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____________________________________________________________________________________NEWS
Georgiaˇ¦s Ports Report 30 Percent Growth in TEUs for August
Additional Personnel and More Than $100 million in Infrastructure Improvements Planned
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Brunswick, GA ˇV September 24, 2007 ˇV Doug J. Marchand, Executive Director of the Georgia Ports Authority (GPA), released tonnage and volume reports during a meeting of its board of directors today reflecting a very strong start to fiscal year 2008.

ˇ§In August we experienced total tonnage growth of 26.9 percent, or 2.1 million tons,ˇ¨ said Marchand. ˇ§This exceptional performance followed an equally strong 26.7-percent gain for July, or a total increase of 910,000 tons for the first two months of the fiscal year for Savannah and Brunswick.ˇ¨

Port of Savannah handled 236,020 Twenty-foot Equivalent Unit containers (TEUs) for August, a 30.1-percent increase and a combined 467,711 TEUs for the first two months of the fiscal year. The Authority reported 28.5-percent increase in TEUs for the fiscal year to date.

ˇ§I would like to thank the dedicated men and women of the GPA and throughout the Georgia maritime industry for their commitment and hard work as we move into peak season,ˇ¨ said Marchand. ˇ§Additional personnel, police officers and equipment have been added to the yard operation to stay ahead of the pace of growth.ˇ¨

Marchand said the Authority would bring an additional 14 Rubber Tire Gantry Cranes on-line in FY08, four ship-to-shore cranes in early 2008 and by late 2009 another four cranes at the Garden City Terminal. In addition, Marchand said the $100 plus million capital improvement plan for FY08 includes considerable infrastructure improvements, new technology upgrades and $12 million to complete Phase 1 of the Chatham Yard ICTF.

In other news:

  • The Authority reported 23.3 percent growth in bulk cargo for August and a 44 percent increase, or 143,376 additional tons in the first two months of the fiscal year. The total gain in bulk cargo was the result of strong volumes of bio-diesel products and sand in Savannah, gypsum, perlite and urea at Marine Port Terminal in Brunswick and barley, malt and peanut hulls at Colonelˇ¦s Island.
  • The Authority approved $3.85 million in funding to provide utilities and roadway access on the South Side of Colonelˇ¦s Island to support further expansion.
  • The Authority approved $2 million for the initial engineering and environmental services necessary to expedite the completion of the Jimmy DeLoach Connector, a direct truck corridor into Savannahˇ¦s Garden City Terminal.

Georgiaˇ¦s deepwater ports and inland barge terminals support more than 286,476 jobs throughout the state annually and contribute $14.9 billion in income, $55.8 billion in revenue and $2.8 billion in state and local taxes to Georgiaˇ¦s bustling economy.

For additional information, please contact Robert Morris, Director of External Affairs, at (912) 964-3855 or fax at (912) 964-3921. E-mail is available via rmorris@gaports.com. Visit the GPA web site at www.gaports.com

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