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$3.24 Billion Methanol Plant Planned On Port Of Lake Charles Property

methanol

$3.24 Billion Methanol Plant Planned On Port Of Lake Charles Property

Lake Charles Methanol II LLC (Lake Charles Methanol) has unveiled plans to invest $3.24 billion in the construction of a state-of-the-art manufacturing plant at the Port of Lake Charles. The facility will specialize in producing low-carbon intensity methanol and other chemicals, utilizing advanced auto thermal gas reforming technology alongside carbon capture and secure geologic storage methods to ensure environmental sustainability.

The project is anticipated to generate 123 direct new jobs in Calcasieu Parish, with an average annual salary of $135,955, along with an estimated 605 indirect new jobs, totaling 728 potential new jobs in the Southwest Region. During the peak of construction, more than 2,300 jobs are expected to be created.

Governor Jeff Landry expressed his support for the project, emphasizing its potential to significantly boost the economy of the Southwest Region while creating high-paying jobs. Lake Charles Methanol aims to reform natural and renewable gas feedstocks into hydrogen while capturing carbon dioxide, resulting in approximately 3.6 million tons per year of methanol production.

The company plans to collaborate with a third party to capture and sequester around 1 million metric tons of carbon dioxide annually, thereby reducing the carbon intensity of the hydrogen used in methanol synthesis. President of Lake Charles Methanol, Don Maley, highlighted the project’s economic and environmental benefits, emphasizing its role in facilitating the transition to low-carbon chemicals and fuels.

Currently undergoing a FEED study and regulatory permitting, the project is expected to reach a final investment decision by mid-2024, with construction commencing shortly thereafter. Commercial operations are projected to begin in late 2027, following a three-and-a-half-year construction and commissioning period.

The project has received support from state and local officials, with LED offering a competitive incentives package, including workforce development solutions and a $5 million performance-based grant for infrastructure needs reimbursement. Lake Charles Methanol is also set to participate in Louisiana’s Industrial Tax Exemption and Quality Jobs programs.

George Swift, president and CEO of the Southwest Louisiana Economic Development Alliance, praised the project as a significant addition to the regional industrial base, highlighting its positive impact on job creation and economic growth. The collaboration between Lake Charles Methanol and the Port of Lake Charles reflects the region’s dedication to attracting and fostering innovative industrial projects.

porto

Porto Itapoá Implements Electric Vehicle Patrols to Reduce Carbon Emissions

In a strategic move aimed at enhancing sustainability and reducing carbon emissions, Porto Itapoá has partnered with surveillance company Segurpro to introduce electric vehicles for motorized security patrols within the terminal premises. This initiative is expected to result in a significant reduction of over four tons of carbon emissions annually, equivalent to the distance covered by the vehicle in its annual 36,000-kilometer rounds.

Porto Itapoá’s Port Security Manager, José Aurélio Kalfeld, emphasized the shared commitment to excellence, sustainability, innovation, and security between the two companies. He highlighted the environmental benefits of the transition to electric vehicles, stating that the 100% electric vehicle will have its batteries recharged at Porto’s own facilities, eliminating the need to travel to gas stations.

Kalfeld also pointed out the operational efficiency gained by recharging the vehicle within the port premises, thereby avoiding risks associated with trips to gas stations and ensuring uninterrupted security coverage at the Terminal.

This move aligns with Porto Itapoá’s broader commitment to energy transition and sustainability. The company has implemented various measures aimed at reducing its carbon footprint, including winning the gold seal of the GHG Protocol for the second time in 2023 and investing over US$40 million in new autonomous RTGs that consume up to three times less fuel than conventional ones.

Furthermore, Porto Itapoá has revised its energy acquisition policy to consume only energy from renewable sources in its new contracts. This transition is certified by I-REC(e), a global renewable energy attribute tracking system, reinforcing the company’s dedication to promoting sustainable practices and reducing environmental impact.

Itapoá

Porto Itapoá Innovates with In-House Emergency Cage for Port Rescue Operations

In a groundbreaking move within the Brazilian port industry, Porto Itapoá introduces an exclusive and innovative solution for emergency situations: its own rescue cage. Recognizing the absence of such equipment in the national market, the Porto Itapoá team took the initiative to develop a cage tailored to the specific needs of port operations.

Designed for critical rescues, the cage features four doors, ensuring easy access for rescue teams. This meticulous design aims to optimize rescue operations during emergencies, guaranteeing efficiency and swift responses. Equipped with a hoisting system, the cage facilitates the allocation of potential accident victims, streamlining maneuvers and expediting rescue efforts, even in maritime scenarios.

Sergni Pessoa Rosa Jr., Director of Operations, Technology, and Environment at Porto Itapoá, emphasizes the necessity for this solution, stating that existing options in Europe did not meet their specific requirements. The collaborative approach undertaken during the cage’s conception, involving active participation from various sectors of Porto Itapoá, ensured that the equipment addressed the real demands of port rescue accurately.

While the introduction of the emergency cage signifies a significant addition to Porto Itapoá’s operations, it remains a measure they hope never to employ. However, its presence underscores the terminal’s commitment to operational excellence and prioritizing life protection.

As the sole port in Brazil with this safety innovation, Porto Itapoá not only enhances its preparedness for critical situations but also solidifies its reputation as an innovator and leader in safety within the national port industry.

corn

Corn Belt Ports Expands Presence with New Office to Boost Tri-State Growth

In a move to catalyze economic development in the Tri-State region, Corn Belt Ports inaugurated its latest office at the Johnson-Turner Innovation, Design, and Experimental Activities Center on the Culver-Stockton College campus. The ribbon-cutting ceremony marked the official opening, reinforcing partnerships to drive growth and investment in the Tri-States.

The new office plays a pivotal role in supporting the Tri-State Mid-America Port Commission, one of the regional Corn Belt Ports. Acting in conjunction with the Tri-State Development Summit, this collaboration forms a cornerstone for regional economic development efforts. Corn Belt Ports Executive Coordinating Director Bob Sinkler expressed confidence that working closely with the Tri-State Development Summit, housed at Culver-Stockton, will accelerate growth and investment in the region.

Culver-Stockton President Lauren Schellenberger highlighted the college’s commitment to the regional impact of the Mississippi River, port development, and flood control. She emphasized the educational benefits of hosting the regional office, exposing college students to essential aspects of economic development, the significance of the Mississippi River, and the role of agriculture in the region.

The ribbon-cutting ceremony witnessed the participation of leaders in economic development, river issues, agriculture, and elected officials. Mid-America Port Commission Chairman Blake Roderick emphasized the increased visibility of the central U.S. ports, extending beyond Illinois, Iowa, and Missouri to become integral to the nation’s core transportation system.

Ralph Martin, Executive Director of the Lewis County Port Authority, recognized the significance of the new office in drawing attention to the region’s ongoing initiatives. Expanding strategic partnerships not only enhances the integration of ports into the regional economic landscape but also aids in attracting state and federal funding. Sinkler noted that Corn Belt Ports has attracted over $2 billion in funding and aims to sustain this investment.

The Canton office is part of Corn Belt Ports’ broader expansion, with recently opened offices in Peoria, Ill., and on the Western Illinois University campus in the Quad Cities. Another office in the LaCrosse, Wis./Wenona, Minn. area is expected to open by the end of February, reflecting Corn Belt Ports’ commitment to responsiveness tailored to each region’s needs.

Recognized as a Top 50 Power Port by Global Trade magazine in 2023, Mid-America Port Commission currently stands as the 39th largest port in the U.S. Sinkler highlighted the importance of visibility, making a compelling case for increased investment in the region.

While celebrating past successes, the top priority for Corn Belt Ports remains the completion of lock and dam projects, including the funding of design work on five locks in the Mid-America Port Commission area authorized by Congress for construction. The long-term investment in infrastructure, particularly in transportation along the Mississippi River, remains critical for the region’s economic prowess, as emphasized by Darrick Steen, Director of Public Policy with the Missouri Corn Growers Association.

The strategic location of the new office overlooking the Mississippi River and Lock and Dam 20 serves as a constant reminder of the ongoing work required for the region’s prosperity, underlining the importance of Corn Belt Ports’ commitment to the continued development of the Tri-State area.

South Carolina Ports Propel Midlands Economy with a $22.3 Billion Impact

South Carolina Ports play a pivotal role in the economic vitality of the Midlands region, generating an impressive $22.3 billion in economic impact annually. This constitutes a significant quarter of the overall $87 billion impact that SC Ports have across the entire state, as revealed by a recent study conducted by Dr. Joseph Von Nessen, a research economist and professor at the University of South Carolina. The latest data indicates a noteworthy 43% increase in economic impact in the Midlands since the last study in 2019.

SC Ports’ contribution goes beyond the Port of Charleston, according to Barbara Melvin, President, and CEO of SC Ports. The port actively supports various industries in the Midlands, including advanced manufacturing, healthcare, retail, and paper production. By facilitating the movement of goods for both large corporations and small businesses, SC Ports cements valuable relationships with customers, delivering tangible economic benefits to the residents of the Midlands.

The impact is felt in job creation, with SC Ports directly and indirectly supporting over 67,000 jobs in the Midlands, contributing to a total labor income of $4.5 billion. Bill Stern, SC Ports Board Chairman, emphasizes the port’s significance as a crucial economic engine for the state, attracting world-class businesses that result in well-paying jobs and opportunities in the Midlands.

On a broader scale, SC Ports operations play a vital role in South Carolina’s economy, supporting a staggering 260,000 jobs statewide. Approximately 1 in 9 jobs in South Carolina is directly or indirectly linked to the operations of SC Ports. Dr. Joseph Von Nessen underscores the crucial link between the state’s economic success and the continued growth of SC Ports, as port operations attract businesses, generate substantial economic impact, and provide employment opportunities for thousands of South Carolinians.

africa

5 Major Ports in Africa That Are Strengthening African Trade

Africa boasts a 26,000-kilometre-long coastline dotted with over 100 ports and harbours. However, despite this extensive maritime access, none of Africa’s ports rank among the top 10 busiest in terms of annual container traffic. Unfortunately, the development of sea ports in Africa has lagged behind other parts of the world in terms of efficiency and capacity for handling international cargo. 

A couple of global port operators are tackling this discrepancy, including Hutchison Ports, DPWorld, APM Terminals, and ICTSI, which operates five major African ports. Continuously looking for opportunities worldwide, the company recently announced the expansion of its portfolio to include DCT Pier 2 in Durban, South Africa—Transnet’s largest container terminal. 

The state of ports in Africa in 2023

According to the World Bank’s Container Port Performance Index 2021, the top 20 most efficient container ports in the world are all located in Asia and Europe. The highest-ranking African port is the Port of Tanger Med, which is ranked 34th on the list. 

Historically, there are a few challenges to developing sea ports in Africa. Many African ports have been underfunded for many years, which has led to outdated infrastructure and equipment. This can make it difficult for them to handle large volumes of cargo efficiently.

There’s also the geographic and socio-political reality of shipping in Africa that causes interconnectivity challenges. Many African ports are not well-connected to the road and rail networks of their respective countries, which can make it difficult to transport cargo to and from the ports. 

Nevertheless,  there are a number of African ports that are making significant progress in improving their efficiency and capacity. For example, the Port of Durban in South Africa and the Port of Tanger Med in Morocco are now among the most efficient ports in the continent. These two and more are making notable contributions to the economies of the region and changing the landscape of global shipping. 

What are the major ports in Africa?

Foreign investments have led to significant upgrades at major seaports across Africa. These are the major ports in Africa today—and how they’re contributing to the economies of the countries around the continent. 

Port of Mombasa, Kenya

The Port of Mombasa, operated by the Kenya Ports Authority, is the largest port in East Africa and a central hub for trade between Africa and Asia. It has expanded in recent years, and primarily exports tea, coffee, horticultural products, and other goods from inland African countries like Uganda, Burundi, Rwanda, eastern Congo, Ethiopia, and the southern part of Sudan. Approximately 35.9 million tonnes of cargo and 1.49 million TEUs were handled at the port in 2020.

Kenya’s major port in Mombasa also imports petroleum products, consumer goods, and machinery from Western Europe, Asia, America, and the Far East ports. In Kenya, trade contributed 15.6 % of Kenya’s GDP in 2020, making the port a major contributor to economic success in the country. 

Port of Durban, South Africa

While there are many ports in South Africa, the Port of Durban is a major commercial hub on the East African coast. The Port of Durban accounts for around 60% of trade revenue for South Africa and links products traveling between the Far East, Middle East, South and North America, Europe, and Australia. 

Development continues at this key port. Transnet SOC Ltd selected ICTSI as the preferred bidder for the 25-year joint venture to develop and operate Durban Container Terminal (DCT) Pier 2. 

“Our goal is to maximize the Port of Durban’s potential through responsible operations. We look forward to collaborating with Transnet and all the stakeholders involved, who share our vision for a world-class terminal that serves as a catalyst for economic growth in the region,” said Christian R. Gonzalez, ICTSI’s executive vice president.

Port of Toamasina, Madagascar

The Port of Toamasina may not be the biggest port in the world, but it’s among the most efficient—which is why it warrants a mention in this list of major ports in Africa. 

Strategically located on the eastern coast of Madagascar, Madagascar International Container Terminal Services Ltd. (MICTSL)is a key port facility in the Indian Ocean connecting African and Asian trade. The Port of Toamasina handles 90% of Madagascar’s container traffic. 

Since then, the terminal has been modernised to make port operations run more efficiently, reports The Africa Logistics.

Port of Matadi, Congo

Not all of Africa’s ports are located on the coast. Matadi is the most important port on the Congo River, handling 90% of maritime traffic (not including oil tankers). Approximately 150 kilometers upstream from the Atlantic, Matadi is a major import and export point for the whole of D.R. Congo. 

The Port of Matadi is the only terminal in DRC with mobile harbor cranes allowing gearless vessels to operate, and empty depot services accepting empty containers before vessel arrival. This allows Matadi to have the fastest turnaround time in the region for both trucks and vessels. 

Matadi enables the transport of the DRC’s rich agricultural exports, such as coffee, palm, oil, cotton, and sugar. Its mining sector, however, has been driving the economy with copper, cobalt, gold, coltan, tin, zinc, and diamonds as among its major exports. 

Port of Tanger Med, Morocco

The Port of Tanger Med is a new port complex located near the Strait of Gibraltar. It is one of the largest ports in the Mediterranean Sea and is well-positioned to serve as a hub for trade between Europe, Africa, and Asia. Tanger Med is a central hub for the export of automobiles, textiles, and agricultural products, and for the import of petroleum products, machinery, and consumer goods. It comprises four container terminals, two of which are operated by APM Terminals. 

“Tanger-Med handled 7,174,870 TEUs in 2021, and a total cargo volume of 101,055,713 passed through its general cargo terminal. The RORO terminal crossed the 400,000 mark in the same year, a remarkable achievement,” wrote Marine Insight. “This tremendous upward growth was achieved by port digitisation, reduction in waiting times, resumption of industrial exports and upgradation of port equipment.” 

Empowering the future of ports in Africa

Africa’s maritime ports hold so much potential for improvement. Investments from the private sector have led to the development of more efficient and more competitive port facilities like Onne Multipurpose Terminal in Nigeria and Kribi Multipurpose Terminal in Cameroon, both operated by ICTSI. As the largest independent terminal operator, ICTSI is working diligently to develop, modernise, and upgrade ports around the world, including in AfricaI. 

Learn more about ICTSI Africa’s ongoing projects and future initiatives, and stay informed about the evolution of vital port infrastructure across the continent.

Itapoá

Porto Itapoá Breaks Ground as the First Carbon-Neutral Port in Brazil

Porto Itapoá, a prominent player in Brazil’s port industry, is making waves by spearheading environmental initiatives and setting a new standard for sustainable practices. Notably, the port is set to become the first in Brazil to integrate carbon credits into its operations through the innovative Carbon Neutralization Project, a collaboration with the Ambipar Group. This groundbreaking project, commencing in 2024, allows terminal customers to purchase carbon credits certified by Ambipar, derived from forest conservation or reforestation, to offset their emissions.

Sergni Pessoa Rosa Jr., the director of Operations, Technology, and Environment at Porto Itapoá, emphasizes the significance of this initiative, positioning the port as a trailblazer in the carbon credit market. This forward-thinking approach is expected to have a ripple effect throughout the entire logistics chain, showcasing Porto Itapoá’s commitment to environmental stewardship.

In addition to the Carbon Neutralization Project, Porto Itapoá has revamped its energy acquisition policy, opting to exclusively consume renewable energy in new contracts starting in 2023. This shift is certified by I-REC(e), a global tracking system for renewable energy attributes, ensuring reliable accounting of renewable energy consumption.

The port is also embarking on a solar energy capture project, conducting a pilot study with installed panels to assess solar light incidence in Itapoá. The data gathered will serve as a foundation for future solar energy projects not only for Porto Itapoá but for the entire municipality, contributing to the broader adoption of sustainable energy practices.

Porto Itapoá’s commitment to environmental excellence is further underscored by its achievement of the Gold Seal of the GHG Protocol in 2023 for the second time. This accolade, implemented by the Center for Sustainability Studies at the Getúlio Vargas Foundation (FGVces) in collaboration with the Ministry of the Environment, recognizes the port’s dedication to reducing carbon emissions. The port has also invested over R$ 25 million in new autonomous RTGs, positioning itself as the first terminal in South America to operate these innovative machines, which consume up to three times less fuel than conventional ones.

For Sergni Pessoa Rosa Jr., the director of Operations, Technology, and Environment, Porto Itapoá’s commitment to economic development intertwined with socio-environmental responsibility reflects the most sustainable path for a company. The aim is to create an environment where all stakeholders can coexist harmoniously in a healthy and sustainable ecosystem.

container chain market

Red Sea Developments and their Impact on Northern European Container Prices

Analysis from Christian Roeloffs, cofounder & CEO of Container xChange

Complete Video of the analysis: https://www.youtube.com/watch/UegHC0btQw8 

Key Highlights from the analysis: 

“Some of the main ports in Germany like Rotterdam, Hamburg, Bremen are posting significant week on week price increases and of course the interpretation is that the situation in the Red Sea has contributed to this increase.”

“The market anticipates that especially in Europe which is on the receiving end of import containers from the Middle East, India, southeast Asia and China, that container scarcity will lead to an increase in container prices and the market.” Explained Christian as part of the analysis. 

7-days price change of container prices 

“Ports at the receiving end of those import containers like the port of Rotterdam and Hamburg, are recording a significant increase in container prices over the last two weeks, since the situation in Red Sea started to escalate.”  

“A consistent pricing trend is observed in the surge of Freight rates. Xeneta’s reports indicate a spot rate increase of 20 to 30% on major East-West corridors.”

“The key question for the industry is the duration of the current situation. Is it a temporary disturbance, a perceived bump in the road, or are carriers capitalizing on the situation as container vessels are diverted around the southern tip of Africa, adding strain due to the Suez Canal’s inaccessibility.” 

Approximately 1.4 to 1.77 million TEU of capacity, accounting for 5 to 6% of the market’s total capacity, is affected. This offers relief for carriers amid the current state of overcapacity. 

“The lingering question is the duration of this circumstance and when naval forces, particularly from Egypt, Great Britain, France, and the US, will take control of security in the Red Sea.” 

“Industry sources suggest that this task might not be straightforward. Forming convoys could impede traffic, and addressing drone boat attacks poses challenges, especially considering the difficulty of detecting these boats in high-traffic areas like the Red Sea.”

 

Houthi Attacks Update: East-West Trade Braces for Uptick in Freight Costs in 2024

The unfolding events in vital maritime passages such as the Red Sea, Suez Canal, and Panama Canal have prompted swift responses from major shipping companies, thereby impacting the container shipping sector. An additional 40% longer route, causing heavy upward pressure in the operating costs is expected to persist as the shipping time extends anywhere between one to four weeks due to the longer route.

Recent missile attacks by Houthi militants in the Red Sea have prompted leading shipping entities like CMA CGM, Hapag-Lloyd, Maersk, and Mediterranean Shipping Co. to temporarily halt transits through the Suez Canal. Additionally, the Panama Canal has been effectively closed to MPV (multipurpose) shipping until at least May, leading carriers to explore alternative routes via the Cape of Good Hope and the Strait of Magellan.

“The situation in the Red Sea has been escalating quite significantly over the last two weeks where Houthi rebels have started to attack the commercial vessels by the big ocean liners. Subsequently the container liners are essentially instructing their vessels to avoid transiting through the Suez Canal and around the Cape of Good Hope adding quite a significant delay and time to their East to West trade journeys.” said Christian Roeloffs, cofounder and CEO, Container xChange, a prominent online container logistics platform for container trading and leasing. 

Container xChange reported about the potential disruptions and implication on the Suez Canal in October this year right after the start of the Israel – Hamas – Palestine conflict. 

“Now the shares of shipping lines have jumped in anticipation of a post-COVID disruption revival. It will all depend on how navies take this up. Egypt has a significant commercial interest in the functioning of the Suez Canal as it is one of the main revenue drivers and if the diversion happens then it will have a significant impact there.” Roeloffs added. 

“As of now, the traffic at the Suez Canal and the Red Sea looks healthy but that can turn around very quickly. If we go by history, then the situation of the Ever Given did create a lot of traffic jam a few years ago, the repercussions of which were felt for months.” added Roeloffs.  

Potential Impact on Container Shipping

“About 30% of Israeli imports come through the Red Sea on container vessels that are booked two to three months in advance for consumer or other products, meaning that if the voyage will now be extended, products with a shelf life of two to three months will not be worthwhile importing from the Far East,” said Yoni Essakov, who sits on the executive committee of the Israeli Chamber of Shipping. “Importers will need to increase stock due to the uncertainty and pay much more and others will lose out on their markets as time to market is not competitive.” Essakov added. 

  • Service Disruptions:
      • Vessel schedules may face disruptions due to route changes and heightened security measures.
      • Delays in shipments through both the Suez and Panama Canals could affect delivery timelines.
  • Increased Costs:
      • War risk premiums are likely to rise, affecting carriers and potentially leading to increased freight costs.
      • Alternative routes, such as the longer Cape of Good Hope, may incur higher operational expenses.
  • Trans-Pacific Trade Dynamics:
    • The closure of the Panama Canal may shift market dynamics, impacting routes and cargo volumes.
    • The West Coast is expected to regain market share as carriers adjust their strategies.

“The Red Sea, especially with the Suez Canal, is like a superhighway for shipping containers, connecting different parts of the world, particularly Europe, Asia and Africa. However, recent disruptions are poised to escalate operational costs, adding significant strain, while concurrently exerting downward pressure on profits. It marks a disheartening beginning to the strategic planning for the year 2024,” expressed Christian Roeloffs.

 The Red Sea trade route is strategically significant due to its role in connecting the Mediterranean Sea to the Indian Ocean, providing a shortcut for ships traveling between Europe and the countries in Asia and Africa. The 193-km long canal accounts for 12 percent of global trade, including 30 percent of all container movement. A huge amount of Europe’s energy supply, palm oil and grain come through the Suez Canal Waterway which also gets impacted by these attacks and subsequently by the disruptions thereafter. 

Recommendations for Container xChange Users:

  • Monitor Shipments Closely:
      • Stay updated on the status of your shipments and vessel schedules.
      • Be prepared for potential delays and adjustments to delivery timelines.
  • Evaluate Cost Implications:
      • Assess the potential impact of rising war risk premiums on freight costs (freight rates have already shot up by 20% as reported by Xeneta).
      • Consider alternative routes and their associated operational expenses.
  • Communication with Partners:
    • Maintain open communication with shipping partners to stay informed about changes.
    • Collaborate closely with carriers to address any specific concerns or requirements.
south carolina

South Carolina Ports Accelerates Rail Expansion for Seamless Supply Chain Connectivity

South Carolina Ports is making strategic investments in its rail capabilities to foster growth in the Southeast, with construction underway at the Navy Base Intermodal Facility. Scheduled to open in July 2025, this near-dock, rail-served cargo yard aims to expedite goods to market, bolster port capacity, and elevate overall service quality.

The intermodal yard will be served by both Norfolk Southern and CSX, establishing a direct link between SC Ports’ Charleston port terminals and rail-connected inland ports in Greer and Dillon. This connectivity extends to markets in the Southeast and Midwest, enhancing the fluidity and reliability of the supply chain.

Key features of the facility include 78,000 linear feet of railroad track, six rail-mounted gantry cranes facilitating container movements between CSX and Norfolk Southern trains, and a one-mile dedicated drayage road for efficient cargo transport to and from Leatherman Terminal. Additionally, a future barge will facilitate container transportation between the Leatherman and Wando Welch terminals.

Supported by $550 million in state funding, these critical infrastructure projects aim to accommodate a 1 million lift capacity and handle trains exceeding 14,000 feet. The rail-served cargo yard is poised to play a pivotal role in streamlining the movement of goods along the U.S. East Coast.

SC Ports President and CEO Barbara Melvin expressed gratitude for the state’s support, emphasizing that these investments will empower port-dependent businesses, create jobs across the state, and enhance the overall success of the supply chain.

In addition to the Navy Base Intermodal Facility, SC Ports is extending its commitment to rail expansion by investing in the expansion of Inland Port Greer. This expansion will enable the inland port to handle longer trains and accommodate a 50% increase in cargo capacity. Inland Ports Greer and Dillon demonstrated robust performance, handling a combined 19,232 containers in November, reflecting a significant 48% year-over-year increase.

While container volumes experienced a slight decline in November, SC Ports demonstrated strength in the vehicle sector, with 21,821 vehicles crossing its docks. Vehicles are up 16% fiscal-year-to-date, showcasing the port’s agility and flexibility in serving the Southeast market.

As South Carolina Ports continues to fortify its rail infrastructure, these initiatives are set to significantly enhance supply chain efficiency and reliability across the U.S. East Coast.