Expansion of Charleston Port
S.C. State Ports Authority officials expect continued growth in the Southeast port market in 2018 with the deployment of larger ships, expanded service to Asia and more cargo.
Heading into 2018, the port plans to continue work on:
1 Construction of the Hugh K. Leatherman Sr. Terminal in North Charleston; phase one is set to open in 2020.
2 Construction of an inland port in Dillon; the operation is set to open in April.
3 Construction of a new corporate headquarters building in Mount Pleasant; the office project is set to open in December.
4 Renovation and reinforcement of the Wando Welch Terminal in Mount Pleasant; work should wrap up this spring.
5 Initial dredging for the deepening of Charleston Harbor; work will begin in February and completion is projected by 2020.
Global container trade growth was the strongest it has been since 2010, mirroring surprising strength in the global economy. It has been expected to see continued strength, albeit slightly more modest, into 2018 with growth in the emerging-market economies as a key factor in sustaining this positive outlook.
The news is collated by ChinaRubberFender.com – Marine Fender Supplier.