Investments

Investments create huge alternatives for port, CEO says

The Leatherman terminal opened earlier this 12 months in North Charleston offering additional capability to Charleston’s port operations. Photograph by S.C. Ports Authority.

Employees studies  |  Current investments so as to add a berth, enhance cargo capability and deepen Charleston harbor present important alternatives for the Port of Charleston, stated Jim Newsome, the president and CEO of the S.C. Ports Authority who introduced his retirement throughout an annual report card final week concerning the company. 

“The numerous challenges within the international provide chain current a possibility for cargo homeowners to diversify the port gateways they use to maneuver items,” Newsome stated in a information launch. “S.C. Ports has the berth availability, cargo capability and fluidity to deal with the document cargo volumes and unprecedented quantity of retail imports flowing into the Port of Charleston.”

Newsome has led an unprecedented port growth since he joined the company about 13  years in the past.  The $1 billion Part One in every of Hugh Ok. Leatherman Terminal opened in March 2021, marking the primary container terminal to open within the U.S. in additional than a decade and the one new container terminal capability deliberate within the U.S. till 2030.

Barbara Melvin, who at present serves as Newsome’s second-in-command, will take over port operations on July 1.  She would be the first feminine chief of a serious U.S. port and reportedly will earn a $500,000 annual wage.

Newsome stated shifts in client spending towards retail and residential items throughout the pandemic spurred a increase in retail imports coming into the U.S.  That led to S.C. Ports reaching a document fiscal 12 months 2021 and a document first quarter of fiscal 12 months 2022 for containers dealt with.

“Capability is the brand new port forex, and SC Ports has the proper capability on the proper time to fulfill retailers’ must hold freight shifting,” Newsome stated. “We now have invested greater than $2 billion in recent times to boost current infrastructure and open a brand new container terminal.”

In different current information:

State to get COVID-19 vaccines for youths subsequent month.  Youngsters ages 5-11 ought to begin receiving Pfizer COVID-19 photographs within the first week of November, in accordance with state well being officers. The state expects to obtain 150,000 doses of the lower-dose photographs subsequent month. Additionally Wednesday, federal officers backed booster photographs from Johnson & Johnson and Moderna — and stated it was OK to combine or match boosters.  Extra: The State  |  The New York Occasions.

SC GOP’s October convention broadcasts headliners.  U.S. Sen. Tim Scott, former White Home doctor Ronny Jackson, U.S. Rep. Kat Cammack, and GOP media persona Armstrong Williams, a local of Marion, will converse on the South Carolina GOP’s inaugural motion convention held later this month in Myrtle Seaside. Extra: The Publish and Courier.

S.C. incumbents rake in money forward of 2022. Every incumbent U.S. Home member and senator of South Carolina ended the 12 months’s third fundraising quarter — from July to September — with more cash within the financial institution, in accordance with information from the Federal Election Fee. Extra: The State.

Ethics criticism towards S.C. fed decide despatched to particular committee.  A judicial ethics criticism towards U.S. District Choose Joe Dawson, a Trump appointee who serves in South Carolina, over a contract he signed along with his former employer Charleston County will probably be despatched to a particular committee of judges for additional investigation after an Oct. 19 order by 4th Circuit Court docket of Appeals Chief Choose Roger Gregory. The criticism was filed on the heels of a Publish and Courier story in February that reported on the contract Dawson signed with Charleston County as he departed for the federal bench. Extra: The Publish and Courier.

Uncommon songbird found in S.C. declared extinct.  For many years, birders within the Lowcountry have trekked out and in of forests and wetlands trying to find the Bachman’s warbler, one in all North America’s rarest songbirds. It’s now been deemed extinct. Extra: The Publish and Courier.

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