POST Online Media Lite Edition



 

Georgia Ports Authority tops 1M TEUs in first two months of FY2023

Christian Fernsby |
In its busiest month ever, the Georgia Ports Authority handled 575,513 twenty-foot equivalent container units in August, an increase of 18.5 percent or 89,918 TEUs over the same month last year.

Article continues below




“The Port of Savannah’s geographic and capacity advantages remain a driving force behind current and new customers deciding to move cargo through Georgia,” said GPA Executive Director Griff Lynch.

“Our central location, and service through the largest container terminal in the Western Hemisphere offers speed to market and unmatched room to grow.”

Counting the July volume of 530,800 TEUs, the Port of Savannah’s August performance made for the fastest period in which the port has cleared the 1 million-TEU mark in a fiscal year.

“Our expanding container trade drives economic development, delivering jobs and opportunities locally and across the state,” Lynch said.

He noted the recent opening of the final stretch of Jimmy Deloach Parkway, linking Garden City Terminal with interstates 95 and 16 – as well as greater reliance on rail – allow for growth while easing the traffic burden in neighboring communities.

Intermodal volumes, including operations at Garden City Terminal and the Appalachian Regional Port, totaled nearly 51,700 rail lifts in August, up by more than 4,000 lifts compared to the same month last year.

“The investments we have made in our operating infrastructure have been paying off in our ability to handle the sustained influx of business that began two years ago,” said GPA Chairman Joel Wooten.

“Combined with a deeper harbor, our improved rail capabilities and expanded container yard space have allowed GPA to maintain fluid cargo management.”

In November 2021, GPA commissioned the final nine of 18 working tracks on its Mason Mega Rail Terminal, increasing rail capacity by 30 percent. Served by Class I railroads Norfolk Southern and CSX, the 85-acre rail yard is the largest of its kind for a port terminal in North America.

While the Port of Savannah continues to work through a vessel backlog, Lynch noted imports on the water are trending downward compared to July, when there were 265,000 containers destined for Savannah.

Today, that number is 223,460 boxes on the water. Lynch said the number of vessels at anchor will dwindle over the next six weeks, and a more permanent solution will come online in June 2023, when improvements to Container Berth 1 at Garden City Terminal are completed.

Work to realign the berth is now more than 60 percent complete. The improvement will provide space for another big ship berth, allowing the Port of Savannah to simultaneously serve four 16,000-TEU vessels, as well as three additional ships.

“This is a rare project for a U.S. port,” Wooten said. “By this time next year, an additional big ship berth in Savannah will have increased our ability to move containers on and off vessels by 1.4 million TEUs per year.”

In a related project, GPA has ordered eight new ship-to-shore cranes, set to be commissioned in December 2023.

Additionally, work has begun on the Garden City Terminal West Expansion Phase II. The project will add 90 acres of container storage space to be supported by 15 electric rubber-tired gantry cranes.

The project will add 1 million TEUs of annual container handling capacity, coming online in phases in 2023 and 2024.


What to read next

Georgia Ports Authority makes major infrastructure investment
Georgia Ports Authority sets all-time trade record in May
Port of Los Angeles posts record March, best first quarter

G Mining Ventures appoints Carlos Vilhena to board

 
G Mining Ventures, a mining company, appointed Carlos Vilhena to its board of directors.
 
 

Latest

Colombian minister announces short and medium-term measures to help rural producers affected by winter weather
Third stage of vaccination against classical swine fever starts in Brazilian state Alagoas
Criterium Energy appoints David Dunlop as director
Australia's fish stocks stable and steady

NEWS

South Korea issues return-to-work order to truckers on strike

U.S.: Winter weather conditions for west, severe weather potential for south on Tuesday
World's largest volcano Mauna Loa erupts
WHO renames monkeypox as mpox on racism ground
Austrian rail strike goes ahead
European super drugs cartel taken down in six countries, over 30 tonnes of drugs seized
 

BUSINESS

More internationally educated family doctors on the way to British Columbia

Department of Health in South Africa to conduct feasibility study on implementing solar panels in hospitals
City Hall and TfL release land for 100 new ultra-rapid public charging points on busy London roads
Swiss reserve power plant to be operational by February
Over 4,000 European doctors left UK after Brexit
South Asia's first underwater tunnel marks partial completion in Bangladesh
 

Trending Now

Meta Ireland fined 265 mln euros for data breach

Rolls-Royce and easyJet complete world first hydrogen aero engine run

Australia pledges AUD 2 million to WTO Fisheries Funding Mechanism

EIB Global and Kyiv to work on restoring and modernising transport infrastructure in capital of Ukraine


POLITICS

Qatar and Germany sign long-term natural gas agreement

EIB Global and Kyiv to work on restoring and modernising transport infrastructure in capital of Ukraine
Governor Ricketts begins Japan trade mission, promotes Nebraska in Tokyo
Texas Governor Abbott directs immediate resources to Houston water issue
Netherlands to build over 400,000 new homes, spend €4bn on public transport infrastructure
U.S. allows resumption of limited oil extraction by Chevron in Venezuela
 

Today We Recommend

European super drugs cartel taken down in six countries, over 30 tonnes of drugs seized


Highlights 

AstraZeneca to acquire Neogene Therapeutics for up to $320 mln

Shell to buy Nature Energy in £1.7bn deal

Meta Ireland fined 265 mln euros for data breach


COMPANIES

Biocytogen Pharmaceuticals enters antibody agreement with ADC Therapeutics

BT announces plan for pay rise of up to 16% for all but highest paid
AstraZeneca to acquire Neogene Therapeutics for up to $320 mln
Shell to buy Nature Energy in £1.7bn deal
Africa Data Centres to build its first data centre in Kigali, Rwanda
Rolls-Royce and easyJet complete world first hydrogen aero engine run
 

CAREERS

Arthex Biotech appoints Frédéric Legros as chairman

Promontory Therapeutics appoints Stanley J. Musial as CFO
1NCE expands leadership team in Europe and Asia-Pacific
Walt Disney fires CEO Bob Chapek, returns Robert A. Iger
Appian appoints Silvio Lima as head of corporate affairs
Appia Rare Earths appoints Irvine R. Annesley as vice president
 

ECONOMY

EU trade with Indo-Pacific region

EU green energy product imports in 2021: 15.2 billion euros
Czech Republic: Economic sentiment ticks up in November
Poland: Business sentiment ticks up in November
Italy: Business confidence strengthens in November
Italy: Consumer confidence improves notably in November
 

EARNINGS

Natuzzi Q3 revenue increased 14.5%

CMA CGM Q3 revenue $19.9 billion
G. Willi-Food Q3 sales increased by 16.6%
Deere Q4 net income $2.246 billion
Nordstrom Q3 net loss $20 million
VMware Q3 revenue $3.21 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Australia pledges AUD 2 million to WTO Fisheries Funding Mechanism

Pesticide sales jump by 17% in Switzerland
Tesco announces close to £14 million of additional support for British egg industry
Illegal transportation of more than a ton of salmon, sturgeon caviar stopped at Omsk section of Russian-Kazakh border
Rosselkhoznadzor found pests, returned apples to North Macedonia
NDA reports additional case of HPAI in Nebraska
 

LEADERSHIP

Corporate duty waivers limit organic company growth and innovation

Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
 

CRIME

Meta Ireland fined 265 mln euros for data breach

Ukraine fines Engie, Shell subsidiaries over Nord Stream 2
New Zealand fines Southland fishing company $40,000
Italy's antitrust fines Edison Energia 3.8 mln euros over unfair practices
FTC secures monetary judgment in deceptive energy savings claims case
Croatian Competition Agency fines dairy processing company PIK Rijeka $13,740 for imposing unfair trading practices
 

Magazine

TRAVEL

Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal

Candlewood Suites Hotel opens in Aberdeen, Md.
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
Abu Dhabi welcomes visitors to discover experiences at their own pace
Christmas Nights of Lights started in Indiana
 

SEA, LAND, AIR

New colorful Porsche 718 Style Edition models

2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
BMW M2, fast beast in small package
 

DESIGN

Patchwork carpets, vintage Persian carpets made with unparalleled skill

Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
 

GADGETS

Take Elektor Fortissimo and make your own high-end amplifier

RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
 

HEALTH

Strong recommendation for pyronaridine-artesunate in revised WHO Malaria Treatment Guidelines

Pakistan launches anti-polio vaccination drive to inoculate 13.5 mln children
Ibuprofen and similar NSAIDS can be associated with hastened progression of osteoarthritis symptoms
Virgin Islands community encouraged to prevent antimicrobial resistance
Shionogi seeks Japan approval for COVID-19 vaccine
French doctors warn of antibiotics shortage
 

MEANTIME

Astrophysicists hunt for second-closest supermassive black hole

New European supercomputer inaugurated in Italy
European Space Agency presents new generation of astronauts
NASA selects Rocket Lab to launch TROPICS mission
World's heaviest flying bird heals itself with plants used in traditional medicine
James Webb Space Telescope reveals an exoplanet atmosphere as never seen before