In the latest twist to a storyline that would keep General Hospital fans on the edge of their seat, the State Port Authority (SC), the International Longshoreman’s Association and APM Terminals may have found an acceptable solution to keep Maersk at the port.  While the specific details have not been released, the basic terms of the proposal was agreed upon last week by all three parties.  At a macro level, the proposal calls for Maersk to use less space and equipment at their current Wando Welch Terminal location.  This should represent enough of a cost savings to keep Maersk’s Charleston operations profitable.  The implication is also that Maersk would use less labor in their paired down operations, but that has been conspicuously absent from any reports.

The final proposal will be formally presented this week in Charlotte and we should have further details then.  Stay tuned…