• 2021 January 27 17:16

    Port of Savannah moves more than 4.6M TEUs in 2020

    The Georgia Ports Authority moved more than 4.68 million twenty-foot equivalent container units in 2020, up 1.8 percent over its 2019 total of 4.59 million. Total cargo crossing all docks in 2020 reached 38.4 million tons.

    The Port of Savannah achieved its busiest December ever last month, moving 447,525 TEUs, an increase of 24 percent, or 86,700, compared to December 2019. Total cargo crossing all docks reached 3.33 million tons last month, up 12.5 percent. Rail volumes for the month grew 16.4 percent, or approximately 10,900 TEUs, for a total of 77,230. Intermodal cargo represented 17.4 percent of December container volumes.

    During the time when manufacturers around the world were shuttering plants, Georgia exports held steady over the calendar year, at 2.3 million TEUs. Export container volumes were led by food, forest products, cotton, clay, automotive goods and chemicals. The Port of Savannah maintained a near-even trade balance of 51 percent import and 49 percent export, rare for the industry.

    Another bright spot for the calendar year was the Appalachian Regional Port. The ARP handled 59,000 TEUs in 2020, up by 25,000 or 73 percent compared to the previous year. “More customers are seeing the benefit of moving cargo by rail to the ARP, then using shorter truck routes to nearby portions of Georgia, Tennessee and Alabama,” Lynch said.

    At the Port of Savannah, growing container trade over the last five months of the year followed five consecutive months of lower volumes.

    When planning and design started for Mason Mega Rail in 2016, annual rail lifts at Garden City Terminal totaled 675,000 TEUs. Today, that number is more than 936,000, a 40 percent increase. At full build-out, Mason Mega Rail Terminal will grow Savannah’s annual rail lift capacity to 2 million TEUs per year.

    In CY2020, Memphis customers accounted for 178,000 TEUs of loaded rail cargo for the Port of Savannah, an increase of 3 percent or more than 4,800 TEUs. Memphis is GPA’s second busiest inland rail market after Atlanta.

    With Phase I of the Mason Mega Rail Terminal operational, Class I railroads CSX and Norfolk Southern are able to make cargo available for pickup in Memphis within three days of being offloaded from a vessel. Major Memphis exports crossing GPA docks include cotton, logs, chemicals and machinery, while major imports include auto parts, electronics, furniture and apparel.

    While the container trade ended the year in positive territory, the auto industry was harder hit, with both manufacturing and sales experiencing a difficult year related to the pandemic. Roll-on/Roll-off cargo totaled 602,748 units for the year at GPA, a decrease of 8 percent, or 55,000 units. However, momentum has increased in recent months, with Ro/Ro trade between August and December up 15,000 units compared to the same period in 2019. December 2020 Ro/Ro units totaled 70,266, up 22.5 percent.

    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.




2024 July 15

18:06 European Shipowners and Maritime Transport Unions launch initiative to support shipping and seafarers in the digital transition
17:35 APM Terminals Mumbai switches to 80% renewable electricity
17:05 Seaspan Shipyards welcomes the formation of the “ICE Pact”
16:41 World’s first entirely hydrogen-powered ferry welcomes passengers in San Francisco Bay
16:26 FMC issues request for additional information regarding Gemini Agreement
16:24 Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD
16:12 Pecém Complex selects Stolthaven Terminals and GES Consortium as H2V Hub green ammonia operator
15:43 Singapore's bunker sales rise 8.5% in the first half of 2024
15:27 TORM purchases eight and sells one second-hand MR vessel
14:55 Adani plans to build port in Vietnam
13:35 Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy
13:02 HD Korea Shipbuilding wins US$2.67 billion order to build 12 container carriers
12:51 Maersk introduces SH3 ocean service between China and Bangladesh
12:24 ABS to сlass two new Seatrium FPSOs for Petrobras
11:42 CSP Abu Dhabi Terminal surpasses throughput of 5 mln TEUs
11:11 Fincantieri launches the seventh PPA “Domenico Millelire” in Riva Trigoso
10:51 India's first transshipment port receives its first container ship
10:35 The “Egypt Green Hydrogen” project in SCZONE wins a contract worth € 397 million to export green fuel to Europe

2024 July 14

15:17 FMC issues request for additional information regarding Gemini agreement
13:06 Lummus and MOL Group begin engineering execution on advanced waste plastic recycling plant in Hungary
10:51 Chinese line launches new Arctic container service to Arkhangelsk
09:49 Malta PM tours Abela toured MSC World Europa officially inagurates Valletta shore power

2024 July 13

15:47 €11 million for 1-MW Dynamic Electrolyser Unit
14:11 PSA Group and Singapore mitigate impact of global supply chain disruptions
12:23 NREL: Offshore wind turbines offer path for clean hydrogen production
10:06 MMMCZCS releases a technical, environmental, and techno-economic analysis of the impacts of vessels preparation and conversion

2024 July 12

18:00 Qingdao Port International to buy oil terminal assets for $1.30 billion
17:36 Saipem signs framework agreement with bp for offshore activities in Azerbaijan
17:06 AG&P LNG and BK LNG Solution signs an agreement to bring BKLS's first LNG spot cargo into China
16:31 Allseas removes final Brent platform with historic lift
15:58 ZPMC Qidong Marine Engineering launches the world’s largest FPSO bow section for Petrobras
15:25 MSC acquires Gram Car Carriers
14:58 ABP boosts marine capability through pilot launch upgrades
14:34 Fincantieri receives ISO 31030 attestation from RINA
13:52 Second new dual-fuel fast Ro-Pax ferry to enter service for Balearia after successful sea trials
13:24 ADNOC deploys AIQ’s world-first RoboWell AI solution in offshore operations
12:59 ABS issues AIP for new gangway design from Pengrui and COSCO
11:38 Port of Long Beach data project receives $7.875 mln to speed goods delivery
11:15 ZeroNorth to provide its eBDN solution on 12 barges operated by Vitol Bunkers in Singapore
10:46 Seatrium secures customer contract agreement from Teekay Shipping for the repairs and upgrades of a fleet of vessels
10:14 Liquid Wind and Uniper enter into strategic partnership to accelerate the development of eFuels

2024 July 11

18:06 Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power
17:36 COSCO Shipping receives first 7500 CEU LNG dual-fuel PCTC
17:06 Monjasa adds two tankers and targeting West Africa’s offshore industry
16:34 Biden administration announces funding for 15 small shipyards in 12 states
16:10 Iran's Ports and Maritime Organization attracts nearly $1.7bln of investment in ports, maritime sector
15:52 The added value of Chinese port cities up to US$869.05 bln in 2023
15:25 HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
13:41 NovaAlgoma orders the world’s largest cement carrier
13:21 Steerprop selected to provide comprehensive propulsion systems for world's largest cable-laying vessel
12:41 Integrated Wartsila propulsion package supports decarbonisation and efficiency goals for James Fisher tankers
12:36 MABUX: Bunker Outlook, Week 28, 2024
12:10 Valencia Port Authority signs an agreement with C.N.E. Hydrogen and Fuel Cells to promote hydrogen research
11:41 Long Beach, Los Angeles ports partner for zero-emissions future
11:16 Iraq to establish maritime single window for major ports
10:46 James Fisher completes its largest decommissioning project to date

2024 July 10

18:00 MET Group secures long-term US LNG source from Shell
17:36 bp, Mitsui, Shell and TotalEnergies join to ADNOC’s Ruwais LNG project
17:06 HD Hyundai Samho extends a pier at its shipyard in Yeongam, South Jeolla
16:45 Panama Canal plans new $1.6bn reservoir to address water shortages
16:25 Ocean Power Technologies signs agreement with AltaSea to advance wave power projects
15:52 WinGD completes type approval testing for new short-stroke engine size
15:32 PIL has the most reliable schedule among the top 12 container lines in Q2 2024
14:56 Fincantieri celebrates the keel laying of the first ultra-luxury vessel for Four Seasons Yachts at the shipyard in Ancona
14:20 Ningbo-Zhoushan port sees 8.4% container volume growth in H1
13:43 MOL announces delivery of bulk carrier Green Winds, 2nd vessel equipped with wind challenger hard sail propulsion system
13:23 BHP, Pan Pacific Copper and Norsepower deploy wind-assisted propulsion technology on vessel that set sail this month
12:43 MEYER WERFT to build Disney Wish-сlass сruise ship for Oriental Land Company to operate in Japan
12:25 South African Maritime Safety Authority try to rescue a cargo ship that ran aground on Cape west coast
11:50 SAAM Terminals partners with Next Port AI to boost digital solutions in ports