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Savannah container volume soars 32pc in October to 410,000 TEU
SAVANNAH's container throughput soared 32 per cent in October when its waterfront Garden City Terminal moved 410,000 TEU, an increase of nearly 100,000 TEU.
"It was the first time in the port's history that volume topped 400,000 TEU in a month. For the fiscal year to date (July 1-Oct. 31), the Port of Savannah has moved 1.42 million TEU, up 12.3 per cent year on year, said the press release from the Georgia Ports Authority (GPA).
"Since the opening of the expanded Panama Canal, Garden City Terminal has experienced meteoric growth," said GPA executive director Griff Lynch.
"We're now handling more ships, bigger vessels and larger cargo exchanges. By working more weekly vessel calls than any other east coast port, and serving more neopanamax ships than any other port in the Southeast, Savannah has strengthened its position as a vital gateway to the global marketplace," he said.
Mr Lynch said the Port of Savannah, with the nation's single largest container terminal in North America, is playing a significant and growing role in supporting the nation's economy, emphasising the need for the timely completion of the Savannah Harbour Expansion Project.
"With deeper water, today's 14,000-TEU ships will be able to transit the Savannah River with greater scheduling flexibility, and take on heavier export loads," he said. "Because these larger vessels provide lower cost per container slot, they help make American farms and factories more competitive."
The Port of Savannah leads the east coast in trade of wood pulp, poultry, kaolin clay and raw cotton. Georgia's ports are also major exporters of paper, paperboard, logs and lumber.
To date, the harbour deepening has been funded by US$266 million in state funds and $127.8 million in federal construction dollars. The Administration's FY18 budget proposal devotes $50.06 million to SHEP.
"Unfortunately, the current proposal will not cover all the work that could be completed in a year," said GPA chairman Jimmy Allgood. "We are working with our leaders in Washington in hopes that they will provide additional funds through the US Army Corps of Engineers' work plan."
"It was the first time in the port's history that volume topped 400,000 TEU in a month. For the fiscal year to date (July 1-Oct. 31), the Port of Savannah has moved 1.42 million TEU, up 12.3 per cent year on year, said the press release from the Georgia Ports Authority (GPA).
"Since the opening of the expanded Panama Canal, Garden City Terminal has experienced meteoric growth," said GPA executive director Griff Lynch.
"We're now handling more ships, bigger vessels and larger cargo exchanges. By working more weekly vessel calls than any other east coast port, and serving more neopanamax ships than any other port in the Southeast, Savannah has strengthened its position as a vital gateway to the global marketplace," he said.
Mr Lynch said the Port of Savannah, with the nation's single largest container terminal in North America, is playing a significant and growing role in supporting the nation's economy, emphasising the need for the timely completion of the Savannah Harbour Expansion Project.
"With deeper water, today's 14,000-TEU ships will be able to transit the Savannah River with greater scheduling flexibility, and take on heavier export loads," he said. "Because these larger vessels provide lower cost per container slot, they help make American farms and factories more competitive."
The Port of Savannah leads the east coast in trade of wood pulp, poultry, kaolin clay and raw cotton. Georgia's ports are also major exporters of paper, paperboard, logs and lumber.
To date, the harbour deepening has been funded by US$266 million in state funds and $127.8 million in federal construction dollars. The Administration's FY18 budget proposal devotes $50.06 million to SHEP.
"Unfortunately, the current proposal will not cover all the work that could be completed in a year," said GPA chairman Jimmy Allgood. "We are working with our leaders in Washington in hopes that they will provide additional funds through the US Army Corps of Engineers' work plan."
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