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Monday, March 31, 2008
The Southeast sets the pace
The Southeast Sets the PaceA recent study of the commercial real estate market throughout the U.S. put the Southeast ahead of all other regions, according to the Society of Industrial and Office Realtors’ (SIOR) year-end 2007 Commercial Real Estate Index. **********The North Carolina State Ports Authority meanwhile, has also experienced a jump in freight from Asia, and is preparing for more. Already, major terminal expansion has been completed with the addition of four new 100-foot gauge container cranes, nine new container handlers, and a new terminal operating system that is facilitating a high-velocity operation and increased container throughput.
Furthermore, NC Ports has invested in electric container cranes at the Port of Wilmington to help reduce diesel emissions, says Karen Fox, Senior Director of Communications, NC Ports. In addition, the NC State Ports Authority’s ProjectEnergy team is assessing and identifying energy and environmental conservation measures ranging from retrofitting warehouse lighting and cargo handling equipment to solar and wind-driven energy generation at the port facilities.
“The Ports Authority has also engaged discussions with potential private-sector partners for the International Port,” says Fox. The proposed North Carolina International Port, Wilmington Harbor, would be built near Southport, North Carolina. The 600 acres of underdeveloped land in Brunswick County purchased by the Ports Authority is one of a few locations along the East and Gulf Coasts suitable for expansion of a new deepwater terminal. With the dramatic growth in international trade, it is expected that by 2030 there will be over 11 million containers per year of unsatisfied demand. The North Carolina International Port will be designed to handle the largest container ships and move approximately 1.7 million containers per year. READ MORE
ABOUT THE NORTH CAROLINA STATE PORTS AUTHORITY:
North Carolina's Ports in Wilmington and Morehead City, plus inland terminals in Charlotte and the Piedmont Triad in Greensboro, link the State's consumers, businesses and industry to world markets, and serve as magnets to attract new business and industry while receiving no direct taxpayer subsidy. Port activities contribute statewide to 65,000 jobs and $500 million each year in state and local tax revenues.
Top trading partners are China, India, Brazil, So. Korea, Belgium, Taiwan, Mexico, Colombia, Great Britain and Venezuela.
Primary exports are phosphate, forest products, woodpulp, general merchandise, food products, wood chips and military.
Top imports are sulfur products, chemicals, grains, rubber, scrap metal, cement, metal products, machinery parts, ore, mica and schist.
INFORMATION:
Shannon Moody, Director of Communications (910) 343-6482 Email
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