SOUTH CAROLINA PORTS (SC PORTS)

SC Ports reports container growth in March

South Carolina Ports (SC Ports) reported a monthly container throughput of 216,410 TEUs in March, translating to a 12% increase year-over-year, and 118,481 pier containers, up 11% from last year.

A 17% increase in loaded imports and strong intermodal cargo movements drove year-over-year container volume growth at SC Ports, marking the most significant uptick this year.

“The US East Coast is in high demand for cargo routings, and our strategic location in the booming Southeast positions us well...

https://container-news.com/sc-ports-reports-container-growth-in-march/

South Carolina Ports handles over 200,000 TEUs in February

In February, South Carolina Ports (SC Ports) processed 202,349 TEUs and 111,902 pier containers, marking a marginal increase compared to the same month in 2023.

Notably, loaded import TEUs surged by 11% compared to February of the previous year, indicating robustness in the broader economy.

The performance of inland ports and rail volumes has remained consistently strong month after month. Inland Port Greer saw a significant increase of 26% in rail moves last month, totalling 15,801 moves...

https://container-news.com/south-carolina-ports-handles-over-200000-teus-in-february/

SC Ports to expand North Charleston terminal with WestRock site purchase

Backed by state support and receiving unanimous approval from the Board of Directors, South Carolina Ports (SC Ports) intends to acquire the former WestRock paper mill site in North Charleston to enhance the capacity of the Port of Charleston.

The SC Ports Board of Directors voted to proceed with a purchase sales agreement with WestRock, with the transaction anticipated to conclude promptly.

“The tremendous backing from our state and an excellent partnership with WestRock allows us to make...

https://container-news.com/sc-ports-to-expand-north-charleston-terminal-with-westrock-site-purchase/

SC Ports bolsters rail capacity to support port-reliant enterprises

Through collaboration with rail partners and support from state officials, South Carolina Ports (SC Ports) aims to enhance rail capacity across South Carolina to effectively manage the increasing demand for goods in the state’s economy.

The development of the upcoming Navy Base Intermodal Facility in North Charleston is progressing smoothly. Set to debut in July 2025, this cargo facility connected to rail will feature six rail-mounted gantry cranes designed to streamline the movement of...

https://container-news.com/sc-ports-bolsters-rail-capacity-to-support-port-reliant-enterprises/

SC Ports to upgrade its crane fleet with two hybrid RTGs

South Carolina Ports (SC Ports) purchased two Konecranes hybrid rubber-tired gantry cranes (RTGs) for their inland port operation in Greer in the fourth quarter of 2023.

These new RTGs are anticipated to bolster the port’s overall capacity, complementing the existing fleet of seven Konecranes RTGs currently in operation at the terminal. Delivery and commissioning of the new cranes are scheduled for the fourth quarter of the current year.

“SC Ports is committed to an environmentally sustainable...

https://container-news.com/sc-ports-to-upgrade-its-crane-fleet-with-two-hybrid-rtgs/

South Carolina inland ports achieve record results amid container drop in 2023

Both inland ports at South Carolina Ports handled a record number of containers in the last year with Inland Port Greer moving 175,873 containers, translating to a 26% year-over-year growth and Inland Port Dillon increasing its volume by 55% to 43,266 boxes.

According to SC Ports statement, the growth at these two rail-served inland ports has driven the percentage of containers moved inland by rail back up to pre-pandemic levels, with 23% of total marine containers travelling by rail during 2023.

https://container-news.com/south-carolina-inland-ports-achieve-record-results-amid-container-drop-in-2023/

SC Ports maintains Moody’s A1 credit rating

South Carolina Ports’ A1 credit rating was reaffirmed by Moody’s Investors Service, reflecting the credit agency’s confidence in the company’s long-term development trajectory and strong market position.

The continued movement of people and businesses to the US Southeast, along with South Carolina’s growing industrial activity, is driving expansion at SC Ports, according to the credit agency’s opinion.

Furthermore, SC Ports has invested in crucial infrastructure improvements to enable this...

https://container-news.com/sc-ports-maintains-moodys-a1-credit-rating/

SC Ports generates US$10 billion economic impact in the Pee Dee region

According to a recent economic impact study, South Carolina Ports (SC Ports) establishes a US$9.7 billion economic impact in the Pee Dee area by supporting port-dependent companies.

According to Joseph Von Nessen, a research economist and professor at the University of South Carolina Darla Moore School of Business, this economic effect supports – both directly and indirectly – 29,000 jobs in the Pee Dee region.

“South Carolina Ports is a port system for the entire state, and you can see that...

https://container-news.com/sc-ports-generates-us10-billion-economic-impact-in-the-pee-dee-region/

SC Ports has annual economic impact of US$87 billion on South Carolina

According to a recent report conducted by Joseph Von Nessen, a research economist and professor at the University of South Carolina Darla Moore School of Business, having a world-class port creates an approximately US$87 billion statewide impact on South Carolina each year.

“Port operations attract port-dependent businesses to locate or expand throughout the state, generating billions in economic impact and supporting thousands of jobs for South Carolinians. Our state’s economic success is...

https://container-news.com/sc-ports-has-annual-economic-impact-of-us87-billion-on-south-carolina/

SC Ports achieves container rail record

Container volumes dropped in August at South Carolina Ports (SC Ports) with 203,169 TEUs and 111,745 pier containers, translating to a 9% decrease from the same month in 2022.

“The US port industry is anticipating a slower peak season than typical due to a lower consumer appetite and tempered US economy,” said SC Ports in a statement.

However, in the same month, Inland Port Greer set a new monthly record with 16,857 rail moves. This figure represents the most monthly moves in the port’s history,...

https://container-news.com/sc-ports-achieves-container-rail-record/

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