Box volumes in April at the Port of Savannah increased by 25.8% year on year to 335,337 teu: a new monthly record for America’s fourth-largest container port.
Savannah’s previous monthly record of 333,058 teu was recorded in March.
Georgia Port Authority (GPA) executive director Curtis Foltz attributed the port’s growing volumes “on GPA’s ability to handle large volume increases with no congestion”.
Related news:Early surge for Savannah box business
Foltz told IHS Maritime earlier this year that Savannah had benefitted from cargo diverted from congestion that had been building up on the US West Coast.
But reliable service and fast throughput are driving double-digit, year-on-year container growth at Savannah, as well as breakbulk cargo growth at GPA’s Port of Brunswick, Foltz said.
GPA on 18 May approved USD141.8 million in port improvements, including USD16.5 million towards the purchase of four new super post-Panamax gantry cranes that will cost a total of USD48.19 million.
A GPA board member said the investments support GPA’s policy to maintain capacity to at least 20% above demand.
This post was sourced from IHS Maritime 360: View the original article here.
