Latest news with #HoustonShipChannelExpansion
Yahoo
27-05-2025
- Business
- Yahoo
Texas, Louisiana Gulf Coast ports post mixed results for April
Container flows in April rose in Houston and Corpus Christi, Texas, while the Port of New Orleans reported declines in containerized and breakbulk movements. Port Houston handled 387,478 twenty-foot equivalent units in April, a 20% year-over-year increase compared to the same month in 2024. Year to date, the port has handled 1.45 million TEUs, a 4% year-over-year increase. 'We are staying busy across our facilities, working with our partners to make sure every piece of cargo and every box moves quickly to get to its final destination,' Charlie Jenkins, CEO of Port Houston, said in a news release. 'We are keenly aware of the uncertainty in the market today and are closely monitoring cargo volumes.'Loaded containerized imports rose 21% year over year to 177,733 TEUs, and loaded exports increased 16% year over year to 138,810 TEUs. For April, Port Houston's steel imports increased 40% year over year to 403,684 tons. Exports of steel decreased 11,362% to 37,659 tons. Imports of containerized refrigerated cargo was up 46% in April compared to the same month in 2024, corresponding with peak season for many citrus and other fruits, port officials said. Port Houston recorded 1,029 total ship and barge calls in April, a 4% increase from the same month last U.S. Army Corps of Engineers (USACE) and Port Houston have been addressing the need to evolve the area's busy shipping complex over the past several years with a massive, ongoing project to expand the Houston Ship Channel. That project just got another financial boost from USACE, which allocated $131 million in total for 2025 work at Port Houston. It's one of two southeast Texas waterway projects that received funding during this round. USACE recently allocated $33 million to the Houston Ship Channel Expansion, known as Project 11. The funding includes $98 million to ensure the Houston Ship Channel is dredged and operational, and $33 million is going toward the Project 11 channel expansion project. Port Houston is a 25-mile-long complex of nearly 200 private and public industrial terminals along the 52-mile-long manmade Houston Ship Channel, which connects the port to the Gulf of Mexico. Project 11 is a $1.1 billion expansion of the Houston Ship Channel to accommodate an additional 1,400 vessels per year. The project is scheduled to be completed in 2028. The Port of Corpus Christi moved almost 16.8 million tons of cargo in April, a 3.7% year-over-year increase from the same month in 2024. Exports of crude oil totaled 9.9 million tons for the month, a 7.6% increase from the same month last year. Shipments of petroleum totaled 5.2 million tons during April, an 11% year-over-year increase. Dry bulk cargo decreased 12% year over year to 642,433 tons in April, while chemical shipments rose 1% year over year to 289,231 Port of Corpus Christi had 371 barge calls in April, a 9% year-over-year decrease. Ships at the port totaled 200 during the month, a 4% increase from the same year-ago period. The Port of New Orleans' container volume declined 1.2% year over year in April to 41,305 TEUs. Beakbulk cargo movements recorded a 19% year-over-year decrease in April to 91,961 short tons, led by shipments of steel, natural rubber, bagged cargo and project shipments. 'Top container exports included plastic resins, followed by various chemicals and synthetic rubber,' Kimberly Curth, Port of New Orleans spokeswoman, told FreightWaves in an email. 'Imports included coffee and various chemicals, followed by furniture.' Fiscal year to date, the Port of New Orleans has handled 923,995 short tons of break bulk cargo, a 6% year-over-year increase. The port's fiscal year runs from July 1 to June 30. The post Texas, Louisiana Gulf Coast ports post mixed results for April appeared first on FreightWaves.
Business Wire
22-05-2025
- Business
- Business Wire
May 2025 Meeting: Port Houston Announces $131 Million in USACE Workplan Designated for Houston Ship Channel Construction and Maintenance
HOUSTON--(BUSINESS WIRE)--On Tuesday, May 20, the Port Commission of the Port of Houston Authority met for its regular monthly meeting. Chairman Ric Campo opened the meeting with an update that the U.S. Army Corps of Engineers (USACE) released their FY25 workplan, which includes $33 million allocated to the Houston Ship Channel Expansion, known as Project 11, construction and $98 million to operations and maintenance to keep the Houston Ship Channel dredged. 'Thank you to everyone who pulled together to get this done, including our industry partners, customers, congressional delegation, and specifically Congressman Wesley Hunt and Congressman Brian Babin who worked around the clock to make sure we got what we needed,' said Chairman Campo. Port Houston reported strong volumes in April, which can be found in more detail via the press release issued on May 19. Operations reported nine blank sailings forecasted over the next six weeks at the container terminals. Despite this, Port Houston remains cautiously optimistic, noting that the number is significantly lower than during previous periods of market uncertainty, such as the COVID-19 pandemic. It was also announced that the USACE approved the federal Assumption of Maintenance (AOM) for Segment 1B of the Houston Ship Channel (Redfish Reef to Bayport Terminal), in addition to Segment 1C (Bayport to Barbours Cut Ship Channel), which was approved in 2022. This marks the successful conclusion of a nearly five-year group effort and with these approvals Port Houston will save a net present value of nearly $380 million over the next 50 years. The organization is on track to complete the dredging activities in Segment 1C by late Q2/early Q3 2025, completing the Port Houston-led portions of Project 11 dredging. Completion of Galveston Bay beneficial use features is scheduled for Q4 2025. As it relates to maintenance at the public terminals, Port Houston commissioned 20 clean diesel yard tractors at Barbours Cut Terminal and Bayport Terminal, removing 20 outdated, less efficient tractors from service. The organization is also actively collaborating with TxDOT (Texas Department of Transportation), Houston Pilots and PSEO (Port Security and Emergency Operations) to temporarily improve air draft markings on the Interstate 610 bridge. Additional Meeting Updates & Announcements Port Houston CEO Charlie Jenkins highlighted the Maritime Museum's upcoming grand opening at their new location next to Port Houston's Administrative Building at East River. Port Houston will be a sponsor for the new space. Chairman Campo also congratulated the 2025 maritime program graduates, noting that Port Houston's maritime education program and ongoing partnerships with industry and area schools and universities further bolsters the port's talent pipeline and contributes to the future maritime workforce. The Port Commission meets next on Tuesday, June 24, 2025. About Port Houston For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area's largest breakbulk facility and two of the most efficient container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 private and eight public terminals is the nation's largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. The Port of Houston supports the creation of nearly 1.5 million jobs in Texas and 3.37 million jobs nationwide, and economic activity totaling $439 billion in Texas and $906 billion in economic impact across the nation. For more information, visit the website at
Yahoo
22-05-2025
- Business
- Yahoo
May 2025 Meeting: Port Houston Announces $131 Million in USACE Workplan Designated for Houston Ship Channel Construction and Maintenance
HOUSTON, May 22, 2025--(BUSINESS WIRE)--On Tuesday, May 20, the Port Commission of the Port of Houston Authority met for its regular monthly meeting. Chairman Ric Campo opened the meeting with an update that the U.S. Army Corps of Engineers (USACE) released their FY25 workplan, which includes $33 million allocated to the Houston Ship Channel Expansion, known as Project 11, construction and $98 million to operations and maintenance to keep the Houston Ship Channel dredged. "Thank you to everyone who pulled together to get this done, including our industry partners, customers, congressional delegation, and specifically Congressman Wesley Hunt and Congressman Brian Babin who worked around the clock to make sure we got what we needed," said Chairman Campo. Project 11 Updates & Operations Highlights Port Houston reported strong volumes in April, which can be found in more detail via the press release issued on May 19. Operations reported nine blank sailings forecasted over the next six weeks at the container terminals. Despite this, Port Houston remains cautiously optimistic, noting that the number is significantly lower than during previous periods of market uncertainty, such as the COVID-19 pandemic. It was also announced that the USACE approved the federal Assumption of Maintenance (AOM) for Segment 1B of the Houston Ship Channel (Redfish Reef to Bayport Terminal), in addition to Segment 1C (Bayport to Barbours Cut Ship Channel), which was approved in 2022. This marks the successful conclusion of a nearly five-year group effort and with these approvals Port Houston will save a net present value of nearly $380 million over the next 50 years. The organization is on track to complete the dredging activities in Segment 1C by late Q2/early Q3 2025, completing the Port Houston-led portions of Project 11 dredging. Completion of Galveston Bay beneficial use features is scheduled for Q4 2025. As it relates to maintenance at the public terminals, Port Houston commissioned 20 clean diesel yard tractors at Barbours Cut Terminal and Bayport Terminal, removing 20 outdated, less efficient tractors from service. The organization is also actively collaborating with TxDOT (Texas Department of Transportation), Houston Pilots and PSEO (Port Security and Emergency Operations) to temporarily improve air draft markings on the Interstate 610 bridge. Additional Meeting Updates & Announcements Port Houston CEO Charlie Jenkins highlighted the Maritime Museum's upcoming grand opening at their new location next to Port Houston's Administrative Building at East River. Port Houston will be a sponsor for the new space. Chairman Campo also congratulated the 2025 maritime program graduates, noting that Port Houston's maritime education program and ongoing partnerships with industry and area schools and universities further bolsters the port's talent pipeline and contributes to the future maritime workforce. The Port Commission meets next on Tuesday, June 24, 2025. About Port Houston For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area's largest breakbulk facility and two of the most efficient container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 private and eight public terminals is the nation's largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. The Port of Houston supports the creation of nearly 1.5 million jobs in Texas and 3.37 million jobs nationwide, and economic activity totaling $439 billion in Texas and $906 billion in economic impact across the nation. For more information, visit the website at View source version on Contacts Lisa Ashley-Daniels, Director, Public RelationsOffice: 713-670-2644Mobile: 832-247-8179E-mail: lashley@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
