Bunge to coordinate ag shipments at Port of Brunswick
September 26, 2007
by Eric Schroeder
ST. LOUIS — Bunge North America announced it has signed a cargo-handling agreement with the Georgia Ports Authority to coordinate shipments of all agriculture products through the Port of Brunswick’s Colonel’s Island Terminal, one of the largest deepwater agri-bulk operations in the U.S. South Atlantic.
The terminal, which is capable of handling grains, oilseeds and byproducts, is served by the CSX Transportation and Norfolk Southern railroads and has truck access. Brunswick maintains a harbor depth of 36 feet at mean low water enabling the handling of Panamax-class vessels.
"With Bunge North America’s growing business in Central and Latin America, we need additional export capacity to serve our customers in the area and the Port of Brunswick is an ideal location with a state-of-the-art facility," said Bailey Ragan, vice-president and general manager, Bunge Grain. "This agreement also enables Bunge to expand our origination network along the East coast and to work with the strong local farm community."
Under the terms of the multi-year agreement, Bunge will coordinate the shipments of all agriculture products through the Port of Brunswick, which will continue to be owned and operated by the Georgia Ports Authority. Financial terms of the agreement were not released.