Monday, 9 August 2010

Charleston Container Rise 34 percent in June

Maritime News
August 9, 2010 10:54
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Charleston Container Rise 34 percent in June

Container volume at the Port of Charleston jumped almost 34 percent in June over the previous year, the fourth straight month of double-digit increases, the South Carolina State Ports Authority said Thursday.

Buoyed by new shipping services and major new investments in the area,
container volume increased 19 percent during the first six months of
2010 over the same period a year ago. But this was not enough to lift
volume in the period above that of the previous year for the port’s full
fiscal year ending June 30.

In the 12 months ending June 30, Charleston handled 741,208 pier containers, 5.2 percent below the levels in fiscal 2009.

The SCSPA also said the U.S. Army Corps of Engineers has concluded its
reconnaissance study for a Charleston Harbor the port authority says is
important for its future handling prospects.

The study determined a federal interest in proceeding to the next step
in the process – the feasibility phase – to further define time and
costs associated with deepening Charleston’s channels beyond 45 feet.

Contributing to the recent volume gains, Charleston added three new
shipping services in fiscal 2010, including Mediterranean Shipping
Company’s Golden Gate Service. The GGS, which had its first local call
in February, is bringing ships of more than 8,000 20-foot equivalent
units to the port on a regular basis.

“The port is handling the biggest ships on the East Coast today while
working toward even deeper channels that will secure our state’s future
in global trade,” said Jim Newsome, SCSPA president and CEO.

The SCSPA is projecting a 7 percent increase in container volume and a
better than 50 percent increase in breakbulk and non-container cargo in
the fiscal year that began July 1.

Source:? Journal of Commerce

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