South Carolina Port Authority
The first of three rubber-tiered gantry (RTG) crane components have arrived at the 100-acre South Carolina Inland Port in Greer.
South Carolina Port Authority
The first of three rubber-tiered gantry (RTG) components arrived by truck Monday at the South Carolina Inland Port in Greer.
The South Carolina Ports Authority is relocating three RTGs from Charleston to Greer in order to stack grounded containers in the inland port's storage yard. The first cargo is expected to arrive at the terminal in mid-October.
The SCPA reported operating revenues closed at $140.49 million for the 12-month period ending June 30. It represented seven percent more than the previous fiscal year's $130.95 million.
The SCPA’s FY2013 operating expenses were $127.77 million, leaving operating earnings of $12.72 million, which was a net gain of $5.45 million from the previous year.
"Given our aggressive capital investments over the next several years, it is essential to maintain a solid financial position and a steady stream of funds toward these important projects," said Jim Newsome, the SCPA's president and CEO.
The SCPA is two years into its 10-year, $1.3-billion capital plan that includes new equipment for handling the largest ships in the world's trade, upgrades to existing terminals, information systems and new facilities like the South Carolina Inland Port in Greer.
The largest single area of spending in the SCPA's capital plan is for the Navy Base Terminal, under construction in North Charleston. The facility's first major fill project – the $46-million upland and wall fill contract – is scheduled for completion by spring of 2014. At build out, the terminal will boost container capacity in the Port of Charleston by 50 percent.