Ariana Lindquist/Bloomberg News
The South Carolina Ports Authority said it expects a 3.4% increase in container volume in fiscal 2015 and revenue to increase $13.2 million to $172.8 million.
The ports authority passed a 2015 fiscal plan June 18 that includes across-the board increase in container volume, operating revenue and capital investments.
“I’m confident our volumes will continue to grow above the market average,” said Jim Newsome, SCPA president. “Revenues will also increase thanks to strength across all cargo segments and success at the Inland Port.”
The plan includes an expected 9.8% increase in breakbulk tonnage at the Port of Charleston and a 0.5% rise in the Georgetown port, driven by strong performance of state manufactures, according to the port authority.