7 stories
According to the results of a study released today, the South Carolina Ports Authority (SCPA) generates $53 billion statewide and $6.3 billion in annual economic activity in the Lowcountry region. The report highlights SCPA’s role as an economic driver and key competitive advantage for South Carolina. “The Port is our state’s most strategic asset,” said […]
On the heels of announcing five-year plans for growth, investment and cargo base expansion at the State of the Port, South Carolina Ports Authority (SCPA) reported a 4 percent increase in August container volumes over the same month last year. SCPA handled 170,528 twenty-foot equivalent units (TEUs) in August. With 345,751 TEUs moved during the […]
Sustaining above-market container volume growth, achieving the deepest harbor on the East Coast, investing in infrastructure and expanding its cargo base topped the list of South Carolina Ports Authority (SCPA) five-year initiatives highlighted today at the State of the Port. SC Port Authority president and CEO Jim Newsome reflected on the volume and revenue gains […]
Today SC Ports Authority reported 2015 fiscal year-end operating earnings of $30.4 million and revenues of $196.8 million, significant increases over the previous year’s financial performance. From July through June, SCPA more than doubled its previous fiscal year’s operating earnings of $14.3 million, while operating revenues increased 20 percent over FY2014 revenues of $32.6 million. […]
Today the South Carolina Ports Authority (SCPA), Representative Jim Merrill and Senator Larry Grooms announced the completion of a lease agreement granting oversight of a 50-acre land parcel on Daniel Island to the South Carolina Department of Parks, Recreation and Tourism (SCPRT) for public benefit. The 99-year lease fulfills a state budget proviso requiring the […]
SC Ports Authority handled nearly 15 percent more pier containers fiscal year to date than the same period last year, with total box volume through April climbing to nearly 900,000 containers. SCPA handled 96,166 pier containers in April, compared to 86,505 boxes moved during the same month last year. The port plans to handle more […]
SC Ports Authority sustained double-digit container volume gains in March, reporting 14.3 percent fiscal year to date growth of twenty-foot equivalent units (TEUs) over the same period last year. In March SCPA handled 171,113 TEUs, an increase of 13.7 percent compared to 150,516 TEUs moved during the same month last year. Fiscal year to date, […]
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