• 2020 October 25 11:04

    GPA holds first virtual State of the Port

    In its first-ever virtual State of the Port Address, co-hosts Griff Lynch and Will McKnight took the Georgia Ports Authority’s online audience for an on-terminal view of infrastructure advancements the Authority is making to accommodate record container growth. Lynch, GPA executive director, also highlighted nearly 9 million square feet of industrial construction now under way in Savannah’s private market.

    “We appreciate the decisions of cargo owners to place their trust in Georgia. As our economy recovers, customers continue to be attracted by Savannah’s strong fundamentals – including the people who make our ports work,” Lynch said. “I want to thank our GPA employees, the International Longshoremen’s Association and our many partners across the logistics industry for their dedication to service.”

    In the first quarter of Fiscal Year 2021 (July-September), the Port of Savannah handled 1.2 million twenty-foot equivalent container units, an increase of 1.6 percent or 19,663 TEUs. The port set a monthly record in September, growing TEUs by 11.4 percent, or 42,140, for a total of 412,148 TEUs in September.

    According to Cushman Wakefield, the Savannah market comprises 79 million square feet of industrial space. Another 8.7 million square feet are under construction, for an 11 percent increase in inventory. Lynch noted there is enough land permitted for private development to accommodate another 130 million square feet of distribution center space within 30 miles of the port – nearly twice the area’s current industrial space.

    In a recorded statement, Georgia Gov. Brian Kemp said private development projects delivering thousands of jobs and millions of square feet of industrial space mean the long-term outlook for Georgia’s ports is strong. “Over the past year, our nation has faced unprecedented challenges that have impacted our daily lives and our economy. We’ve had to rethink how we handle the logistics of healthcare, retail, manufacturing – and the global trade that supports these endeavors,” Kemp said. “Through it all, our ports have remained steady, keeping cargo moving, attracting investment, and building market share.”

    Kemp said that as the nation’s top export gateway, the Port of Savannah provides the cost-effective connections Georgia farmers, manufacturers and other exporters need to compete globally.

    During the live portion of the virtual State of the Port, Lynch announced a 1.2 million square foot facility in Bryan County to be built by medical goods provider Medline Industries. Construction is expected to be complete in late 2021, with FedEx leasing 415,000 square feet to provide e-commerce capabilities.

    Will McKnight, chairman of the GPA board and co-host during the virtual State of the Port, said helping to bring new business to Georgia is part of GPA’s central mission – and a main reason the Authority is stepping up its capacity. “We’re making strategic expansions to ensure cargo fluidity as Savannah’s container trade increases,” McKnight said. “Our long-term infrastructure investments ensure GPA is ready when our customers are ready to grow.”

    Ongoing infrastructure improvements include:

    • Savannah Harbor Expansion Project. Deepening the harbor to 47 feet at low tide is now 75 percent finished, with completion expected in late 2021.
    • Mason Mega Rail Terminal will double the Port of Savannah’s annual rail capacity to 2 million TEUs. Nine new working tracks have been commissioned, with another nine slated for completion in 2021.
    • Expanding container handling capabilities at Ocean Terminal to serve smaller ships while berth renovations are ongoing at Garden City. This project will be completed by the end of 2020.
    • Straightening Berth 1 to allow Garden City Terminal to dock four 15,000+ TEU vessels and three additional vessels simultaneously. The project will take approximately two years.
    • Expanding container storage onto 145 acres recently added to the now 1,345-acre Garden City Terminal.

    ECONOMIC DEVELOPMENT

    Special guest Pat Wilson, commissioner of the Georgia Department of Economic Development, said the state has maintained powerful momentum in attracting new business. “We have more projects than we have probably ever had. Businesses are making decisions. This is not a true recession in the sense of there was a decline in need, it’s just that the world shut down,” Wilson said. “Businesses are taking this opportunity to make investments to continue to grow, and they’re planning for the future, for when we come back.”

    In FY2020, the state of Georgia won projects bringing $7.4 billion and 24,000 jobs, across sectors including manufacturing, logistics and technology. In Chatham, Effingham and Bryan counties alone, private investors announced more than half a billion dollars in industrial projects and more than 1,200 jobs just last fiscal year.

    Recent economic development announcements include:

    • FedEx is taking 415,000 square feet in a brand new, 1.2 million square-foot facility in Bryan County being built by medical goods provider Medline. Construction is scheduled for completion in the fourth quarter of 2021.
    • Hooker Furniture, HMI, will open a new 800,000 square-foot distribution facility in Liberty County’s Tradeport East Business Center. The $23.5 million investment will deliver 50 new jobs.
    • MSI Tile plans a 675,000 square-foot distribution center in Chatham County. MSI projects it will bring 20,000 TEUs of new business to the Port of Savannah annually, and provide 225 jobs.
    • Logistics provider World Shipping is opening a 280,000 square-foot facility in Savannah in November.
    • Georgia Exports Company has established a location 1.5 miles from the Appalachian Regional Port in Murray County, where it will load logs into containers for export. GEC is expected to export more than 28,000 TEUs annually.
    • Huali Floors is establishing its first U.S. headquarters and manufacturing facility in Murray County. The $27 million project will create 315 new jobs.
    • McKnight said by taking the State of the Port address online, GPA is able to share Savannah’s competitive advantages with a broader audience.

    “We have been able to reach out to thousands more people than we ever have before,” McKnight said. “It’s exciting to have the opportunity to virtually bring our stakeholders and customers onto a working port.”

    Georgia’s deepwater ports and inland barge terminals support more than 496,700 jobs throughout the state annually and contribute $29 billion in income, $122 billion in revenue and $3.4 billion in state and local taxes to Georgia’s economy. The Port of Savannah handled 9.3 percent of total U.S. containerized cargo volume and 10.5 percent of all U.S. containerized exports in FY2020.


2020 December 4

20:37 Jan De Nul starts construction of its 5,000 tonnes crane vessel Les Alizés
18:36 RORO carrier continues liner services after fast steel repairs at Niestern Sander
18:20 Sea Port of Saint-Petersburg launches unified platform for data exchange with Russian Railways
18:06 Ørsted completes the construction of the largest in the Netherlands offshore wind farm
17:46 BIMCO: EU ship recycling regime improved but gaps remain
17:26 Hapag-Lloyd announces PSS from Far East to North Europe and Mediterranean
17:04 Zvezda Shipyard lays down shuttle tanker of ARC6 class
16:52 Lloyd's Register to acquire C-MAP Commercial from Navico Group
16:35 WDP builds multimodal mega-distribution centre in North Sea Port
16:05 Volkswagen powers car freighters with used oil from restaurants
15:24 Marvesa and Koole Terminals sign an agreement to build and use a new tank storage terminal in the Port of Rotterdam
15:09 Cargo traffic within Azov-Don Basin of Russia’s IWWs grew by 7.6% in 2020
14:11 CMA CGM announces FAK rates from North Europe to Kenya and Tanzania
13:45 Nefteflot lays down third cruise ship of Project PV20S
13:13 The Finnish Financial Supervisory Authority approves the merger prospectus concerning the combination of Cargotec nd Konecranes
12:24 Kapitan Metsayk icebreaker arrives at Azov seaport
12:01 Austal Australia launches first of two cape class patrol boats for Trinidad and Tobago Coast Guard
11:40 Klaipėdos Nafta joins Lithuanian hydrogen platform
11:19 Bunker prices started decreasing at the Port of Saint-Petersburg, Russia (graph)
11:18 Odfjell SE agrees to acquire Lindsay Goldberg’s stake in Korea terminal
11:09 CMA CGM announces THC for import / export Finland, Sweden, Spain, Italy, Belfast (UK)
10:55 MABUX: Bunker market this morning, Dec.04
10:49 Port of Long Beach prioritizes dual transactions
10:37 NSR cargo traffic grew by 4.2% in 11M’2020
10:00 Online discussion of China’s inland shipping experience to continue on December 9 at joint PortNews/MEB webinar
09:26 Oil prices rise following OPEC+ meeting
09:14 Baltic Dry Index as of December 3

2020 December 3

18:31 ABS, Hyundai Heavy Industries Group and the Marshall Islands Registry JDP creates coating needing just one application
18:11 Lotos shipyard lays down two more dredgers of Project 93.159
18:03 Torqeedo powers Thailands first electric passenger ferry fleet
17:28 Krasnoye Sormovo shipyard delivers dry cargo carrier Alfa Mercury
17:06 Wärtsilä signs 5-year agreement with LMM for the main engines for two VLGCs
17:02 Bunker Weekly Outlook, Dec 03, 2020
16:50 The 1st Hackathon dedicated to innovation in the port sector in Morocco launches from December 18 to January 29
16:37 Timber and forestry products account for 24% of Riga port’s total turnover
16:05 Cargotec’s Board of Directors has decided to initiate a sales process for Navis software business
15:59 Rosatom to establish Marine Operations Headquarters for NSR
15:34 Port of Antwerp tightens regulations regarding byloads inside second-hand vehicles
15:22 Operation of unmanned navigation test basin on Neva river to continue next season
15:04 Maersk Tankers adds four Xihe-owned tankers to its pools
14:24 Equinor and SINTEF enter into a strategic collaboration agreement
14:02 Investment reaps rewards for Pilbara’s ports
13:40 Bunker market sees mixed price movements in the Far East ports of Russia (graph)
13:02 Trafigura becomes a major investor in green hydrogen with H2 Energy
12:34 RF Government drafted decree on providing state support to construction of large-capacity ships
12:01 Busiest month for Port of King’s Lynn in five years
11:55 The study by HTC identifies almost 30 measures that can lead to a reduction in CO2 emissions in the Port of Hamburg
11:29 AS Tallink Grupp published its tatistics for November 2020
11:00 BW LPG enters into agreements to sell two vessels
10:35 Ships of RF Navy's Pacific Fleet completed their visit to Sri Lanka
10:10 Rosmorport takes delivery of self-propelled hopper barge Morskaya
10:02 Soren Toft arrives at MSC as Chief Executive Officer
09:48 MABUX: Bunker market this morning, Dec.03
09:29 Oil prices are slightly down
09:16 Baltic Dry Index as of December 2

2020 December 2

18:37 Rolls-Royce acquires leading supplier of ship control systems Servowatch
18:05 Aker and MAN sign agreement to develop energy-efficient compression solutions for carbon capture and storage applications with heat recovery
17:53 Cargo traffic within Azov-Don Basin of Russia’s IWWs grew by 7% in 11M’20
17:20 Fincantieri finalizes new generation of thrusters
17:15 Hapag-Lloyd announces rates from East Asia (incl. Japan) to North Europe and Mediterranean