From a financial standpoint, South Carolinas public port system is very healthy, said David J. Posek, the SCSPAs chairman. These strong numbers allow us to cover the costs of current operations along with the new container terminal in North Charleston. That is good news for both our customers and the people of South Carolina. Posek said the SCSPAs current fiscal position will enable it to cover the remaining state matching funds for the recently completed harbor-deepening project, as well as any shortfall in funding for the Port Access Road serving the new Navy Base Terminal. Posek said the SCSPA will cover the balance of the costs for the deepening, along with any additional funds that might be necessary to complete a 1.5-mile road connecting I-26 to the 280-acre container terminal under construction. State and federal dollars already allocated to the Port Access Road total more than $182.5 million, plus approximately $7 million in interest.