$138M Allocated for Charleston Harbor

March 15, 2019

President Donald Trump included $138 million in his budget for the coming year to help deepen Charleston Harbor to 52 feet so it can handle larger container ships, said Charleston District of the U.S. Army Corps of Engineers.

The project, in the works since 2011, had never been included in a president’s budget until now. The U.S. Army Corps last year revised a formula that measures the project’s economic benefit, putting it above the threshold needed for consideration.

The Charleston Harbor Post 45 Deepening Project will make transportation more efficient within the harbor by allowing neo-Panamax ships to come into the port without restrictions.

Inclusion in the President’s Budget makes the Charleston Harbor Deepening Project eligible for direct appropriations by Congress through the Energy and Water Appropriations Bill this year.

“The Charleston Harbor Deepening Project is a strategic priority for South Carolina, and it will be a driver of economic development across our state and region well into the future,” said Jim Newsome, SCPA president and CEO.

“By 2021 SCPA and the state will have invested more than $2 billion in port infrastructure to support the booming growth of both population and manufacturing in the region. Our deepening project answers the need for a Southeastern port to handle 14,000 to 18,000 twenty-foot equivalent container unit (TEU) vessels drafting 50 feet or more without significant depth and other navigation restrictions,” Jim said.

Construction work began on the Charleston Harbor Entrance Channel in February 2018 following the awarding of the first two dredging contracts, totaling $260 million, by USACE. Deepening the harbor up to SCPA’s busiest container terminal, the Wando Welch, is expected by early 2021 in what will be a record construction period of only 40 months.

Logistics News

ABS Launches Eagle CRoute Containership Solution

ABS Launches Eagle CRoute Containership Solution

Justin Gress Appointed as Chief Operating Officer at HDI Global US

Justin Gress Appointed as Chief Operating Officer at HDI Global US

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Subscribe for Maritime Logistics Professional E‑News

Swiss stocks: Factors to be on the lookout for June 30
Japan's Takaichi wants deeper India-Japan ties in trade and security
Some Russian fuel prices are now over 100 roubles due to the crisis.