News: Statement on Establishment of State Ports Authority Harbor Deepening Reserve Fund by House Ways and Means Committee

“We are most appreciative of the members of House Ways and Means Committee for recognizing the importance of our state’s harbors by establishing the State Ports Authority Harbor Deepening Reserve Fund. Modernizing our harbors is essential to meet the demands of global trade and to fulfill the Ports Authority’s mission of fostering economic activity and job creation in our state.

The Charleston Harbor Deepening Project offers the best value for a true post-Panamax harbor in the entire Southeast region, and we commend the Ways and Means Committee for their strong support for a deepened shipping channel in Charleston.”

Bill Stern, Chairman

Jim Newsome, President and CEO

South Carolina Ports Authority

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