The Georgia Ports Authority (GPA)’s overall trade with India has grown faster than its trade with any other country among the top 20 over the past fiscal year.
No other US port expanded India trade by more containers than the Port of Savannah, by a margin of 14,000 TEU, according to PIERS-Enterprise loaded cargo data.
Griff Lynch, GPA President and CEO, said: “Our growth trajectory with India is extremely strong and we are actively taking steps to increase our presence in the market.
“As production shifts to India and as demand in its economy rises, that trade increasingly favours the Port of Savannah’s strategic location over West Coast ports, due to time and cost.”
READ: Port of Savannah suffers month to month container drop
Import-export volumes between Savannah and India totalled 279,149 TEU last fiscal year, for an increase of 18 per cent or 43,333 TEU.
GPA exports to India increased by 50 per cent in FY23 compared to FY22, and by roughly 80 per cent during the previous five years.
Overall GPA commerce with the South Asian country increased by 18 per cent last fiscal year and 61 per cent over the previous five years.
Five months later, the Port of Savannah acquired four Super Post-Panamax ship-to-shore (STS) cranes from Konecranes, increasing the crane fleet at Garden City Terminal to 34 units.
