SC Ports wants to dredge the Cooper River from its current 48-foot depth to handle larger ships at its North Charleston Terminal.
The larger of the two orders is for a dozen 22,000-TEU ships that the carrier said will “boost [its] competitive advantage” on routes such as the Far East to Northwest Europe.
Rates have been trending higher since the beginning of August due to the dislocation of carrier services linked to a string of storms that have disrupted operations at key ports in China.
