Ports Authority sees 8% cargo increase from fiscal 2013 to fiscal 2014

Staff Report
Published July 21, 2014

The Port of Charleston handled around 1.68 million 20-foot equivalent units in fiscal year 2014, up 8% from fiscal 2013 and a 2% increase over projections.

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The port handled around 149,000 TEUs in June, up 19% from June 2013.

The S.C. State Ports Authority board released its statistics today for fiscal 2014, which runs from July through June. The board did not hold a meeting this month.

Ports Authority President and CEO Jim Newsome said the implementation of the board’s strategic plan, the commitment to invest in port infrastructure and growth from port users all contributed to a strong fiscal 2014.

“Our above-market fiscal year growth again this year is testament to strong performance in our major business segments,” Newsome said in a statement.

On the noncontainerized cargo side, the port handled 760,000 pier tons during the fiscal year in Charleston, an increase of 3.6% over the forecast amount.

The Port of Georgetown handled 550,000 pier tons during the fiscal year, up 11.8% year-over-year, according to a news release.

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