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Port of Charleston reports increasing cargo volumes

Distribution & Logistics
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The Port of Charleston set a record for November cargo volume with approximately 99,000 containers coming through the port. (Photo/Provided)Around 99,000 pier containers — boxes of any size — came through the Port of Charleston in November, marking the highest cargo volume recorded for that month in the port’s history. Pier containers are up 15% from November 2015.

Port of Charleston November report

Description

FY17 results
so far

Percent change from same period in FY16

TEUs

864,970

4%

Breakbulk tons

360,744

-10.7%

Vehicles

108,141

-9.9%

Pier containers

487,924

4.1%

Cruise passengers

91,708

-1.2%

Operating revenues

$93.11 million

4.4%

Total expenses

$73.84 million

4.3%

Operating earnings

$19.27 million

4.6%

Ships docked

762

-6.4%

Source: S.C. State Ports Authority  

“The port had a record November of close to 100,000 pier containers with continued year-on-year growth in the loaded container segment and the resurgence of empty exports through calls by extra loader vessels,” Port CEO Jim Newsome said in a statement.

The port handled roughly 175,000 TEUs — or 20-foot equivalent units — in November, up 14% year-over-year. The port has handled around 865,000 TEUs thus far in fiscal 2017, running from July to November.

“We are ahead of plan for the fiscal year 2017 but expect a seasonally modest December through February as lines adjust to slowing world trade and prepare for new alliance deployments,” Newsome said.     

Reach Liz Segrist at 843-849-3119.

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