South Carolina Ports Authority 2018 up 6pc to record 2.3 million TEU
THE South Carolina Ports Authority (SCPA), whose principal harbour is Charleston, posted a 6
THE South Carolina Ports Authority (SCPA), whose principal harbour is Charleston, posted a 6.4 per cent year-on-year increase in 2018 container volume growth to a record 2.3 million TEU.
This was the third consecutive calendar year of record TEU volumes for SCPA. The port moved 199,701 TEU in December, a 9.2 per cent year-on-year increase and the strongest December in SCPA history.
'January is already off to a strong start, and despite uncertainty in the trade industry we are optimistic that volumes will remain strong as we work to achieve our plans for 4.4 per cent growth in fiscal 2019,' said SCPA president and CEO Jim Newsome.
Last April SCPA celebrated the opening of a second inland location, Inland Port Dillon, and a few months later the port completed a nearly three-year effort to strengthen and modernise the Wando Welch Terminal wharf for handling new cranes and bigger ships.
Construction of the Leatherman Terminal continued, which will offer important growth capacity for the Port's container business when Phase One opens in 2021.
Work on the Charleston Harbour Deepening Project began last February, and the project was awarded US$41.4 million in the US Army Corps of Engineers Fiscal Year 19 Work Plan.