South Carolina Ports Authority reported nearly two percent
container volume growth since the Port's fiscal year began last July.
handled 167,398 twenty-foot equivalent container units (TEU) in
January. Fiscal year to date, the Port has moved 1.24 million TEUs, an
increase of 1.8 percent over the same period last year.
in global container trade continues to drive increases in the Port's
container volumes, and at the current pace SCPA is on track to achieve a
combined 12 percent growth rate over two fiscal years," said SCPA
president and CEO Jim Newsome. "We look forward to strong volumes this
spring during what will be a very busy and important time for our port.
Next week marks the arrival of two neo-Panamax cranes for the Wando
Welch Terminal as well as the beginning of construction on the
Charleston Harbor Deepening project, and in April, Inland Port Dillon
will open for business."
As measured by the total number of boxes handled, SCPA moved 94,852 pier
containers last month for a total of 700,671 containers fiscal year to date.
Port Greer handled 9,180 rail moves in January. Fiscal year to date,
the facility's volume is 4.15 percent higher than last year with 66,308
rail moves handled since July.
cargo, SCPA's Charleston breakbulk facilities handled 55,224 pier tons
in January. Since the fiscal year began, SCPA has moved 409,046 tons of
breakbulk cargo including 118,122 vehicles.
Container Terminal Capacity
SCPA Board of Directors recognized an increase in the container
capacity of the Port of Charleston's new and existing terminals
following a review of opportunities to maximize capacity utilizing
modern container handling techniques.
container terminals, Wando Welch and North Charleston, and the addition
of the three-phase Hugh K. Leatherman, Senior Terminal by 2032 will
provide a total container capacity of approximately 5 million TEUs. The
Port's previous capacity, including full build-out of the Leatherman
Terminal, was estimated at 4.2 million TEUs.
the last eight years, SCPA has grown steadily at a CAGR of 8 percent,"
Newsome said. "We believe the South Atlantic ports will continue grow
above the U.S. port market in percentage terms and that the movement of
freight will become more challenging due to issues being encountered by
the trucking industry. The Port will play an important role in
facilitating this growth through modernization of our facilities, along
with significant improvements in the South Atlantic Chassis Pool and
other key assets for the movement of freight."
capacity increase will be achieved through enhancements to existing
terminals, including the purchase of container handling equipment and
modifications to overall layout, over approximately the next two years
as well as the addition of the Leatherman Terminal.
addition to achieving further capacity at our Wando Welch and North
Charleston terminals, we look forward to timely progression of the three
phases of the Leatherman Terminal," Newsome said. "Consideration will
also be given to expansion of gate hours to handle increasing volumes
after full consultation with the local trucking community."
support of the planned optimization of existing terminal facilities,
the Board approved $19 million for the purchase of two additional
ship-to-shore (STS) cranes for the North Charleston Terminal. The Board
previously approved the purchase of six STS cranes, including five
cranes for the Leatherman Terminal and one for the Wando Terminal, in
November 2017. The Wando Terminal received two neo-Panamax cranes with
155' lift height in August 2016 and will welcome the arrival of two
additional cranes of the same height next week.