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 […]

  • 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 […]

  • 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 […]

  • 10 July 2019

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

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 20 August 2015
    Business & Finance

    The South Carolina Ports Authority (SCPA), Representative Jim Merrill and Senator Larry Grooms yesterday announced the completion of a lease agreement granting oversight of a 50-acre land parcel on Daniel Island to the South Carolina Department of Parks, Recreation and Tourism (SCPRT) for public benefit. The 99-year lease fulfills a state budget proviso requiring the […]

  • 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 […]

  • 14 March 2019
    Business & Finance

    Charleston Harbor Deepening Project received USD 138 million of funding in the President’s FY2020 Budget.

  • 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 […]

  • 22 June 2017

    The South Carolina Ports Authority (SCPA) board of directors adopted a 2018 fiscal year financial plan that includes six percent pier container growth, USD 251.1 million operating revenues, USD 44.1 million operating earnings, and capital expenditures of USD 262.3 million. The plan projects pier containers, or box volume, of 1.263 million during FY2018, a six […]

  • 11 June 2018

    To handle container volume growth at its terminals, SCPA orders 26 rubber-tired gantry cranes from Konecranes.

  • 21 January 2016
    Business & Finance, Project & Tenders

    South Carolina Ports Authority (SCPA) posted 10 percent container growth in 2015, a year highlighted by strong volumes and significant progress on the harbor deepening project. The company handled 144,718 twenty-foot equivalent units (TEUs) in December, pushing total container volume to 1.97 million in 2015. As measured in pier containers, or total boxes handled, SCPA’s two […]

  • 13 September 2016
    Business & Finance

    South Carolina Ports Authority president and CEO Jim Newsome’s recent State of the Port focused on growth, modernization and the abundant opportunities ahead for South Carolina’s public port system. In his eighth address at the annual event hosted by the Propeller Club of Charleston, Newsome reviewed the Port’s financial and volume gains in recent years […]

  • 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 […]