Port of Savannah attracting bigger vessels

The 8,500-twenty-foot equivalent unit (TEU) capacity vessel covers the U.S. West Coast, Far East and U.S. East Coast trade via the Suez Canal

By ·

The CMA CGM Figaro made its second call on the Port of Savannah late last week, signaling a sign of things to come.

“As one of the larger vessels calling on the U.S. East Coast, the Figaro allows American companies to better compete on a global scale by loading more exports and transporting them overseas quicker,” said port spokesmen.

The 8,500-twenty-foot equivalent unit (TEU) capacity vessel covers the U.S. West Coast, Far East and U.S. East Coast trade via the Suez Canal.

Like the neighboring ports of Charleston, and Jacksonville, Savannah is aggressively pursuing anticipated “post-Panamax” traffic that will be generated in 2014 with the widening of the Canal.

In order to more efficiently handle vessels like the Figaro, the Savannah Harbor Expansion Project (SHEP) will deepen the river from its current 42 foot depth to as much as 48 feet. This project – one of the most important and productive civil works projects in the country – will maintain and create jobs and commerce throughout the region. ?

“Making ports attractive as part of a routing option may be about focusing on responsiveness,” said Mary Burns, who heads the Port Performance Research Network, at Dalhousie University, in Nova Scotia.

In an interview with LM, she said Savannah is one of the fastest growing ports in the nation.

Georgia’s deepwater ports and inland barge terminals support more than 295,000 jobs throughout the state annually and contribute $15.5 billion in income, $61.7 billion in revenue and $2.6 billion in state and local taxes to Georgia’s economy.

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz told LM earlier this year that the GPA’strategic planning has ensured that Georgia’s deepwater ports are poised to handle the growth demands necessary to advance economic development and opportunity.
“Even during the recessionary conditions experienced during the past two years, the GPA has continued to invest for the future to ensure growth can be handled more efficiently than ever,” he said.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Exports · Imports · TEU · Trade · All Topics
Latest Whitepaper
B2B Sellers Prefer a Unified Approach for Ecommerce
A new study from Forrester Consulting, commissioned by NetSuite, found that many midmarket, B2B sellers say their ecommerce solutions have contributed to their growth in sales, new customer acquisitions and improved customer relationships.
Download Today!
From the August 2016 Issue
A growing number of low-cost lift trucks offer new avenues for pairing equipment and applications, but less cautious buyers might find that small up-front costs come at a steep price. Selecting the proper lift truck, lift truck tips 2016, Choosing the right Lift Truck
Megatrends in ocean freight
Ocean Cargo Roundtable: What’s in store for 2017?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...

Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....
Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...