Search results for: SCPA

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  • 10 July 2018

    South Carolina Ports Authority reports record container volumes handled during the 2018 fiscal year. 

  • 15 October 2015
    Business & Finance

    Moody’s Investors Service and Standard & Poor’s Ratings Services have affirmed South Carolina Ports Authority’s (SCPA) solid financial position, citing a growing regional economy, significant capital support and a strong operating profile as key factors in the positive ratings issued this week. The ratings come as SCPA plans to issue approximately $290 million in new […]

  • 20 June 2012
    Business & Finance

    South Carolina Ports Authority (SCPA) Board approved the most aggressive investment plan in the agency’s history, reports abcnews4.com. The Board approved the SCPA’s budget for the 2013 fiscal year, which starts July 1. “This aggressive investment plan for our ports mirrors the significant investment of our state toward realizing the Charleston Harbor Deepening Project,” said […]

  • 21 October 2016

    The US South Carolina Ports Authority (SCPA) recorded a 1.4 percent increase during the first quarter of the 2017 fiscal year, with 520,276 TEUs crossing SPA docks from July to September, compared to 513,299 TEUs handled in the same period last year. “Loaded container volume, particularly on the import side, supported SCPA’s growth for the first […]

  • 10 July 2019

    The port authority saw an 8.8% increase in annual TEU container volume.

  • 7 November 2014
    Business & Finance

    Moody’s Investors Service reaffirmed an A1 rating for the SC Port’s Authority’s outstanding debt, citing a strong economy and deep-water harbor as key drivers of the SCPA’s stable financial outlook. In a report released yesterday, Moody’s referenced SCPA’s current harbor depth as a competitive advantage that will be significantly enhanced by the end of the […]

  • 15 December 2016

    The US South Carolina Ports Authority (SCPA) reported its strongest November container volumes on record, handling a total of 175,215 TEUs during the month.  Previously, SCPA’s strongest November on record was 163,121 TEUs handled in 2005. Box volumes increased by 14 percent, compared to 153,594 TEUs recorded in November last year. With 1.831,796 TEUs moved […]

  • 21 August 2014
    Business & Finance

    The South Carolina Ports Authority has reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization’s financial plan. From July through June, the SCPA posted operating revenues of $164.1 million, an increase of nearly 17 percent over the previous fiscal year. FY2014 expenses totaled $149.9 million. “With the Port’s aggressive capital plan […]

  • 22 January 2016

    Port of Charleston, a part of South Carolina Ports Authority (SCPA) and the fourth busiest container port in the US, handled a total of 1.97 million containers in 2015, a 10 percent growth compared to the previous year. In December alone, the SCPA handled 144,718 twenty-foot equivalent units (TEUs), adding to the increase in container volume, SCPA said. The SCPA’ two container terminals […]

  • 25 January 2017
    Business & Finance

    South Carolina Ports Authority (SCPA) recorded a 5.4 percent increase in container volume fiscal year to date, with 1.029,450 TEUs handled since the period began in July 2016. SCPA said that December was “a solid finish” to the second quarter of fiscal year 2017, with 164,480 TEUs moved last month, a year-over-year increase of nearly […]

  • 13 July 2017

    South Carolina Ports Authority (SCPA) moved a record 2.14 million TEU units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes. As explained, highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year, which runs July through June. The port’s previous record was 1.98 […]

  • 25 June 2013
    Business & Finance

    Nearly 1,000 acres of environmentally and historically significant properties in the Cooper River watershed are being permanently protected, under a $1-million land preservation program by the South Carolina Ports Authority (SCPA). The effort is part of the SCPA’s $12-million environmental and community mitigation package related to the new container terminal under construction at the former […]

  • 19 June 2012

    South Carolina Ports Authority (SCPA) Board approved the most aggressive investment plan in the agency’s history, reports abcnews4.com. The Board approved the SCPA’s budget for the 2013 fiscal year, which starts July 1. “This aggressive investment plan for our ports mirrors the significant investment of our state toward realizing the Charleston Harbor Deepening Project,” said […]

  • 19 May 2016
    Business & Finance, Project & Tenders

    South Carolina Ports Authority (SCPA) Board has approved construction and quality assurance contracts for its Columbus Street Terminal. At its recent meeting, the Board also approved two additional contracts for projects at SCPA’s container terminals in South Carolina. The first contract is for annual maintenance dredging at the North Charleston Terminal and the second one is for a […]

  • 31 March 2016
    Business & Finance, Project & Tenders

    Construction continues on SCPA’s Hugh K. Leatherman Sr. Terminal, located on the former Navy Base in North Charleston. Since receiving the final permit approvals in 2007, the South Carolina Ports Authority is working hard on the construction of the new 280-acre terminal which will boost capacity in the port by a full 50%. According to SCPA, opening date of the […]

  • 13 September 2016

    US South Carolina Ports Authority (SCPA) has reported its strongest August container volumes on record, handling 180,153 TEUs. Compared to 170,528 TEUs handled in August 2015, SCPA saw a 5.6 percent increase. With 357,420 TEUs moved during the first two months of the 2017 fiscal year, the port’s container volume is up 3.4 percent. As […]

  • 7 February 2017

    South Carolina Ports Authority (SCPA) reported an all-time record container volume of 185,018 TEUs handled in January 2017.  As measured in pier containers or total box volume, SCPA handled 104,792 boxes last month, surpassing the previous record of 104,003 containers handled in May 2015. Container volume was up 28 percent compared to January 2016. “As […]

  • 21 August 2013
    Business & Finance, Equipment, Technology

    On the heels of announcing its fiscal year 2013 volume results at July’s meeting, including a nine percent gain in container volume and a more than 14 percent increase in non-containerized cargo at its two ports, the South Carolina Ports Authority (SCPA) reported yesterday its financial results for the year that ended June 30. Operating […]

  • 23 March 2012

    Container volume in the Port of Charleston rose 9.2 percent in February compared to the same month last year, in results announced recently at the regular meeting of the South Carolina Ports Authority (SCPA) Board of Directors. Charleston handled 119,052 20-foot equivalent units (TEUs) last month, representing a 5.8 percent climb in container volume over […]

  • 22 July 2014
    Business & Finance

    South Carolina Ports Authority (SCPA) has reported a strong finish for the 2014 fiscal year with 8 percent container growth, an increase of 2 percent over projected plans.   “Our above-market fiscal year growth again this year is testament to strong performance in our major business segments,” said SCPA president and CEO Jim Newsome. “The […]

  • 18 January 2018

    SCPA reported 9% container volume growth in 2017 with a record-setting 2.2 million TEUs handled during the year.

  • 22 June 2017
    Business & Finance

    South Carolina Ports Authority Board of Directors yesterday adopted a 2018 fiscal year financial plan that includes six percent pier container growth, $251.1 million operating revenues, $44.1 million operating earnings, and capital expenditures of $262.3 million. “The Port’s FY2018 financial plan reflects continued success of our state port system, both in volume growth and progress […]