Subscribe to our free, weekly email newsletter!


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 Patrick Burnson, Executive Editor
December 13, 2010

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

image
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 .(JavaScript must be enabled to view this email address).


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!

Recent Entries

FTR says both spot rates and contract rates are heading up in a full capacity environment and with the fall shipping season rapidly approaching, it explained conditions for shippers could further deteriorate.

Read how others are using Business Process Management to achieve ERP success with Microsoft Dynamics AX. Download the free white paper now.

Now that Congress has issued another highway funding Band-Aid – a $10.9 billion highway bill through next May that former Transportation Secretary Ray LaHood blasted as “totally inadequate” – what can we expect as the infamously do-nothing 113th Congress winds down in the next month before taking yet another recess to prep for the mid-term elections?

Seasonally-adjusted (SA) for-hire truck tonnage in July headed up 1.3 percent on the heels of a 0.8 percent increase in June. The ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, was 133.3 in July, which outpaced June’s 132.3 by 0.8 percent, and was up 2.8 percent annually.

Volumes for the month of July at the Port of Long Beach (POLB) and the Port of Los Angeles (POLA) were mixed, according to data recently issued by the ports. Unlike May and June, which saw higher than usual seasonal volumes, due to the West Coast port labor situation, July was down as retailers had completed filling inventories for back-to-school shopping.

Article Topics

News · Trade · Exports · TEU · Imports · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA