ocdc summit | 11/12/08

OCDC SUMMIT | 11/12/08OCDC SUMMIT | 11/12/08

OCDC SUMMIT | 11/12/08

Presentation Overview

The Current Situation

Major Trade Industry Issues

Importance of Port Capacity


Charleston is a Major Port Sixth busiest US seaport in

cargo value in 2007 Volume doubled since ‘93

Record Productivity

Deeper Water

Despite Near-Term Challenges, Opportunity

Now’s the time to prepare

Charleston’s Situation


Major Trade Industry Issues

Expanding Trade

Growing SE Population

West Coast Problems = East Coast Opportunity

Bigger Ships…Panama and Suez


Top Importers and ExportersU.S. Foreign Trade Via Container

Top Importers (000s TEU) Top Exporters (000s TEU)

1 Wal-Mart America Chung Nam

2 Target Weyerhaeuser

3 Home Depot DuPont

4 Sears Koch Industries

5 Dole Cargill

6 Lowe’s International Paper

7 Costco Dow Chemical

8 LG Group Proctor & Gamble

9 Philips Electronics MeadWestvaco

10 Chiquita Allan Co.

Source: Journal of Commerce, May 28, 2007


New Port Capacity is Vital

Bridge, Deepening

Improvements to Existing Terminals

Navy Base

Jasper


Port Expansion StatusPermits in Hand

Four years, $5 million in studies (5,000 pages)Nine state and federal agencies signed offLargest mitigation package in SC historyAdditional voluntary efforts

Work is UnderwayTenants vacated, land transferredTest embankments, demolition completeHired site prep construction management firmDetention pond, marina road nearing completion

Financing in Place$182.5M for Port Access RoadTerminal 100% internally-funded


Presentation Review

We’re well positioned.

S.C., The Port, Orangeburg County

Must leverage the “Big Three.”

Draft Advantages, Growing Trade, DCs

New port capacity is essential.

ocdc summit | 11/12/08

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