwater ports and inland barge terminals support more than 295,000 jobs throughout the state annually and contribute $15.5 billion in income, $61.7 billion in revenue and $2.6 billion in state and local taxes to Georgia’s economy. The Port of Savannah handled 8.6 percent of the U.S. containerized cargo volume and 12.4 percent of all U.S. containerized exports in 2010.

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

Bulk Carrier Trends

Egypt Buys 175,000mt of Russian Wheat

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Wednesday it had bought 175,000 metric tons of Russian wheat for shipment Sept.

Rio Tinto Pulls Plug on Mozambique Coal Venture

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending

MOL Ship Management Earns Energy/Enviromental Certifications

First company to receive ISO50001 certification from Nihon Kaiji Kyokai.   MOL Ship Management Co., Ltd. (MOLSHIP), a core ship management company in the corporate group headed by Mitsui O.

Ports

USACE Gets Bird’s-eye View of Houston Ship Channel Growth

The 53rd U.S. Army Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers, Lt. Gen. Thomas P. Bostick, visited the Port of Houston Authority

Kenya's Mombasa Port Traffic Up 13% in H1

Container traffic through Kenya's biggest port grew by 12.8 percent in the first six months of the year after new cargo handling infrastructure was built to shorten the turnaround time for ships.

HHLA Creates 50 Jobs at Container Terminal Burchardkai

Hamburger Hafen und Logistik AG (HHLA) said it needs 50 additional commercial employees for the container terminal Burchardkai (CTB). The company continues its

Container Ships

Hamburg Süd Opens Office in Nanjing

On August 1, Hamburg Süd will open an office in Nanjing, China, to be headed by general manager Steven Pu. Hamburg Süd now operates from 20 locations in Greater China.

Kenya's Mombasa Port Traffic Up 13% in H1

Container traffic through Kenya's biggest port grew by 12.8 percent in the first six months of the year after new cargo handling infrastructure was built to shorten the turnaround time for ships.

HHLA Creates 50 Jobs at Container Terminal Burchardkai

Hamburger Hafen und Logistik AG (HHLA) said it needs 50 additional commercial employees for the container terminal Burchardkai (CTB). The company continues its

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.0981 sec (10 req/sec)