The Metro Charleston Chamber of Commerce says the expansion of the Charleston Harbor’s shipping channels will positively impact the state's manufacturing sector.
With this expansion, the port will be able to manage larger ships that have become more common through the Panama Canal. Charleston’s shipping channels are set to have an increased depth of 52 feet. The channels are currently at a 45-foot depth.
The Chamber emphasized the role that the port plays in global trade and its impacts on the economy.
“Attracting those ships will have a huge impact on South Carolina’s ability to land future manufacturing plants,” South Carolina Ports Authority Chief Executive James Newsome told The State.
He also noted that it is more costly to transport products and raw materials through land-based transport. He also stated that manufacturers are more likely to import via the sea and those that have manufacturing plants abroad will build locations near ports that can accommodate larger ships.
World Trade Center Charleston and the Maritime Association of Charleston recently hosted an event that facilitated discussions on improving import and export processes and how to expand on these. The Chamber noted that Export Charleston training will be taking place in the fall, with its sixth cohort.