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September 3 2018

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42 The Journal of Commerce | September 3 2018 SPECIAL ADVERTISING SECTION OF THE JOURNAL OF COMMERCE SOUTH CAROLINA TRADE & LOGISTICS TEU crossed port terminals, representing a 3 percent increase over FY 2017. Even more encouraging, the fourth quarter was the year's strongest, with more than 200,000 TEU handled in June. "We achieved the three highest months of container volume in the port's history in March, May, and June. As compared to FY 2010, we have grown by over 900,000 TEU for a compound annual growth rate of 7 percent. Our container volume growth is further driven by the upsizing of vessels, with 18 of SCPA's 26 weekly container services utilizing neo-Panamax ships," SCPA President and CEO Jim Newsome said. Further contributing to overall port volumes were breakbulk shipments exceeding 760,000 tons for the fiscal year, including movement of some 232,000 vehicles across the Columbus Street Terminal. To ensure future performance matches the port's vision, SCPA invested an annual record $215 million in FY 2018. This record is destined to be short-lived as plans call for total investment of $2.15 billion by 2021. The blueprint includes harbor deepening, terminal investments, and inland infrastructure. During the year, the Wando Welch Terminal wharf strengthening project concluded, a three- year undertaking carrying a nearly $50 million price tag. Additional efforts over the next year will generate an increase in annual capacity of 700,000 TEU. The reconfigured facility will ultimately offer 13 ship-to-shore cranes, 62 rubber-tire gantries, 23 empty handlers, 3,800 feet of wharf capable of simultaneously handling three New Panamax ships, 40 gates, and a new 35-acre chassis yard. Based upon the success of Inland Port Greer, SCPA expanded its hinterland footprint with the opening of a similar facility in Dillon, South Carolina, March, May, and June were the three highest months of container volume in the port's history. South Carolina Ports Authority

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