State and federal politicians joined with executives from major companies to celebrate a deal that promises to deepen Charleston Harbor. The legislation would deepen the harbor by 52 more feet to ensure the city can continue to host large container ships for years to come.
State Senator Larry Grooms of the review and oversight committee for the state ports authority explained the deal came about due to the cutting of red tape. He added the idea came to him from a conversation he had with the administrator of the Panama Canal a decade ago, who told him if the U.S. did not streamline its regulations, it would kill the country. Grooms said that spurred him to break through the red tape in order to speed up the process.
Executives from companies like BMW and Volvo said Charleston Harbor is critical to jobs. The president of Michelin North America said without the port in Charleston, his company would not be in South Carolina. One of the state’s U.S. Senators, Lindsey Graham, said one in eleven jobs in the state can be directly traced to the activity at Charleston Harbor. Your text to link…
Jim Newsome, CEO for Charleston Harbor, said the work to deepen the harbor will cost $509 million. The state’s portion of that funding is ready to go, all that remains is the federal portion of the money. Newsome said he is hopeful that the deepening work can begin by the end of the year. According to Network Global Logistics, Charleston is the tenth busiest port in the United States of America.