Georgia, Virginia ports sign gateway terminal agreement

April 24 2017 Print This Article
Port authorities in Virginia and Georgia have been allowed to engage in discussions about a variety of commercial and operational topics as a result of the Federal Maritime Commission recently voting to allow the East Coast Port Gateway Terminal Agreement to go into effect. The Virginia Port Authority and the Georgia Ports Authority had filed their agreement with the Commission on February 24, 2017. It became effective on April 10. Under the terms of the agreement, the port authorities will be able to discuss matters related to joint marketing; the acquisition, utilisation, and best practices relating to operating systems and equipment; cargo handling practices and terminal operations; and optimising service offerings to ocean carriers. The agreement does not permit the two port authorities to jointly negotiate, set, and approve terminal rates or charges.The East Coast Gateway Terminal Agreement is the latest example of port authorities and MTOs looking to the Shipping Act and the Commission's agreement authority as a way to improve service and operations which will ultimately benefit the American shipper and consumer, said Acting Chairman, Mr Michael Khouri. The ocean transportation services sector is a dynamic and competitive business where the market place drives innovation. The port authorities in Virginia and Georgia are responding to a changing industry.