Port of Houston Moves Up to Sixth in the World

Monday, July 22, 2002
The Port of Houston moved up two spots in the world rankings and is now the sixth largest port in the world, based on fiscal year 2000 total cargo tonnage reported by the American Association of Port Authorities. "Our sixth place ranking among the world's ports is a testament to our efficient operations, our facilities and our commitment to our customers," said Port Authority Chairman James T. Edmonds.

The Port commissioners reduced steel import tariff rates from $2.32 to $1.65 to stimulate steel imports that have been affected by new trade regulations. This reduction, effective July 1, 2002, has helped turn around a downward trend of steel imports.

The Port's total container volume in the first six months of 2002 increased 8 percent to 568,911 TEUs (twenty-foot-equivalent units) from 522,111 TEUs in the year 2001. Overall container shipping grew to nearly 5.2 million tons, an approximately 7.6 percent increase over the same period of 2001.

In the first six months of 2002, bulk grain shipments increased 33 percent on movement of approximately 1.1 million tons through the Port of Houston Authority's facilities, compared to approximately 865,870 tons during the same period in 2001. In addition, tonnage at the Bulk Materials Handling Plant increased 35 percent to just over 2 million tons of Pet Coke, compared to approximately 1.5 million tons handled in the first six months of 2001.

Exported bagged cargoes totaled 220,483 tons for the first six months of 2002 compared to 204,948 tons for 2001, an increase of 8 percent.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

First Women's Expedition to the Arctic

Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses

Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material

Ports

Sardines Boost Murmansk Port Turnover

In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year,

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

MOL Enhances CSW Service between Asia and East Coast South America

Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda) today announced the enhancement of its Asia and East Coast South America trade by merging existing

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0977 sec (10 req/sec)