Board approves $205M to expand capacity at Port of Savannah
SAVANNAH, Ga. (AP) — The state agency that manages the Port of Savannah will spend $205 million on projects to expand the seaport’s cargo handling capacity.
The Georgia Ports Authority approved the projects Monday while reporting its busiest February on record in Savannah, where containerized cargo traffic was up 7.2% last month compared to a year earlier.
“Right now, we are moving container volumes that we did not expect to see for another four years,” Griff Lynch, the port authority’s executive director, said in a news release.
One of the expansion projects will add room for additional containers at the port terminal, boosting its annual capacity by 650,000 cargo container units. The first of two phases is expected to open in September.
The port authority also plans a berth renovation by summer of 2023 that would allow for 1 million additional container units per year.
Cargo containers are large metal boxes used to ship goods ranging from consumer electronics to frozen chickens. Savannah, the fourth-busiest U.S. container port, handled nearly 4.5 million container units in the last fiscal year that ended June 30.