Georgia Ports Authority box traffic hits high of 3.85 m TEU in FY2017
The Georgia Port Authority (GPA) handled an all-time high of 3.85 million Twenty Foot Equivalent Unit (TEU) in its fiscal year 2017, which ended on June 30, representing an increase of 6.7% over FY2016.
Container throughput in June also set a new record, up 17% at 337,710 TEU. A record total of 33.4 million tonnes (mt) of cargo moved across the GPA's terminals, up 8.3% year on year.
The increase in container volumes has led the GPA board to approve a US$72.75 million purchase of six more Neopanamax ship-to-shore cranes. The cranes are scheduled for delivery in 2020, and are in addition to an earlier order of four cranes that will be operational in June 2018, said GPA.
"Shipping lines are moving 13,000- and 14,000-TEU vessels into service on the east coast more quickly than anticipated, and concentrating their deliveries at efficient gateway ports like Savannah. This new crane purchase, along with the four already on order, will enable GPA to increase crane capacity by nearly 40%,” said GPA executive director Griff Lynch.
Tag Keyword: Georgia Port Authority , Container Throughput , Cargo , Terminals