PHA on Pace for Record Year
- Business & Finance
In his report to the Houston Port Commission, Executive Director Roger Guenther said that the operations continue to perform efficiently and effectively for the benefit of the customers and stakeholders that use the Port facilities.
The Port Commission demonstrated its commitment to invest in infrastructure with the award of rehabilitation work at Wharf No. 2 and three dockside electric cranes at Barbours Cut Container Terminal, he added.
Additionally, the Port Commission approved entering into a Feasibility Coast Share Agreement with the U.S. Army Corps of Engineers for improvements to the Houston Ship Channel and tributaries to accommodate future ships and increases in maritime commerce.
The Port Authority was one of three ports in the nation selected for a congressional study for potential improvements.
“We are investing in the future as we prepare for opportunities ahead to strengthen the Port of Houston’s position in the Gulf,” said Guenther.
He also shared in his report that the container terminals, which handle the majority of cargo tonnage crossing Port Authority wharves, continue to operate at record levels with loaded container units growing 14 percent versus this time last year.
“The Port Authority is expecting to surpass 2 million TEUs this year for the first time in its history,” Guenther said.
Port Commission Chairman Janiece Longoria will deliver the State of the Port Address to the Greater Houston Partnership Friday, October 30 at Hilton Americas-Houston.
The Chairman is expected to expand on the Port Authority’s future growth opportunities and plans as it prepares for the second century.