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 Economic Development News 
Monday, July 18 2016
Savannah sees first vessel through expanded Panama Canal

Photo Caption: The MOL vessel Benefactor is loaded with containers on July 13 at the Port of Savannah. The Benefactor is the first vessel to call Savannah through the expanded Panama Canal's new locks. At a capacity of 10,100 twenty-foot equivalent container units, the Benefactor is also the largest ship ever to call on the Port of Savannah. Find print quality images here. (Georgia Ports Authority/Stephen B. Morton)

The MOL Benefactor is also the highest capacity vessel to ever call at the Port of Savannah

Savannah, GA -- The MOL Benefactor is the first vessel to call on Savannah through the new locks of the expanded Panama Canal. At a capacity of 10,100 twenty-foot equivalent container units, the Benefactor is also the largest ship ever to call the Port of Savannah.
 
The massive container ship, scheduled to move over 3,000 containers at GPA's Garden City terminal, is also the first Savannah call of the G6 Alliance's new NYX service. The East Coast rotation of the new service includes the ports of New York/New Jersey, Virginia and Savannah, exclusively deploying vessels in the 10,000-TEU range. 
 
"The arrival of the MOL Benefactor today ushers in a new era of larger vessels and services that will increase capacity, volumes and economic opportunities for Georgia and this region," said Griff Lynch, GPA's Executive Director. "GPA is well-positioned to handle the larger vessels and greater volumes due to the scale and scope of our operations."   
 
With eight new neo-panamax cranes on order, GPA will have a total of 30 ship-to-shore cranes by 2018. GPA has also added 30 rubber-tired gantry cranes - used to handle containers on terminal - for a current fleet of 146 machines - the most of any single container terminal in the U.S. "Over the next six months to a year, we expect a higher ratio of 8,000- to 10,000- TEU container ships among our vessels calls. Within two years, we expect market shifts to send 12,000-TEU vessels to the U.S. East Coast," Lynch added.
 
To better accommodate the larger vessels via water, the Savannah Harbor Expansion Project (SHEP) will deepen the inner harbor to 47 feet and the outer harbor to 49 feet at mean low water.  The outer portion of the harbor is now 15 percent complete with work progressing daily.
 
The Benefactor's next stop is Manzanillo International Terminal in Panama.

Find print-quality images of port operations here. Georgia's deepwater ports and inland barge terminals support more than 369,000 jobs throughout the state annually and contribute $20.4 billion in income, $84.1 billion in revenue and $2.3 billion in state and local taxes to Georgia's economy. The Port of Savannah handled 8.2 percent of the U.S. containerized cargo volume and 10.3 percent of all U.S. containerized exports in CY2015.

For more information, contact GPA's Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com. Visit the GPA web site at www.gaports.com

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:54 am   |  Permalink   |  Email

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