India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
The South Carolina Ports Authority says its terminals handled record cargo volumes in its 2019 fiscal year with 8.8 percent in annual TEU container volume.
At South Carolina’s busiest deepwater container port, the Port of Charleston finished fiscal year 2019 strong with 9% year-over-year growth in volumes, the SCPA said.
In total, the SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) from July 2018 through June, making for an 8.8 percent increase in annual TEU container volume.
At Inland Port Greer, now in its sixth year of operation, the SCPA reported 143,204 rail moves in fiscal 2019, up nearly 22% from the prior year. In its first full year of business, Inland Port Dillon also handled 29,580 rail moves in fiscal 2019.
“SCPA’s container business had a record-setting fiscal year and our inland ports in Greer and Dillon continue to see record growth year-over-year,” SCPA president and CEO Jim Newsome said. “This accomplishment is the result of the entire South Carolina maritime community’s dedication to providing a great product to our customers.”
SCPA handled a total of 213,081 cruise passengers in fiscal 2019.
The Port handled 18,307 vehicles at Columbus Street Terminal in June for a total of 194,771 vehicles in fiscal 2019.
“The Southeast remains the best place to be in the port business with a growing population to support imports and a strong manufacturing and automotive presence to boost exports,” Newsome said. “While we expect more modest growth in fiscal 2020, we are optimistic about the future and continue to invest in our infrastructure.”
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