South Carolina’s Port of Charleston handled more than 1.6 million TEUs in the calendar year 2013, up 5.7 percent from 2012, as exports increased 7.7 percent, imports were up 3.7 percent and empties rose 10.0 percent.
Midway through the South Carolina Ports Authority’s fiscal year 2014, which began on July 1, 2013, the port has seen a 5.3 percent increase in TEUs over the same period last year.
“Container volume remains slightly over plan,” the authority said in a written statement.
Port of Charleston’s TEU throughput in 2013.
Imports of containers reached 766,307 TEUs in calendar year 2013, and increased 5.3 percent year-over-year to 389,045 TEUs in the first six months of fiscal year 2014, while exports of containers totaled 835,059 TEUs in calendar year 2013 and rose 5.4 percent year-over-year to 423,406 TEUs in the first half of fiscal year 2014.
In December, SCPA moved 124,103 TEUs, basically flat compared with 124,120 TEUs in December 2012, but down 7.0 percent from 133,481 TEUs in the previous month. December imports were up 6.7 percent year-over-year to 60,954 TEUs, while exports were down 5.8 percent to 63,149 TEUs.
The P3 Network, which is expected to launch this spring pending regulatory approval, as well as other mega-alliances such as the G6, are also predicted to change dynamics. Charleston is slated to be served by four P3 Network loops. Charleston, which can handle ships with up to 48 feet of draft at high tide, is in the middle of a feasibility study by the U.S. Army Corps of Engineers to deepen its harbor to up to 52 feet.
The Journal of Commerce
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