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Georgia Ports Authority Plans 20% Expansion of Savannah Container Capacity
by Ship & Bunker News Team
Thursday April 1, 2021 The Savannah by
Garden City Terminal s berth capacity to 6 million TEU/year by
June 2023, it said in a statement on its website this week. Right now, we are moving container volumes that we did not expect to see for another four years,
Griff Lynch, executive director of the Georgia Ports Authority, said in the statement. Our employees are working very hard to ensure we continue to provide our customers with world-class service. Additionally, we are expediting capacity projects that will increase the speed and fluidity of cargo handling at the Port of Savannah.
Carnival: Billion Dollar Loss in Fourth Quarter
by Ship & Bunker News Team
Thursday January 14, 2021 Cruise giant Carnival posted a
$2.2 billion loss in its fourth quarter results ending November 30. In the same period last year, the company was in profit while in the third quarter in the current financial year it posted a However, Carnival said that it had taken aggressive actions to mitigate the situation. We are well positioned to capitalise on pent up demand and to emerge a learner, more efficient company, reinforcing our industry leading position, company president and chief executive
Aronold Donald said. 13% (equal to
19 ships) and maintaining adequate cashflow through capital markets activity.