South Carolina Ports 2012 Business Up 10%

Press Release
Tuesday, January 15, 2013

The South Carolina Ports Authority (SCPA) closed a year marked by new carrier services, inland port development & Charleston harbor deepening project.

In results announced at the SCPA's regular meeting, container volume in Charleston was up 9.6 percent in calendar year 2012, with 1.5 million 20-foot equivalent units (TEUs) handled at the port's two container terminals. Volume was up 13 percent in December compared to the same month last year, with 124,120 TEUs traded across the docks. Charleston also was the fastest-growing East Coast container port January through November, the latest month of volume data available from competing ports.

"These results are encouraging and a testament to the professionalism of our staff and the entire maritime community," said Jim Newsome, president and CEO of the SCPA.
"However, we have very ambitious goals and a $1.3-billion capital plan to implement in this decade, so we must continue to grow above the market."
 
Midway through the fiscal year that began July 1, container traffic had grown nearly 12 percent on the strength of loaded exports and the performance of new carrier services that have expanded Charleston's reach to foreign markets, such as Vietnam and Australia.

Newsome also highlighted progress on key initiatives, including the South Carolina Inland Port, which has been met with "incredible interest" from both existing and prospective port users, he stated. He also predicted that the SCPA's ocean carrier customers will continue to emphasize big ship deployments in 2013, and that Charleston is at a distinct advantage given the port's deep shipping channels and role in handling heavier shipments from the export-rich Southeast.

"As we continue the momentum on our next harbor deepening project, I expect further growth from our port in exports, especially as we further develop transloading facilities and our state's intermodal rail network," Newsome added.

 


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Ports

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Finance

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1068 sec (9 req/sec)