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SC Ports Handles nearly 3 Million TEUs in 2022 Infrastructure Investments Support Economic Growth

January 22, 2023
in Trading
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SC Ports Handles nearly 3 Million TEUs in 2022 Infrastructure Investments Support Economic Growth
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South Carolina Ports had a record 2022 with the most containers ever handled at the Port of Charleston.

SC Ports moved nearly 2.8 million TEUs (twenty-foot equivalent units) in 2022, a 1.5% increase over 2021. When accounting for containers of any size, SC Ports moved more than 1.5 million pier containers in 2022, a 1% increase from 2021.

With the resumption of cruises, SC Ports had 261,636 cruise passengers come through the Passenger Terminal last year.

SC Ports moved 199,343 vehicles across the docks of Columbus Street Terminal in 2022, further connecting South Carolina’s automakers with global consumers.

Inland Port Greer and Inland Port Dillon handled a combined 167,147 rail moves in 2022, enabling more companies throughout the Southeast to quickly move goods to and from the port via rail.

Booming business in SC

South Carolina’s economy is booming as companies make big investments to expand operations and open new facilities to take advantage of the state’s strong business climate, excellent workforce, expansive infrastructure network and world-class port.

In 2022, the South Carolina Department of Commerce secured more than $10 billion in total capital investment from companies establishing or expanding operations in South Carolina. This record investment amount represents 120 projects and more than 14,000 announced new jobs.

Many of these economic development wins are port-dependent businesses that rely on SC Ports to import goods for production and export products for overseas consumption.

Strong infrastructure in SC

With great support from the state, SC Ports has invested more than $2 billion into port infrastructure in recent years to support the state’s booming business sector. Combined with port funding and state funding, SC Ports plans to spend an additional $2.5 billion over the next decade.

Investments thus far have yielded modernized container terminals with ample capacity, the deepest harbor on the East Coast at 52 feet and a strong rail-served inland port network.

Construction is now underway on SC Ports’ Navy Base Intermodal Facility, a modern cargo yard in North Charleston that will by rail-served by CSX, Norfolk Southern and Palmetto Railways. Creating near-dock rail at the Port of Charleston will make South Carolina more competitive as an import gateway to the United States.

SC Ports is also developing an inner-harbor barge operation to support the Navy Base Intermodal Facility; it will transport cargo between container terminals via water.

The SC Legislature and Governor Henry McMaster allocated $550 million to build the rail yard and barge operation.

Beyond the port, containers need to move fluidly on highways to reach their destinations — whether that may be a rail yard, manufacturing facility, import distribution center, retail store or a resident’s doorstep.

Critical infrastructure investments are happening around the state to support the state’s supply chains. The South Carolina Department of Transportation has significantly increased investments to the state’s transportation network, spending nearly $4 billion in construction contracts in 2022.

About South Carolina Ports Authority

South Carolina Ports Authority, established by the state’s General Assembly in 1942, owns and operates public seaport and intermodal facilities in Charleston, Dillon, Georgetown and Greer. As an economic development engine for the state, Port operations facilitate 225,000 statewide jobs and generate nearly $63.4 billion in annual economic activity. SC Ports is soon to be home to the deepest harbor on the U.S. East Coast at 52 feet. SC Ports is an industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. Please visit www.scspa.com to learn more about SC Ports.

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