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Port of Charleston’s Container Traffic Rises 9 Percent

7/19/2013 11:22:29 AM

The Port of Charleston’s container traffic in the fiscal year ending June 30, 2013, totaled 1.56 million 20-foot-equivalent units, increasing 9 percent over the previous year.

“The shipping industry trend toward mega-consortia will ultimately be an advantage for deep water harbors, like Charleston,” said Jim Newsome, president and CEO of the South Carolina Ports Authority, in a written statement, referring to the rise of new carrier consortia such as the G6 and, more recently, the P3 Network. "While just under the aggressive target we set for the past fiscal year, Charleston's growth remains at more than double the average market growth for the nation's ports," he said.

Container traffic in June was up 4 percent from June 2012, reaching 125,257 TEUs. The gain reflected the start of new or upsized container services in the port this summer, the SCPA said.

The Journal of Commerce


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