GPA okays contracts worth US$66m for yard work at Savannah port
THE Georgia Ports Authority (GPA) has authorized contracts worth US$65.6 million for container yard work at the Port of Savannah's Ocean Terminal, a 200-acre complex immediately downriver from the GPA's main container port.
The board recently authorized three project components: earth compacting to prepare the site for container stacks, the dismantling of a disused bridge pier, and preliminary utility installation behind the wharf construction. The renovation will reportedly be funded by GPA revenue bonds issued in 2022, reports London's Port Technology.
Previously approved modifications at Ocean Terminal include the procurement of eight ship-to-shore (STS) cranes, the refurbishment of the wharf structure and the building of a flyover providing direct access to US 17.
GPA president and CEO, Griff Lynch, said: "We're very pleased with the progress on improving Ocean Terminal's container handling capability. We're on track to see greater container capacity by late 2027."
When the development is completed, Ocean Terminal's yearly capacity will increase from 300,000 TEU to over 1.5 million TEU.
Mr Lynch reported to the board that GPA anticipates a third straight month of growth in March.
source:Schednet
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