North Charleston, SC (AP) - The head of the South Carolina Ports Authority says the ports have bounced back to container volumes similar to before the Great Recession.
But authority president and CEO Jim Newsome said Monday in his annual State of the Port address that the ports are in the second inning of a nine-inning baseball game and revenues must grow faster than at other ports to succeed.
Newsome told representatives of the state's maritime industry in North Charleston that $2 billion is being invested in capital projects over a decade.
Work includes deepening Charleston Harbor, a container terminal in North Charleston and the inland port recently opened in Greer.
Also on the list is $85 million to upgrade the Wando Terminal in Mount Pleasant to handle a new generation of larger container ships.