Bayport Container Terminal Grand Opening

Friday, February 09, 2007
About 800 elected officials, port commissioners, community leaders, labor leaders and representatives of the maritime industry turned out on February 8 to watch the arrival of a new era in the containerized cargo market. The Berth of Bayport Container and Cruise Terminal provided the 800 guests the opportunity to witness the opening phase of the most technologically advanced container terminal on the U.S. Gulf Coast.

The Port of Houston Authority dominates the U.S. Gulf Coast containerized cargo market. Currently, PHA handles 64 percent of that market along the U.S. Gulf, and 94 percent of the waterborne containers moving through Texas. Most of that activity takes place at PHA's companion container terminal at Barbours Cut. The Barbours Cut terminal was built in the 1970s and is operating above designed capacity.

Container throughput at Houston's port has risen at an average growth rate of more than 10 percent per year for the last 15 years. Studies conducted by the Texas Transportation Institute predict a continued worldwide container growth rate of 7.2 percent through 2010. The study also estimates annual growth rates as high as 13 percent along the Gulf of Mexico. Conservative projections suggest Bayport will have a profound impact on the local economy. After five years of operation, the combined container and cruise terminal is projected to generate 9,825 jobs, $395.4 million in personal income, $1.1 billion in business revenue and $35.6 million in state and local taxes. At full build-out of the facility in 15 or more years, 32,163 jobs, $1.4 billion in personal income, $2.4 billion in business revenues and $128 million in state and local taxes will be produced from Bayport's operations. Roger Guenther, PHA General Manager of Container Terminals, will manage Bayport. CMA CGM, the world's third largest shipping company, is the first customer at Bayport and will be joined by Mediterranean Shipping Company as the only two steamship lines calling at Bayport for the foreseeable future.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Singapore’s MPA Discuss LNG Bunkering

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

Long Beach Port Honors OOCL Executive

Andrew Tung, CEO and Managing Director of Orient Overseas Container Line, was presented today with the prestigious “Port Pilot Award” by the Long Beach Board of Harbor Commissioners.

Cargill: 50,000T of Sugar Affected by Brazil Fire

Approximately 50,000 tonnes of sugar were stored in a warehouse affected by fire in the Teag terminal in Brazil on Monday, Cargill Inc said in a statement. The terminal,

Crewboats

Swissco Extends Monohull Crewboat Fleet

Incat Crowther announced that Cheoy Lee has delivered a second pair of 36m Monohull Crewboats to Singapore-based operator Swissco Holdings. Swissco Spring and

Barge Master Installed on Walk-To-Work Vessel

On October 14 the Barge Master BM-T40 system motion-compensated knuckle boom crane pedestal was installed on the new Wagenborg Walk-to-Work vessel, designed and built by Royal Niestern Sander.

Oceangrip in Partnership with Legacy Paddlesport

OceanGrip, a leading manufacturer of high-quality, marine-grade non-skid padding protection, announced today that it has been selected as the original equipment

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1052 sec (10 req/sec)