SCPA Growth Continues in 2015

The South Carolina Ports Authority (SCPA) has just announced a 14 percent container volume growth during 2015 fiscal year, with breakbulk tonnage exceeding plans by 6 percent and record rail moves at the Inland Port.

2015 was a memorable year for SC Ports Authority,” said SCPA president and CEO Jim Newsome.We reached near-record levels of containerized cargo and saw strong volume and good diversification of the breakbulk sector. From an operations perspective, highlights of this year include handling the highest ever month of pier containers in May and Inland Port rail moves in June, all while delivering high reliability and logistics efficiencies for our customers.”

Strong fundamentals played a key role in the above-market growth of SCPA’s containerized cargo segment. Amidst progress of the Panama Canal expansion and the Bayonne Bridge raising, big ships have transitioned to East Coast trade routes, and SCPA currently receives 11 post-Panamax vessel calls each week.

According to the SCPA, in the fiscal year ahead, the company expects to continue to grow above the US port market average and focus on increasing revenues to fund its capital projects, including the construction of the Navy Base container terminal by the end of the decade.

FY2016 will also be a significant year for deepening the Charleston Harbor to 52 feet, with the Chief’s Report expected in September while the Pre-construction Engineering and Design phase is ongoing, followed by construction.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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