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176 Concord Street, P.O. Box 22287, Charleston, SC 29413-2287
Contact: Erin Dhand, Manager, Corporate Communications and Community Affairs
Telephone: 843-577-8121 • Fax: 843-577-8127 • e-mail: EDhand@scspa.com


FOR IMMEDIATE RELEASE
10/17/2006

SCSPA Approves Contracts, Sale of Degaussing Station

Charleston, SC - The Board of the South Carolina State Ports Authority (SCSPA) today approved several terminal improvement contracts.

About 50 acres of existing container yard in the Maersk area at the Wando Welch Terminal will be modified to allow a grounded operation (Charles Blanchard Construction Corp., $723,727). These changes will help serve six of 16 new RTGs that were purchased from Konecranes and are currently being assembled on-terminal. The first two units were delivered last month.

The SCSPA will also hire a company to provide design and construction support services for the development of a new 25-acre refrigerated container yard at the Wando Welch Terminal (O'Neal, Inc., $274,600). Subsequent construction of the project will allow the two existing reefer areas on terminal to be consolidated and will boost utilization of the container yard.

In other action the Board approved new lighting on piers Mike and Zulu at Veterans Terminal (Wolff & Son Electric, Inc., $244,960), construction of a new rail switch at the Port of Georgetown (Bullock Construction Co., $450,000) and installation of a new HVAC chiller at the Main Office (Smith & Associates, $233,700).

The SCSPA Board also approved a resolution authorizing the sale of the former U.S. Navy Degaussing Station in downtown Charleston for $5,250,000. The property is near the tip of historic downtown Charleston and is between two of the city's signature public spaces - the Battery and Waterfront Park.

Ten bids were submitted on the property, which sits on Charleston Harbor and includes a 4,065-square foot building and 0.6 acres of land. Current zoning considers up to two residential units for the property. Request for proposals were requested in July and were due by October 5. Consistent with state law, details of the proposed sale will be made available after the deed is executed.