Tonnage is up this year at the Port of Houston Authority, with container tonnage through May up by 9 percent, Executive Director Len Waterworth reported at Tuesday’s meeting of the Port Commission of the Port of Houston Authority.
Waterworth also reported that May operating revenue was at an all-time high of $20 million, up 4 percent or $800,000. This marked the first time in Port Authority history that operating revenue has exceeded $20 million. Year-to-date operating revenue of $96 million reflects a $4 million or 5 percent increase, again driven by strong container growth.
Waterworth also gave a brief update on the permitting process for Bayport and Barbours Cut channel dredging. He said that he was in communication with U.S. Army Corps of Engineers leadership and was confident that the construction award would occur early next year.
Press Release, June 27, 2013