The Georgia Ports Authority unveiled a plan Tuesday to expand the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024. The plan, called the Big Berth/Big Ship program, was unveiled by Georgia Ports Authority Executive Director Griff Lynch speaking at the Georgia Foreign Trade Conference. "No other single container terminal in North America has the … [Read more...]
Port of Savannah Handled a Record 4.2 Million TEU in FY 2018
The Port of Savannah handled record 4.2 million twent-foot equivalent containers (TEU) in its 2018 fiscal year for an impressive 8.4% increase year-over-year, Georgia Port Authority reported Monday. The figure marks a new record the port and the first time in its history that it has handled more than 4 million TEU in a single year, ranking it the second busiest on the U.S. … [Read more...]
Port of Virginia’s Harbor Deepening Project Gets Final Federal Approval
The project to make the Port of Virginia "wider, deeper and safer" has taken a critical step forward after receiving final approval for the project from the U.S. Army Corps of Engineers. The Army Corps’ Chief of Engineers’ Report, issued Tuesday, is the final federal review of the project and clears the way for the deepening and widening of the commercial … [Read more...]
U.S. East Coast Dockworkers Agree to New Six-Year Master Contract After ‘Tough’ Negotiations
By Alexander Whiteman (The Loadstar) - Shippers are breathing a sigh of relief after US east and Gulf coast dock workers reached “tentative” agreement on a new six-year master contract, following years of tough negotiations. The International Longshoremen’s Association (ILA) announced the news yesterday, adding that the agreement with the US Maritime Alliance (USMX) now … [Read more...]
As Trump Talks of Trade Losses, China is a Win for U.S. East Coast Ports
By Howard Schneider CHARLESTON, S.C., May 31 (Reuters) - For America's fastest growing East Coast ports, trade with China equals billions of dollars of investment and thousands of well-paid jobs in the heart of Trump country and not, as the president portrays it, the death knell for America's middle class. At Atlantic ports in the southern United States, harbor channels are … [Read more...]