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PHA Notches Record Year

Maritime Activity Reports, Inc.

February 21, 2008

In 2007, the Port of Houston Authority achieved its eighth consecutive year of record-breaking operating revenue. Year-end numbers project that the PHA increased operating revenue by $24 million, or 14 percent, over the previous year. “We could not have reached this achievement without the leadership of our dedicated port commissioners and port staff, who have remained committed to the business priorities that serve as the benchmark to the measurement of our success,” said PHA Executive Director H. Thomas Kornegay, who gave the presentation at the January 22 Port Commission meeting. The eight system-wide priority areas in which PHA achieved record-breaking success are: economic impact; premier container, cargo and cruise port; financial strength; safe and secure port; improving facilities and waterways; environmental protector, steward; strong community, industry and government relations; and a strong workplace.

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