USA: GPA Achieves Strong Growth

The Georgia Ports Authority has moved more than 2 million twenty-foot equivalent container units (TEUs) so far this fiscal year (July-February), for an increase of 6.2 percent or an additional 119,318 TEUs.

The strong growth experienced throughout our business sectors this fiscal year demonstrates the resilience and strength of the Southeast market, and a positive return on the continued investments in Georgia’s ports, rail, roads and logistical supply chain,” GPA Executive Director Curtis Foltz said.

Foltz said he expects similar growth through the final quarter of the fiscal year.

In total, the GPA moved 19.2 million tons of cargo in the fiscal year to date, an increase of 7.6 percent, or 1.3 million tons. Growth across major cargo sectors contributed to the improvement.

Foltz also reported that the FY2015 state budget approved by the Georgia General Assembly includes an additional $35 million in state funds for the Savannah Harbor Expansion Project. This funding, initially proposed by Gov. Nathan Deal, brings the state allocation to $266 million, fulfilling Georgia’s portion of the total project costs estimated at $652 million.

“Georgia stands ready to begin the harbor deepening, and we are working with the U.S. Army Corps of Engineers to complete all pre-construction activities allowed,” said GPA Board Chairman Robert Jepson. “The GPA and the Corps of Engineers have a draft cost-sharing agreement ready to sign as soon as Congress passes the Water Resource Development Act – a measure which will update the budget amount to the current estimate of $652 million.”

Press Release, March 24, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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