WRRDA Spurs Savannah Harbor Expansion

By Eric Haun
Friday, May 23, 2014
A containership makes its way up the Savannah River to the Georgia Ports Authority Garden City container terminal in Savannah, Georgia. (Photo: Georgia Ports Authority/Stephen Morton)

The U.S. Senate’s passage of the federal Water Resources Reform and Development Act of 2014 (WRRDA) has cleared the way for construction to begin on the Savannah Harbor Expansion Project. The House passed identical legislation on Tuesday.


Georgia Ports Authority Executive Director Curtis Foltz called the bill’s passage a critical milestone. “Today’s action is an important step toward better accommodating the larger vessels that are the new standard in global shipping,” said Foltz. “Georgians owe a debt of gratitude to the members of our congressional delegation, who worked tirelessly for more than a decade to bring this day about.”

The bill officially lifts the spending limit set when lawmakers first authorized the project in 1999, which will allow both state and federal dollars to flow to the port deepening.

“This landmark legislation will update an outdated spending cap that was put on the Savannah Harbor deepening project more than a decade ago, eliminating the last legislative hurdle and allowing us to use the money we have set aside to begin construction,” said Georgia Gov. Nathan Deal. “With the understanding that we’ll have a federal-state split on funding, Georgia has lived up to its promises. We’ve now put aside $266 million — the total state share. This project is vitally important for economic development and job creation not only in the Southeast, but nationally as well.”

“After 16 years of study, we are now on the eve of construction,” said GPA Board Chairman Robert Jepson. “This project will provide significant annual benefits to American businesses, reducing shipping costs by $213 million a year -- for a return on investment of $5.50 for every dollar spent to construct and maintain this project.”

Once the president signs WRRDA into law, Georgia will enter a Project Partnership Agreement (PPA) with the U.S. Army Corps of Engineers. The PPA defines how the costs of the project will be shared between the state and federal government.

Foltz said he expects to have a binding PPA within 90 days, allowing accelerated use of Georgia’s portion of the funding. These funds will be credited against the state’s ultimate cost share at the end of construction.

Initial contracts will include dredging to extend the entrance channel from the mouth of the Savannah River by seven miles farther into the Atlantic Ocean. Other early project elements include mitigation features such as an oxygen injection system, a freshwater storage alternative for the city of Savannah and recovering the CSS Georgia.

The project is necessary because the world fleet is moving to larger ships. The average vessel calling on the U.S. East Coast is shifting from a capacity of 4,500 twenty-foot equivalent container units (TEUs) to approximately 9,000 TEUs.

“The deepening will cut transportation costs by reducing transit delays for larger, more efficient Post-Panamax vessels,” Foltz said. “Cost reductions of about 30 percent are expected, saving billions over the 50-year life of the project.”

gaports.com
 

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

Ports

Southern California Port Congestion

Hapag-Lloyd informs about the congestion at the ports of Los Angeles and Long Beach that has reached a critical point. I. Several container ships are anchoring

GAC Starts Hull Cleaning Op'ns in Oman

GAC EnvironHull hull cleaning operations using the brush-and-diver-free HullWiper system starting at the port of Sohar, just outside the Gulf of Hormuz. This

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member

Finance

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.

Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial

China to Import 335 MT of Naphtha, Wants More

China is set to import more than 335,000 tonnes of naphtha and diesel, rare moves for the world's no. 2 oil consumer given it has been self-sufficient at meeting domestic oil product demand,

News

Wärtsilä, Diesel United Renew Pact

Wärtsilä and Diesel United Ltd in Japan have signed a ten-year renewal of their co-operation agreement for the sale, manufacturing and servicing of Wärtsilä low-speed marine engines.

MARAD: Putting Alternative Power for Ships to the Test

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy. The National Defense

Delta "T" Hooks for Offshore Customer

Gaining further ground into the offshore crane market, Delta "T" Systems supplied Cranston Eagle hooks to crane manufacturer Appleton Marine, Inc.   These cranes

Government Update

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.

Delta "T" Hooks for Offshore Customer

Gaining further ground into the offshore crane market, Delta "T" Systems supplied Cranston Eagle hooks to crane manufacturer Appleton Marine, Inc.   These cranes

Libyan Government: Ports, Oil Fields Safe

Libyan oil ports and fields are safe and under government control, the country's interior minister said on Friday after visting the eastern Brega port. "This

 
 
Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.2116 sec (5 req/sec)