1 / 21

OCDC SUMMIT | 11/12/08

OCDC SUMMIT | 11/12/08. Presentation Overview. The Current Situation Major Trade Industry Issues Importance of Port Capacity. Charleston’s Situation. Charleston is a Major Port Sixth busiest US seaport in cargo value in 2007 Volume doubled since ‘93 Record Productivity Deeper Water

rusti
Download Presentation

OCDC SUMMIT | 11/12/08

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. OCDC SUMMIT | 11/12/08

  2. Presentation Overview • The Current Situation • Major Trade Industry Issues • Importance of Port Capacity

  3. Charleston’s Situation • Charleston is a Major Port • Sixth busiest US seaport in cargo value in 2007 • Volume doubled since ‘93 • Record Productivity • Deeper Water • Despite Near-Term Challenges, Opportunity • Now’s the time to prepare

  4. Major Trade Industry Issues • Expanding Trade • Growing SE Population • West Coast Problems = East Coast Opportunity • Bigger Ships…Panama and Suez

  5. Top Importers and ExportersU.S. Foreign Trade Via Container Source: Journal of Commerce, May 28, 2007

  6. Top Importers and ExportersU.S. Foreign Trade Via Container Source: Journal of Commerce, May 28, 2007

  7. New Port Capacity is Vital • Bridge, Deepening • Improvements to Existing Terminals • Navy Base • Jasper

  8. Port Expansion Status • Permits in Hand • Four years, $5 million in studies (5,000 pages) • Nine state and federal agencies signed off • Largest mitigation package in SC history • Additional voluntary efforts • Work is Underway • Tenants vacated, land transferred • Test embankments, demolition complete • Hired site prep construction management firm • Detention pond, marina road nearing completion • Financing in Place • $182.5M for Port Access Road • Terminal 100% internally-funded

  9. Presentation Review • We’re well positioned. • S.C., The Port, Orangeburg County • Must leverage the “Big Three.” • Draft Advantages, Growing Trade, DCs • New port capacity is essential.

More Related