Business In Savannah
It’s a springtime ritual repeated each May in Savannah and at ports around the country as Propeller Club members gather to celebrate National Maritime Day.
U.S Coast Guard Cmdr. Amy Beach was named Maritime Person of the Year. Beach will be promoted to captain June 30. (Mary Mayle/Savannah Morning News)
More people are expected to hit the roads for Memorial Day travel this weekend than have done so since 2005, according to AAA.
Visitors purchase tickets to the Tybee Island Light Station and Museum on Thursday morning. Light Station staff are expecting large crowds this Memorial Day weekend, officially kicking off the islands busy season. (Katie Nussbaum/Savannah Morning News)
The Port of Savannah was one of two big harbor deepening winners in President Donald Trump’s proposed budget for fiscal 2018, garnering more than $50 million of the $108 million the administration has proposed for harbor deepening. Georgia Ports Authority will share the total with allocation with the Port of Boston in what is close to a 50-50 split.
For more than a moment, you feel the way “Avatar” hero Jake Sully felt plunging down the side of a floating mountain and coming just close enough to a giant wave to feel the mist on your face — all while on the back of a flying banshee that then swoons and soars high above the land of Pandora. Flight of Passage, the new signature ride of Disney World’s $500 million Pandora-World of Avatar experience, has been designed to make riders feel like they are in an alien land. And it delivers.
Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm.This photo provided by Broadcom shows President and CEO Hock E. Tan. Tan received one of the top three pay raises among CEOs in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press. (Broadcom via AP)
The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That’s the biggest raise in three years.This photo combination of images shows the top 10 highest paid CEOs in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press. On top row, from left: Charter Communications CEO Thomas Rutledge; CBS CEO Leslie Moonves; Walt Disney CEO Robert Iger; Discovery Communications CEO David Zaslav; and Activision Blizzard CEO Robert Kotick. On bottom row, from left: Comcast CEO Brian Roberts; Time Warner CEO Jeffrey Bewkes; IBM CEO Virginia Rometty; Regeneron Pharmaceuticals CEO Leonard Schleifer; and Wynn Resorts CEO Stephen Wynn. (AP Photo)
The Maritime Logistics Education Taskforce has graduated its fifth class of logistics interns, partnering with four school systems and 20 business partners to give area high school students real-time experience in one of the area’s fastest-growing industries.
Maritime Logistics Education Taskforce intern Sheridan Strickland of South Effingham High School has been named the winner of the 2017 MLET Eddie Johnson Award for the intern whose work best typifies the criteria set by business partners and school administrators. Strickland, who interned with Port City Logistics, will aslo receive a cash prize of $1,000. (Photo courtesy Port City Logistics)
April was another recording setting month for the Georgia Ports Authority and officials expect the momentum to continue as the organization enters the last few weeks of the 2017 fiscal year.
During the 30 hours the COSCO Development was in dock at the Port of Savannah, six cranes moved more than 9,700 TEUs on and off the vessel. The length of four football fields and nearly 160 feet wide, the ship was the largest to ever call on the East Coast. (Georgia Port Authority / Stephen Morton)