Charleston’s harbour deepening project
(Posted on 15/06/18)
The US Army Corps of Engineers (USACE) has announced $49m for the Charleston Harbour Deepening Project in the Fiscal Year 18 Work Plan, critical funds that will be coupled with financial support from the State of South Carolina to further the progress of deepening the Charleston Harbor to 52ft.
"This funding is great news for continued construction activities and timely awarding of dredging contracts for the Charleston Harbor Deepening Project," said Bill Stern, SCPA Board Chair. Construction to deepen the Charleston Harbor Entrance Channel began in February following the awarding of the first two dredging contracts, totalling $260m, by USACE.
"The deepening of the Charleston Harbor is one of the most important strategic priorities for the State of South Carolina," said Jim Newsome, SCPA president and CEO. "The Southeast needs a 52ft harbour to efficiently handle the large container ships now calling the East Coast. There are four other harbours on our coast at 50ft of depth, and such large container ships call a network of ports. The deepening of major U.S. ports is a significant element of the overall investment thesis across the port industry nationwide, and by 2021 SCPA and the State will have invested over $2 billion in port infrastructure to support the growth of both population and manufacturing in South Carolina and the Southeast region."
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