16-08-2017

Savannah's January-July volume increases 10.8pc to 2.33 million TEU

Georgia

THE Georgia Ports Authority handled 2.33 million TEU in the first seven months of the calendar year, representing a year-on-year increase of 10.8 per cent, or an additional 230,000 TEU. 

"It is through the incredible efficiency and productivity of GPA employees and the International Longshoremen's Association - as well as the continued commitment of shippers and customers - that these record volumes are possible," said GPA executive director Griff Lynch in a statement. 

"Georgia's renewed investments, strong support from Governor Nathan Deal and state leaders, and superior logistics are encouraging customers to bring more business here." 

In what was its busiest July ever, the Port of Savannah handled 336,000 TEU, up 6.8 per cent to 21,385 TEU year on year. 

"Our July performance underscores the value of our deepwater ports to the nation's economy," said GPA board chairman Jimmy Allgood. "Our terminals support the exports of our farms and factories, supply components for domestic manufacturing, and ensure the efficiency of retail commerce." 

Year to date, total tonnage crossing GPA docks grew by 13 per cent, or 2.37 million tons, to reach 20.67 million tons. In July alone, breakbulk cargo rose by 12.3 per cent for a total of 232,390 tons - due in part to strong performances in Savannah and Brunswick for bulk and breakbulk commodities. 

Lumber handled at Savannah's Ocean Terminal more than doubled in July, from 2,366 tons in July 2016 to 7,702 tons last month. A strengthening construction industry has improved demand for lumber, with single-family housing starts increasing by seven per cent during the first quarter of 2017 and multi-family housing up by nine per cent, according to the US Census Bureau.

Source: Schednet 

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