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Port Traffic Trends: Houston

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Houston: 34 Million Tons of Cargo Handled Through November, Cruise Season Underway 

A banner year is expected for the Port of Houston Authority in 2014, with 34 million tons of cargo handled through November, Executive Director Roger Guenther told the Port Commission at its December meeting.

"Container volumes are on pace for a record year, and steel imports are set to surpass the previous tonnage highs set in 2008," Guenther said. The November data reflect increases from November 2013 of 15 percent in container TEUs and 82 percent in steel imports.

Cargo and real estate business activities contributed to 12 percent growth in revenues for the year. Total cash flow of $109 million reflects a 10 percent improvement over 2013.

At that same meeting, the port commission awarded a $23.8 million contract for the construction of Container Yard 6 North at the Bayport Container Terminal. The terminal, which opened in 2007, is being built out in phases.

It also approved an order confirming the lease to Frontier Logistics L.P. of about 27.83 acres of non-contiguous unimproved rail-served real property near Barbours Cut Container Terminal. The lease will support expected growth in resin exports.

Guenther also reported that all four of the ship-to-shore cranes the Port Commission authorized for construction have been erected and will be shipped to Barbours Cut in mid-February 2015, with arrival in April. Dredging of the federal portion of the Barbours Cut Channel, which began in November, is substantially complete, he observed.

Guenther reported that cruise operations are fully under way, with Princess Cruises returning in November for a second season. Combined, Princess Cruises and Norwegian Cruise Line, which began sailing in October, are moving about 12,000 passengers through the terminal facility each weekend.

In addition, the port commission approved a Memorandum of Friendship and Trade Cooperation between Jawaharlal Nehru Port Trust and the Port of Houston Authority.

 

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