The Georgia Ports Authority (GPA) has greenlit contracts worth $65.6 million to enhance the container yard at Savannah’s Ocean Terminal, a move poised to significantly boost the port’s container handling capabilities. GPA President and CEO Griff Lynch expressed satisfaction with the progress, aiming to increase container capacity by late 2027. This investment will prepare the site for container stacks, remove a former bridge pier, and install preliminary utilities, with funding from 2022 revenue bonds.
This expansion is part of a series of upgrades, including eight new ship-to-shore cranes and a direct access overpass to US 17, ultimately expanding the terminal’s capacity from 300,000 to over 1.5 million Twenty-Foot Equivalent Units (TEUs) annually. This strategic investment underscores GPA’s commitment to supporting trade growth and providing world-class service as demand for port services rises.
The board also approved nearly $83 million in federal funding for harbor improvements and maintenance dredging at both the Brunswick and Savannah harbors. Additionally, a $44.5 million project is underway to double the size of the U.S. Customs inspection facility at the Port of Savannah, enhancing federal inspection capabilities.
These developments reflect GPA’s broader $4.2 billion investment plan over the next decade to expand cargo handling capabilities, demonstrating a strong commitment to future-proofing Georgia’s ports against evolving supply chain requirements.
Credits:
- Georgia Ports Authority, “GPA Board approves $65M for Ocean Terminal”, Georgia Ports Authority Article.
