Charleston is one of the greatest places to live and work in the nation. And soon, there may be even more opportunity in our community.
The South Carolina State Ports Authority President and CEO Jim Newsome recently asserted the importance of investing in our local port. Newsome wants to deepen the Port of Charleston from its current 45 feet to more than 50 feet.
“The growth of exporting and the formation of mega-alliances that will feature the deployment of large container ships on the East Coast mean that deepened harbors are critical for supporting commerce in the Southeast region,” he said.
In addition to the expansion of the port, the port authority is constructing a container terminal at the former Navy base in Charleston and an intermodal rail yard.
According to the Charleston Regional Business Journal, Newsome hopes that the projects will be completed in 2018.
Charleston has the fourth-largest container shipping port in the U.S., and it may soon surpass those in the top three. This news is exciting, as it could signal increased commerce and an economic boost for the Charleston area.
For more information about the Port of Charleston and its economic impact on our area, visit the South Carolina Ports website.