Industry News

Courtney Agencies Ltd. provides a weekly industry news update to its clients.

Please click here to receive this update by email.

 

 

 

 

Customs &
Trade News

Transport &
Trade News


June 08, 2017

Georgia ports break container volume record

Larger vessels and additional container services calling Georgia's ports coupled with a positive economic forecast ushered in an all-time record month for container volume.

The Georgia Ports Authority (GPA) handled 350,104 twenty-foot equivalent units (TEUs) in May, 11.68% more TEUs compared to the same month a year ago, or 36,619 additional TEUs.

"It's evident shipping lines are deploying larger vessels and cargo exchanges through the Panama Canal to Georgia's ports," said GPA Executive Director Griff Lynch. "This is a strong indicator that an important market share shift to Georgia is possible through recently restructured shipping services."

Garden City Terminal received 1,676 vessel calls between July 2016 and May 2017 of which 454 transited the expanded Panama Canal. This led to a 16% increase in throughput during that 11-month period via the Panama Canal at Garden City Terminal.

Source: GPA