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Ambition is rewarded by Savannah's record-breaking rise.

Europe Intelligence Wire

| November 21, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Lloyds List)

IN LATE October, the port of Savannah announced that it had handled 390,936 teu in the first three months of its 2004 fiscal year, which ended September 30.

It was a record, representing a 10.6% increase on the same period last year, but there was nothing particularly unusual about that.

Savannah has been not simply breaking but shattering container throughput records on a regular basis for a number of years.

And, as Doug Marchand, executive director at the Georgia Ports Authority, describes it, there is no sign of its relentless growth slowing any time soon.

Indeed, the latest quarterly figures followed another record year in fiscal 2003, with container volumes soaring by 31.5% or 360,222 teu to 1.505.278 teu for the year.

Savannah already laid claim to being the fastest growing leading …

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