The Georgia Port Authorities have delineated record volumes of 3.9 million TEUs by the end of their financial year for the period of July 2020 to March 2021. The numbers were disclosed at GFTC (Georgia Foreign Trade Conference). At this conference, the port officials enumerated a complete plan to accelerate more than 1.4 million twenty-foot equivalent containers for handling the annual increasing throughput at the Savannah Port.
Addressing the opening session of GFTC, Brian Kemp stated that, Ports being one of the most crucial assets for economic development and increases employment opportunities for the communities in the corners of Peach State. He further quoted,
“Expansion of both capacity and capability at the Port of Savannah will help fuel our continued economic recovery, which is excellent news for hardworking Georgians employed across a wide range of industries.”
The expansion will comprise of including Peak Capacity Project, which will add 650,000 TEUs for the annual container yard capacity in two phases at Garden City Terminal, the first phase will be launched in the next five months.
GPA’s Executive Director Griff Lynch stated that he is proud on how the team has handled exceptional cargo volumes along with long term capacity strengthening that prevailed only on paper and now executing it into a fully funded project that will begin this September. The GPA purchased 92 acres of land near the Mason Mega Rail Terminal to improve connectivity and transportation. Nearly 750,000 TEU capacity can be handled once the construction is complete.
GPA has already begun with the construction to straighten a bend at Berth 1 of Garden City Terminal, which will enable the port to serve 16,000 TEU vessels along with three additional ships. The Georgia Ports Authority, during the financial year 2020, the Savannah Port handled 9.3% of total U.S cargo volume along with 10.5% of U.S container exports.