Tuesday, July 22, 2014

South Carolina ports post 8 percent container growth for FY2014

The South Carolina Ports Authority reported 8 percent container growth for fiscal year 2014 — 2 percent higher than expected.

"The implementation of our strategic plan is paying off, and the large capital investments committed to port infrastructure by the state of South Carolina and Ports Authority are yielding great dividends," said SCPA president and CEO Jim Newsome. "Significant capital investment by major port users has also positively impacted volumes."

The SCPA handled 149,183 TEUs in June, up 19 percent from year-over-year. For the total fiscal year July 2013 through June 2014, the SCPA moved 1,684,907 TEUs.

The SCPA handled 83,399 pier tons in non-containerized cargo in June for a total of 763,230 pier tons during the fiscal year in Charleston, 3.6 percent more than projected.

"I'm extremely proud of our strong fiscal year performance," said Bill Stern, SCPA board chairman. "We have a strong board, talented and visionary CEO and senior staff, and support from a productive maritime community."


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