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
Case Study: LEAN Yields Big Results
Every day, companies across a wide range of industries use LEAN in their supply chains, warehouses and distribution centers, finance departments, and customer service centers, among other areas. LEAN practices improve safety, quality, and productivity by extracting cost and waste from all facets of an operation – from the procurement of raw materials to the shipment of finished goods.
Download Today!
From the October 2016 Issue
Over the past decade we’ve seen a major trend in regards to safety regulations for freight transport within the United States as well as for import and export shippers—that trend is the “international­ization” of rules and regulations.
European Logistics Update: Post-Brexit U.K. moving ahead, but in which direction?
Badcock Home Furniture &more: Out with paper, in with Cloud TMS
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
How API Technology Connects the Transportation Economy
Dynamic decision making is made possible through accurate, actionable data. When combined with progress in data science and the Internet of Things, technology companies that add value to direct-to-carrier APIs and combine them with high-power data analytics will create new concepts for the information economy.
Register Today!
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...

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...