Post by dockside on Nov 21, 2008 11:27:17 GMT -5
Cargo Gains at Charleston, SC
Updated November 20, 2008
JOURNAL of COMMERCE
Container volume at the Port of Charleston increased 6 percent in October compared with the same month in 2007.
The 146,878 TEUs handled at the port’s three container terminals also represented a 16-percent increase from September’s total.
Bernard S. Groseclose Jr., president and chief executive of the South Carolina State Ports Authority, said the increase was a pleasant surprise considering the weak economy, but cautioned against reading too much into the October totals. “We certainly wish this were a trend, but based on what our customers are telling us, it's more likely an aberration,” he said.
Loaded import container volume was up 4 percent from the same month a year ago and 17 percent from September. Loaded exports, however, fell slightly, dropping 1 percent from October 2007 and 3 percent from September.
Breakbulk cargo also rallied in October, with 114,359 tons of cargo moved through port facilities in Charleston and Georgetown, up 47 percent from October 2007, the authority said.
Separately, the port recently issued a report that said port operations in Charleston and Georgetown last year facilitated 260,800 jobs across South Carolina, nearly 11 percent of the state’s total, and almost $45 billion in economic activity.
The study also found that port activity generated $11.8 billion in labor income, or 13.6 percent of the state’s total income, $1.5 billion in state and local taxes, and $18.5 billion in value-added impact, representing 12.1 of the total gross state product.
-- Shipping Digest
Updated November 20, 2008
JOURNAL of COMMERCE
Container volume at the Port of Charleston increased 6 percent in October compared with the same month in 2007.
The 146,878 TEUs handled at the port’s three container terminals also represented a 16-percent increase from September’s total.
Bernard S. Groseclose Jr., president and chief executive of the South Carolina State Ports Authority, said the increase was a pleasant surprise considering the weak economy, but cautioned against reading too much into the October totals. “We certainly wish this were a trend, but based on what our customers are telling us, it's more likely an aberration,” he said.
Loaded import container volume was up 4 percent from the same month a year ago and 17 percent from September. Loaded exports, however, fell slightly, dropping 1 percent from October 2007 and 3 percent from September.
Breakbulk cargo also rallied in October, with 114,359 tons of cargo moved through port facilities in Charleston and Georgetown, up 47 percent from October 2007, the authority said.
Separately, the port recently issued a report that said port operations in Charleston and Georgetown last year facilitated 260,800 jobs across South Carolina, nearly 11 percent of the state’s total, and almost $45 billion in economic activity.
The study also found that port activity generated $11.8 billion in labor income, or 13.6 percent of the state’s total income, $1.5 billion in state and local taxes, and $18.5 billion in value-added impact, representing 12.1 of the total gross state product.
-- Shipping Digest