Georgia Port Tonnage, TEUs at All-time High

MarineLink.com
Monday, September 30, 2013
Photo: GPA

Records set in containers moved, total tonnage, and truck and intermodal moves made August an impressive month for the Georgia Ports Authority, Executive Director Curtis Foltz reported to the GPA board Monday.

“Although we set new records in many categories during August, challenges remain in many of the global markets important to future trade volumes,” Foltz said.

Total tonnage in August reached 2.5 million tons, up 8.5% over the previous August, an increase of 196,674 tons. For the first two months of FY2014, the GPA has moved 4.74 million tons of freight across all docks, an increase of 219,317 tons, or 4.8%.

For the month, the GPA moved 280,873 twenty-foot equivalent container units (TEUs), for a 3.8% increase over August 2012. Measured by containers, the GPA moved 156,979 units in August, 30,331 of which were moved by intermodal rail. The rail moves are up 3% over the same month in the previous year, when the GPA moved 29,455 intermodal containers.

“The record intermodal volumes are supported by economic and environmental benefits of rail transport,” Foltz said. “Our strong partnerships with CSX and Norfolk Southern have increased our rail participation to over 19% of total throughput.

August saw 180,572 truck moves at the Garden City Terminal, another high for the Port of Savannah.

While it was not a record month for bulk cargo, the GPA still achieved significant growth in that sector. Over the four and a half week period, bulk cargo accounted for 188,872 tons, up 51,781 tons or 37.8% compared to August 2012. Fiscal year-to-date growth was even more dramatic, rising by 112,000 to reach 363,786 tons of bulk cargo for a 44.5% jump compared to the same period in 2012.

“As new and existing customers increase volumes moved through the ports of Savannah and Brunswick, our facilities continue to grow – not only in tonnage and TEUs, but also in their impact on the nation’s economy,” said GPA Board Chairman Robert Jepson.

Georgia’s deepwater ports and inland barge terminals support more than 352,000 jobs throughout the state annually and contribute $18.5 billion in income, $66.9 billion in revenue and $2.5 billion in state and local taxes to Georgia’s economy. The Port of Savannah handled 8% of the U.S. containerized cargo volume and 10.9% of all U.S. containerized exports in FY2013.

gaports.com
 

  • Photo: GPA

    Photo: GPA

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

Ports

St. Lawrence Seaway Receives Strike Notice

The St. Lawrence Seaway Management Corporation (SLSMC) was served a 72-hour notice to strike by UNIFOR, a group representing the Seaway’s 460 unionized employees.

'Environmental' Hull Cleaning Ops OK'd in Oman

Oman’s Ministry of Environment and Climate Affairs has granted GAC EnvironHull permission to conduct underwater hull cleaning operations using the brush-and-diver-free

EU to Invest in Port of Dublin Development

The EU's TEN-T Program  will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection

News

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

Intermodal

EU to Invest in Port of Dublin Development

The EU's TEN-T Program  will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection

Kalmar Bags 9 RTGs Order from Piraeus Container Terminal

Kalmar, part of Cargotec, has signed a repeat order for nine all-electric rubber-tyred gantry cranes (RTGs) with Piraeus Container Terminal (PCT) S.A. in Greece,

Terex Bags Hans Lehmann Order

Terex Port Solutions (TPS) has received an order from Hans Lehmann KG (Lehmann) for a second diesel-electric G HMK 5506 variant of the Terex® Gottwald Model 5 mobile harbour crane.

Logistics

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

US Natgas Exports Would Raise Energy Prices but Boost Economy

Expanded U.S. liquefied natural gas exports would mean a modest price increase for domestic consumers, but the higher costs would be offset by a boost to the economy, the U.

Iran Gas Exports to Europe Would Take at Least 5 Years

Iran would take at least five years to start exporting natural gas to the European Union if sanctions were removed, industry experts said on Wednesday. Last month,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.2734 sec (4 req/sec)