After years being bandied about, a planned $3 billion container terminal on the Georgia-South Carolina border took a major step forward last week when the US Army Corps of Engineers formally began its review of the project.
South Carolina Ports Authority
18 Nov 2015
Container volume at the Port of Charleston rose just 3.8 percent in October, reflecting the “more modest growth” the South Carolina Ports Authority forecast now that gridlock on the U.S. West Coast has cleared.
16 Nov 2015
The development of Jasper Ocean Terminal made some headway Monday after the Georgia and South Carolina port authorities agreed to a framework for the long-discussed but still unrealized marine terminal on the states’ shared border.
21 Oct 2015
The Port of Charleston’s September volume of full 20-foot-equivalent units rose 10.1 percent year-over-year, reflecting what South Carolina Ports Authority CEO Jim Newsome described as “broad-based strength across all market segments.”
14 Oct 2015
Two financial ratings services have affirmed their debt ratings for the South Carolina Ports Authority, which is preparing to issue $290 million in revenue bonds for container terminal upgrades and other capital projects.
16 Sep 2015
astman Chemical is avoiding hundreds of 300-mile round truck trips a month to the Port of Charleston by loading them at the inland port in Greer, South Carolina.
15 Sep 2015
The head of one of the fastest-growing ports said the days of U.S. ports gateways unwilling or unable to invest hundreds of millions of dollars in infrastructure to become a top 10 port are limited. Without major investments in deeper harbors, larger terminals, taller cranes and extensive rail and highway infrastructure, ports will literally miss the boat in the era of big ships, said Jim Newsome, president and CEO of the South Carolina Ports Authority.
14 Sep 2015
The Army Corps of Engineers declared the Port of Charleston's deepening project to be economically and environmentally feasible on Monday, clearing the way to the project to move ahead pending the securing of needed federal and state funding.
19 Aug 2015
The South Carolina Ports Authority doubled its operating profit during its just-ended fiscal year, and opened its current fiscal year in July with an 11.6 percent increase in loaded container volume.
25 Jun 2015
The plan to deepen Charleston’s harbor to accommodate the latest and largest container ships calling the U.S. East Coast received a key vote of approval.
17 Jun 2015
The South Carolina Ports Authority handled record container volume in May and approved $165.5 million in capital spending on new and expanded facilities during its fiscal year that begins July 1.
15 Apr 2015
The Port of Charleston posted a 6.8 percent year-over-year increase in loaded 20-foot-equivalent-unit containers and a 13.7 percent rise in total loaded and empty TEUs during March.