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Wedding & Event Venue Near Union, SC.

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Your Magic Moment Awaits

Your wedding day. Without a doubt, it's one of the most significant events you will ever experience - when you and the love of your life officially seal the deal and get married. On this day, your friends and family will gather to celebrate the next step in your life. Photographers will be running around snapping photos, catering plates delicious food for guests to enjoy, and the DJ sets the mood for a night of fun and libation. You've worked extra hard to make everything look perfect and run smoothly. You have examined every moving part down to the tiniest detail. At the center of all your effort is your wedding venue in Union, SC.

Your event space can mean the difference between an unforgettable event and an average occasion. Capturing your uniqueness as a couple is paramount to a memorable wedding. But, without the right venue location and staff, your unforgettable event can turn into a painfully average occasion. Fortunately, at Abney Hall, you won't ever have to worry about dingy reception spaces and crummy chow halls.

Constructed in Union, SC, in 1962, Abney Hall is 15,000 square feet and sits on 500 acres of land, making it a large wedding venue unlike any other. Abney Hall was originally the home of Mrs. Josephine Abney, a Union native who was a lifelong philanthropist. Mrs. Abney devoted much of her time and effort towards supporting charities, educational institutions, hospitals, and other noble efforts. Today, Abney Hall stands tall as a symbol of love, both in our community and for the couples who choose to get married here.

Abney Hall is an exclusive event experience unlike any other, surrounded by verdant forests and sparkling ponds. Our venue is a natural fit for several occasions, including:

Special Event Space Union, SC

Weddings

 Event Venue Union, SC

Bridal Showers

 Event Space Union, SC

Bridal Portraits

 Rehearsal Dinner Venue Union, SC

Rehearsal Dinners

 Bridal Shower Venue Union, SC

Corporate Events

 Business Event Space Union, SC

Much More!

 Wedding Space Union, SC

The Top Wedding Venue in Union, SC

The beginning of your life starts at Abney Hall. With our team by your side, we can create the fairy tale wedding you have dreamed about since childhood. Whether you have 100 guests or 1,000, our waterfront ceremony locations and French-inspired courtyard are perfect for your big day. Celebrate in luxurious style surrounded by shady magnolia trees, a private forest, large ponds, and the beauty of Mother Nature. While our venue location and aesthetic have been praised far and wide, so too have the practical aspects of Abney Hall. Looking for a relaxing, comfortable spot for your bridal party to get ready in? We offer an entire floor in the Abney Hall residence to get the bridal party ready. Want to make your groomsman feel extra-special too? We've got a private, plush house just feet from a sparkling pond that is a proper hangout spot for the guys in your group.

To make life easier on you, we also offer Abney Hall as your go-to spot for rehearsal dinners. Why book an expensive restaurant or travel to another location when unmatched beauty and convenience are right at your fingertips? Abney Hall is just the place for that very important dinner the night before your big day. We are also happy to host your bridal shower at Abney Hall. Our venue makes for one of Union's most unique bridal shower settings, where your family and friends can gather to give gifts and be merry before you walk down the aisle.

With such a large, magnificent house and a vast property, Abney Hall also makes for an unforgettable location for your bridal portraits and other wedding-related photography needs. Don't take our word for it - book a tour and see for yourself why so many new brides and grooms choose Abney Hall as their wedding venue in Union.

 Wedding Venue Union, SC

What Sets Abney Hall Apart from Other Wedding Venues in Union?

You've already found the person you want to spend the rest of your life beside. The next step? Finding the perfect wedding venue for your ceremony, reception, and celebration of your lifelong commitment to one another. Remember, the backdrop for photos, dancing, eating, and all other activities will be at your wedding venue. That's why we work so hard to set Abney Hall apart from our competitors - so you and your guests can focus on love and living your new life while we work with your vendors and photographers to make your magic night a reality.

Here are just a few reasons why guests choose Abney Hall as their wedding venue in Union, SC, along with some helpful tips from our experienced wedding venue staff:

Venue Size

Choosing the appropriate-sied venue for your desired guest count is a critical decision. A venue's capacity affects the number of people you need to consider having at your ceremony and reception. As you're first starting out, we recommend having a guest count in mind as you're searching for the right venue. Try to stick with that number. You may fall in love with a particular venue, but if its max capacity can't accommodate your guest count, it may be time to cross them off your list.

 Corporate Conference Hall Union, SC
Abney Hall Pro Tip

Abney Hall Pro Tip:

Keep in mind that this is your big day. You shouldn't feel obligated to invite the college roommate you shared a dorm with for one semester. At the end of the day, your wedding venue should be one that can accommodate those closest to you. Abney Hall is equipped for both small and large weddings, consisting of 500 acres of forest, ponds, and lush natural beauty. Whether you want an intimate wedding with only your best friends or a grand ceremony with hundreds of people, we have the right amount of room to make you comfortable.

Location and Nearby Lodging

On your big day, you're likely to have friends and family traveling in from other parts of the state or country. These folks will need a place to stay during and even after your wedding. Accessibility and ease are important factors when it comes to choosing your wedding venue for both you and your guests.

Located in Union, SC, Abney Hall is situated in a memorable, natural setting, giving your wedding a private vibe in the midst of Mother Nature. While we pride ourselves on having a secluded wedding event space, our venue is within an easy driving distance of hotels and vacation rentals.

Abney Hall Pro Tip

Abney Hall Pro Tip:

When you contact us for a tour, make sure to speak with our experienced venue manager about nearby hotels and shuttle service options. We understand that your guest's comfort and convenience are important, and we're happy to work with you to figure out the best way to get your guests to Abney Hall.

Venue Staff

At Abney Hall, our staff has earned its reputation as one of the industry's most friendly, accessible teams. We will provide you with a purpose-minded point of contact that can help answer questions relating to timelines, preferred vendors, and every aspect of your wedding. When you tour our wedding venue in Union, SC, for the first time, we want you to feel like you have all the information you need to make an informed purchasing decision.

We would be happy to go over:
  • Venue Pricing
  • Ceremony Specifics
  • Reception Specifics
  • Catering Possibilities
  • Decorating Possibilities
  • Entertainment Options
  • Photography and Photo Opportunities
  • Venue Amenities
  • Bridal Party Needs
  • Groomsman Needs

At Abney Hall, our goal is to be your first resource when it comes to setting up and coordinating the details of your wedding day.

Decor

When it comes to your wedding's decor, you probably already have a few ideas in mind. We love it when our brides and grooms have a vision in mind because one of our greatest joys is turning that vision into a reality. At Abney Hall, our team is available to help you and your decorator fit, accent, and accommodate your fairy-tale wedding - whatever that may be.

Are you looking to dress up your wedding with decorations galore? Just want to add a few accents that tie into your preferred color palette? Abney Hall is versatile and ready to help however we are able.

 Reception Hall Union, SC
Abney-Hall-Pro-Tip

Abney Hall Pro Tip:

If you're thinking about bringing in your own greenery, lighting, floral pieces, and more, we recommend discussing your vision with us on your initial tour of our event space. That way, we can get a head start on making your big day exactly how you envision it.

Photo Opportunities

10 years from now, when you and your spouse are celebrating your anniversary, you will pull out photographs from your wedding and will reminisce about the unforgettable time you spent at Abney Hall. Your wedding photos will be with you forever, and as such, we work closely with you and your photographer to suggest extra-special photo op spots that you can only find on Abney Hall grounds.

From the grand staircase and French-inspired courtyard to our manicured gardens and lovely pond, there is no shortage of photo-op locations for your photographer to choose from. As one of the most popular wedding venues in Union, SC, we have worked with dozens of photographers over the years.

Our experience has allowed us to cultivate a list of preferred photographers - all of whom have the talent to take your pictures to the next level in a setting they're familiar with. We encourage you to check out our gallery to get a sense of the scope of our wedding venue and gain inspiration from other happy couples.

Abney-Hall-Pro-Tip

Abney Hall Pro Tip

The gallery on our website is extensive but be sure to check out our Facebook and Instagram pages as well. We keep our social pages updated with recent wedding photographs, giving you an incredible resource that you can use for your own photography purposes.

Special Event Space Union, SC

The Premier Corporate Event Venue in Union, SC

Abney Hall is known across the United States for our stunning weddings, but we also play host to some of the largest corporate events in South Carolina. Why choose a bland, lifeless meeting space when you can enjoy the beauty of Mother Nature coupled with a professional atmosphere? If you have an important team-building event or corporate conference that you have to coordinate, look no further than Abney Hall.

The epitome of class and style, our corporate event space is large, lavish, and chock-full of onsite amenities for you and your co-workers to enjoy. If your team needs a morale boost, don't bring them to the local Olive Garden for a cheap lunch. Treat them to a refreshing experience in our main dining room, where we can work with you to incorporate your catering options with the goals of your event.

When the hard work is done, and your team needs a breather, what better way to relax than with a quick dip in our pool? To burn off a little steam, head over to our brand-new tennis court - the perfect place to get some exercise in an ultra-private setting while you enjoy the sights and sounds of nature. Don't forget to bring your fishing poles for a couple of hours of fishing. There's even an opportunity to go hunting if you wish.

 Event Venue Union, SC

Elegance at Its Finest - Only
a Phone Call Away

If you're ready to learn more about Abney Hall as your wedding venue, don't hesitate to reach out. We would love to hear more about your plans, your vision, and your needs. We know that planning a wedding isn't easy. It takes time, attention to detail, and a whole lot of patience. Our goal is to help provide you with all the info you need to learn more about our venue. Once you decide on a date, we'll work closely with you and your vendors to craft a wedding experience that you will treasure for the rest of your life.

Our available dates for your big day are going quick, especially during peak seasons like spring and fall. We look forward to hearing from you soon!

Contact us today for a FREE initial consultation
 Event Space Union, SC

Latest News in Union, SC

Girls ECNL Announces CL Playoff Groups

The 2022 ECNL National Playoffs are set to take place from June 22-29 at Sixty Acres Park in Redmond, Washington.It makes the final stretch of the ECNL Girls 2021-22 ECNL campaign, with Under-13 through Under-17 teams deciding which teams will advance to the National Finals in Richmond, Va. The Under-19 squads will wrap up the season with 16 teams contesting a knockout tournament.Below are the draws for the Champions League groups and knockout matches at this year’s ECNL Playoffs in the Seattle area.U13...

The 2022 ECNL National Playoffs are set to take place from June 22-29 at Sixty Acres Park in Redmond, Washington.

It makes the final stretch of the ECNL Girls 2021-22 ECNL campaign, with Under-13 through Under-17 teams deciding which teams will advance to the National Finals in Richmond, Va. The Under-19 squads will wrap up the season with 16 teams contesting a knockout tournament.

Below are the draws for the Champions League groups and knockout matches at this year’s ECNL Playoffs in the Seattle area.

U13

Group A: Match Fit Academy, Alabama FC, KC Athletics, Charlotte SA

Group B: Solar SC, Real Colorado National, FC Stars Blue

Group C: UFA, Michigan Hawks, MVLA, Beach FC

Group D: Crossfire Premier, FC Prime, San Diego Surf, Ohio Premier

Group E: Internationals SC, World Class FC, Concorde Fire Platinum, Charlotte Independence

Group F: Loudoun SC, Slammers FC HB Koge, Seattle United, Challenge SC

Group G: SUSA, Legends FC, Santa Rosa United, Pipeline SC

Group H: Eclipse Select, PDA Blue, Tennessee SC, Washington Premier

Group I: So Cal Blues, DKSC, GSA, Utah Avalanche

Group J: SLSG Navy, Richmond United, Portland Thorns Academy, Ohio Elite SA

Group K: San Juan SC, FC Dallas, Eagles SC, Minnesota Thunder Academy.

U14

Group A: Solar SC, Penn Fusion, Concorde Fire Premier, KC Athletics

Group B: Real Colorado National, San Diego Surf, Indiana Fire Academy, Sting Austin

Group C: So Cal Blues, SLSG Navy, MVLA, DKSC

Group D: FC Stars Blue, Slammers FC HB Koge, Carolina Elite Soccer Academy, La Roca Premier

Group E: Eclipse Select SC, GSA, Eastside FC, Connecticut FC

Group F: PDA Blue, Arlington SA, Alabama FC, Sporting CA Arsenal

Group G: Concore Fire Platinum, Michigan Hawks, Mustang SC, Pipeline SC

Group H: Richmond United, Washington Premier, Eagles SC, Minnesota Thunder Academy

Group I: Tennessee SC, De Anza Force SC, Legends FC, World Class FC

Group J: San Juan SC, Virginia Development Academy, Beach FC, Internationals SC

Group K: Crossfire Premier, Sting Dallas Black, NC Courage, WNY Flash

U15

Group A: Solar SC, Connecticut FC, Real Colorado National, Wilmington Hammerheads FC

Group B: Slammers FC HB Koge, Eclipse Select, Cleveland Force, Eastside FC

Group C: World Class FC, Beach FC, KC Athletics, Utah Avalanche

Group D: San Juan SC, NC Courage, Sporting Blue Valley, Phoenix Rising

Group E: Concorde Fire Platinum, Legends FC, DKSC, Seattle United

Group F: Virginia Union FC, Crossfire Premier, Slammers FC, Penn Fusion

Group G: Internationals SC, Loudoun SC, FC Dallas, SUSA

Group H: PDA Blue, SLSG Navy, Indiana Fire Academy, La Roca

Group I: Michigan Hawks, FC Stars Blue, Orlando City, Mustang SC

Group J: MVLA, UFA, San Diego Surf, Richmond United

Group K: Jacksonville FC, Match Fit Academy, OK Energy, Tennessee SC

U16

Group A: Solar SC, Charlotte SA, FC Bucks, Ohio Premier

Group B: World Class FC, UFA, So Cal Blues, Davis Legacy

Group C: Internationals SC, Sporting Blue Valley, OK Energy, Virginia Union

Group D: Slammers FC HB Koge, NC Fusion, SUSA FC, Ohio Elite SA

Group E: SLSG Navy, Legends FC, Connecticut FC, Washington Premier

Group F: Concorde Fire Platinum, MVLA, Slammers FC, KC Athletics

Group G: Colorado Rapids, Bethesda SC, LAFC So Cal, Tampa Bay United

Group H: PDA Blue, DKSC, San Juan SC, MTA

Group I: Virginia Development Academy, Eclipse Select SC, Rebels SC, Northwest Elite FC

Group J: La Roca Premier, San Diego Surf, Penn Fusion, FC Alliance

Group K: FC Dallas, Crossfire Premier, NC Courage, GSA

U17

Group A: World Class FC, Tennessee SC, FC Dallas, Northwest Elite

Group B: Real Colorado National, Sporting Blue Valley, UFA, Ohio Elite SA

Group C: San Diego Surf, Mustang SC, MTA, Wilmington Hammerheads FC

Group D: Internationals SC, FC Stars, Portland Thorns, Charlotte SA

Group E: KC Athletics, Slammers FC HB Koge, OK Energy FC, Ohio Premier

Group F: Solar SC, SLSG Navy, Utah Royals FC-AZ, NC Courage

Group G: PDA Blue, Crossfire Premier, Albon Hurricanes FC, Strikers FC

Group H: GSA, La Roca Premier, Kings Hammer, Richmond United

Group I: NC Fusion, MVLA, Florida Krush, Sporting CA Arsenal

Group J: Beach FC, DKSC, Davis Legacy, Pipeline SC

Group K: Michigan Hawks, Penn Fusion, Florida Elite, PDA White

U18/19 Playoffs

No. 1 Real Colorado National vs. No. 16 DKSC

No. 9 Legends FC vs. No. 8 MVLA

No. 5 Concorde Fire vs. No. 12 Eclipse Select

No. 13 UFA vs. No. 4 Beach FC

No. 3 Michigan Hawks vs. No. 14 Ohio Elite SA

No. 11 Slammers FC HB Koge vs. No. 6 Charlotte SA

No. 7 Internationals SC vs. No. 10 Eastside FC

No. 15 Richmond United vs. No. 2 Solar SC

Union authorizes Atlantic City casino strike next month

ATLANTIC CITY, N.J. (AP) — Atlantic City casino workers on Wednesday authorized their leaders to call a strike against the gambling houses if new contracts are not reached by the beginning of July.Members of Local 54 of the Unite Here union authorized their negotiating committee to call a July 1 strike against the Borgata and the three casinos owned by Caesars Entertainment — Caesars, Harrah’s and Tropicana — and a July 3 strike against Hard Rock if new deals are not in place by then.Union president Bob ...

ATLANTIC CITY, N.J. (AP) — Atlantic City casino workers on Wednesday authorized their leaders to call a strike against the gambling houses if new contracts are not reached by the beginning of July.

Members of Local 54 of the Unite Here union authorized their negotiating committee to call a July 1 strike against the Borgata and the three casinos owned by Caesars Entertainment — Caesars, Harrah’s and Tropicana — and a July 3 strike against Hard Rock if new deals are not in place by then.

Union president Bob McDevitt said 96% of the “several thousand" union members who cast ballots did so in favor of authorizing a strike.

“The industry better not take this lightly,” he told a cheering ballroom of union members after the vote. “This is a no (B.S.) thing.”

Contracts expired over two weeks ago and talks have yet to reach a new deal.

The “yes” vote will not result in an immediate strike. It simply gives the union’s negotiating committee, comprised of workers from all nine casinos, the power to call a strike.

Spokespeople for Caesars Entertainment and Hard Rock declined comment, while executives from other casinos did not immediately respond to requests for comment.

McDevitt said the union has so-called “me-too” agreements with Bally's and the Ocean Casino Resort specifying that they will honor the terms of contracts reached with the city's larger properties. That effectively guarantees those two casinos will not be struck, he said.

“Bally's and Ocean are in the green zone, Resorts and Golden Nugget are in the yellow zone and the rest are in the red zone,” he said.

Union members said they are ready to walk out if the call comes.

“We are fighting for economics across the board, for all job classifications,” said Ruth Ann Joyce, a bartender at the Harrah's and Hard Rock casinos, and a veteran of Atlantic City labor wars. She worked at the Showboat when it closed in 2014, one of four casinos to go belly-up that year.

The union says it is seeking “significant” wage increases in the next contract to help workers deal with financial setbacks caused by the coronavirus pandemic and rapidly rising prices.

“Historically our fights in general have dealt with health care,” Joyce said. “This go-round, it's about economics. We can't find workers because there's no money, and it's hard to hold onto the workers we do have because they can go somewhere else and make more.”

Rodney Mills, a housekeeper at Tropicana, said he is ready to strike if need be.

“Things are really hard right now,” he said after casting his ballot at the Atlantic City Convention Center. “We need a livable wage to survive.”

The labor dispute comes at an uncertain time in Atlantic City: The casinos and their online partners are collectively making more money now than before the pandemic hit.

But the casinos say those statistics are misleading because they get to keep only about 30% of online and sports betting money, with the rest going to their third-party partners. They say that in-person revenue won from gamblers is the crucial metric, and not all the casinos have surpassed their pre-pandemic levels.

The union went on strike in 2004 for 34 days, and walked out against the former Trump Taj Mahal casino in July 2016, which ended with the casino shutting down in October of that year. It has since reopened under different ownership as the Hard Rock.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

SC reverses CA ruling on credit card case

MANILA – The Supreme Court (SC) has reversed a ruling by the Parañaque court ordering a bank to pay damages to an individual credit card holder who accused the bank of negligently handling his account causing him embarrassment when the card was declined when he used it at a restaurant.In its 16-page decision written by Associate Justice Ramon Paul Hernando and uploaded online on June 2, the high court reversed the Court of Appeals’ decision in the case filed by Rex G. Rico against the Union Bank of ...

MANILA – The Supreme Court (SC) has reversed a ruling by the Parañaque court ordering a bank to pay damages to an individual credit card holder who accused the bank of negligently handling his account causing him embarrassment when the card was declined when he used it at a restaurant.

In its 16-page decision written by Associate Justice Ramon Paul Hernando and uploaded online on June 2, the high court reversed the Court of Appeals’ decision in the case filed by Rex G. Rico against the Union Bank of the Philippines with the SC setting aside both the RTC’s PHP500,000 award and the CA order for the bank to pay a reduced amount of PHP60,000 in damages and attorney’s fees.

Rico in 2006 filed a complaint for damages before the Paranaque RTC claiming the bank negligently handled his credit card account alleging the bank imposed late payment charges and interests despite having paid his credit card bill and imposing an annual membership fee despite its guarantee there would be no such charges, among other things.

Even if the bank eventually reversed charges and admitted its error, Rico said he suffered embarrassment, social humiliation and mental anguish, serious anxieties, besmirched reputation, and wounded feelings when his card was dishonored at a restaurant where he was with friends for alleged non-payment of overdue accounts.

The past due amount arose from a 2005 transaction involving the use of a credit card to pay for airline tickets which he then sought to cancel from the Tiger Airways after he told the airline that he no longer wanted to pursue his travel to Singapore due to the absence of available seats when he tried to change his return flight to Manila.

Rico had demanded that the bank refund the amount claiming he canceled the same even as the airline refused to grant his demand to cancel the tickets because they were non-refundable. As a result, Rico did not pay the bank for the amount corresponding to the airline tickets charged to his account. The bank, for its part, advised him to coordinate the cancellation of the tickets with the airline so it could facilitate its refund request.

The bank said it still included the transaction with the airline amounting to PHP30,376 because although the said airline transaction was disputed, it had not yet been resolved when the October 16, 2005 SOA (statement of account) was issued where Rico paid only a fraction of the required minimum payment at the time. As a result, when Rico used his credit card at a restaurant with friends it was dishonored on November 20, 2005 because his account was considered already in past due status for failure to pay the minimum amount due.

The RTC, in its 2010 ruling for Rico awarding PHP500,000 in moral damages, said that once a complaint was lodged by the account holder, the bank should act with utmost care and diligence in the billing of items included or excluded on the SOA.

The CA in 2013 modified the damages due to PHP60,000 after it found that the damages imposed by the RTC were excessive prompting both Rico and the bank to take the case to the SC.

Ruling otherwise, the SC said it was Rico’s “own action, i.e. his resolve to cancel his flight…which was the proximate cause of his embarrassing and humiliating experience” and said it finds the award of damages “unjustified”. The court added that while the cardholder may have suffered embarrassment, the bank “cannot be considered grossly negligent in charging the amount of airline tickets against the credit card account prior to the final resolution of the billing dispute. (PNA)

UPS Inks Tentative Deal With Pilots' Union on Contract Extension

United Parcel Service UPS received encouraging tidings on the labor front when UPS Airlines and the Independent Pilots Association (IPA) inked a provisional pay-related deal. However, specific details of the agreement are kept under wraps.The IPA, a collective bargaining unit, represents the 3,300 plus professional pilots at UPS. However, the new contract still has a long way to go before it becomes effective. We note that ...

United Parcel Service UPS received encouraging tidings on the labor front when UPS Airlines and the Independent Pilots Association (IPA) inked a provisional pay-related deal. However, specific details of the agreement are kept under wraps.

The IPA, a collective bargaining unit, represents the 3,300 plus professional pilots at UPS. However, the new contract still has a long way to go before it becomes effective. We note that tentative agreements do not necessarily mean that the deal will be operational. The provisional contract signed by UPS will now be voted upon by the union members.

Per IPA’s president Captain Robert Travis "Over the next month we will present this tentative agreement for a two-year contract extension to our crewmembers with an unqualified recommendation for ratification. This tentative agreement is unanimously approved and endorsed by the six-pilot IPA Executive Board."

The voting procedure has to be completed by Aug 3. The provisional deal will be valid only if the voting result is favorable. On successful ratification, IPA’s contract with UPS will be extended to Sep 1, 2025.

UPS shares have declined 18.7% so far this year due to headwinds like high fuel costs and supply-chain woes.

Image Source: Zacks Investment Research

However, successful ratification of the above deal may boost the stock. We expect investors to await further updates on this issue.

UPS currently carries a Zacks Rank #3 (Hold). Investors interested in the Zacks Transportation sector may consider some better-ranked stocks like Southwest Airlines LUV, Star Bulk Carriers SBLK and Forward Air Corporation FWRD. LUV currently sports a Zacks Rank #1 (Strong Buy), while SBLK and FWRD currently carry a Zacks Rank #2 (Buy).

You can see the complete list of today’s Zacks #1 Rank stocks here.

Continued recovery in air-travel demand bodes well for Southwest Airlines. Anticipating a steady improvement in its bookings, the carrier expects to reap profits in the remaining three quarters of 2022 as well as during the full year. LUV's management predicts operating revenues to increase 12-15% in the second quarter of 2022 from the comparable period’s level in 2019. LUV is seeing strong bookings for the spring and summer trips.

The positivity surrounding the Southwest Airlines stock is evident from the Zacks Consensus Estimate for current-year earnings being revised in excess of 100% upward over the past 60 days. LUV has a Growth Style Score of B.

Star Bulk Carriers’ earnings surpassed the Zacks Consensus Estimate in three of the preceding four quarters and missed the mark once, the average surprise being 7.1%.

Shares of Star Bulk have gained more than 36% over the past six months. Improvement in economic activities is aiding the SBLK stock.

Higher volumes owing to a better freight market environment bolster Forward Air’s top line. Thanks to growth in its operations, FWRD is committed to rewarding its shareholders with dividends and share buybacks. In February 2022, FWRD’s board approved a 14% hike in its quarterly dividend payment, taking the amount to 24 cents per share.

The Zacks Consensus Estimate for Forward Air’s 2022 earnings has been revised 15.5% upward in the past 60 days. FWRD’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average being 10.2%.

Zacks' Top Picks to Cash in on Electric Vehicles

Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investors

See 5 EV Stocks With Extreme Upside Potential >>

Click to get this free report

United Parcel Service, Inc. (UPS): Free Stock Analysis Report

Southwest Airlines Co. (LUV): Free Stock Analysis Report

Forward Air Corporation (FWRD): Free Stock Analysis Report

Star Bulk Carriers Corp. (SBLK): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

South Carolina Ports announces end of Carnival Cruise contract

CHARLESTON, S.C. (WCSC) - Carnival Cruises will no longer depart and return to Union Pier Terminal in Charleston starting in 2024.On Wednesday, the SC Ports announced it will not be renewing the homeport cruising contract, and will instead focus on redevelopment of Union Pier. The ports do still plan to host ships as a port of call in the future.Jim Newsome, president and CEO of South Carolina Ports Authority, says this has been a conversation for a while.“As time has gone along, and certainly the real estate value...

CHARLESTON, S.C. (WCSC) - Carnival Cruises will no longer depart and return to Union Pier Terminal in Charleston starting in 2024.

On Wednesday, the SC Ports announced it will not be renewing the homeport cruising contract, and will instead focus on redevelopment of Union Pier. The ports do still plan to host ships as a port of call in the future.

Jim Newsome, president and CEO of South Carolina Ports Authority, says this has been a conversation for a while.

“As time has gone along, and certainly the real estate values have increased in Charleston and just the opportunity to do something really transformational. The City of Charleston has led us to the conclusion to do a complete non-maritime redevelopment. And the consequence of that is we really don’t have a place to do a home port operation after the end of this contract in 2024,” Newsome says.

Newsome says they have engaged Low Enterprises, the firm building the Cooper Hotel on Concord Street, for the redevelopment.

“So they are running point on the planning, and that planning really entails deciding what steps and taking the steps needed to get this property to what’s known as a planned unit development phase,” Newsome says.

He says the timeline goal is to move with the development as fast as possible once the 2024 contract with Carnival is up.

“Basically where there’s a master plan that can be approved, and then developers can then buy the property and do what’s in their best interest on that property,” Newsome says.

He says there will be an engagement phase to see what they want coming to the area while they make a master plan.

Newsome says he thinks the idea will have a lot of benefits.

“It’s attractive to everyone in the sense that the city will benefit by getting property back on its tax rolls. And really realigning the whole city of Charleston with its historic waterfront, there’s no access to the waterfront today if you think about it,” he says.

But the decision will impact how certain tourists engage with the city.

Erik Koenig is the Front of House at Queology Restaurant on Market Street, right across from the Carnival Sunshine Port. He is worried how this might change the business.

“When the ship is in, the crew gets off, they eat, they come by the shop,” Koenig said. “The people that are waiting to get on the cruise, they shop, they walk through town for hours and they settle in until it’s time to get on the ship.”

He says they will be grateful for port of call tourists, but have concerns with how construction and development will change the area in the coming years.

“We appreciate anything we can get,” Koenig says. “But the port of origin is very important to us because this is where all the folks come to this corner, this area, the market and everything else which is a huge impact on us. So we’re a little bit concerned right now about this.”

The Coastal Conservation League released the following statement in support of the decision:

While we are optimistic about what appears to be a new direction for the future of the cruise industry in Charleston, we look forward to learning more about the implications of this decision. We support limited port of call business—especially smaller ships that will have a greater economic impact—as long as the SPA continues to abide by a previous agreement to limit cruise ships in Charleston to 103 visits or fewer each year. We also need more information about whether ships will be docked overnight.

Newsome says the terminal is a great asset to the city and this opens up a lot of opportunities for how people will interact with the area in the future.

“This decision came clearer and clearer over time and ultimately, it’s the best business decision for the port,” Newsome says.

Carnival Cruise Line issued a statement on the decision Wednesday morning.

“It is amazing to see the continued growth of Charleston’s tourism economy, and Carnival is proud to have been a part it of since 2010. While exciting for the future of Charleston, the redevelopment of Union Pier Terminal will, unfortunately, mean Carnival will no longer homeport a ship in Charleston beyond 2024. We will work with the Ports Authority to explore future opportunities in Charleston. In the meantime, it is business as usual and we look forward to seeing our guests aboard Carnival Sunshine through 2024.”

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