Busy Georgia port may lose race for deepened channel with Panama Canal
The Port of Savannah is falling behind in the race to deepen its busy shipping channel by the end of 2014, when cargo ships too large to navigate the Savannah River are expected to begin passing through the Panama Canal.
The Georgia Ports Authority's executive director said that a two year delay in a final government study on the $588 million project most likely means the long-sought Savannah harbor expansion won't get done until 2015.
Port officials fear that if the project falls too far behind, companies importing and exporting goods through Savannah – the nation's fourth busiest seaport – will start going elsewhere.
Original source: Associated Press