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

Ports

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

WRRDA: Clearing the Channel for P3 Projects

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular,

BMT Supports Samalaju Port Development

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design expertise for an advanced bulk-material handling system for the emerging port of Samalaju in East Malaysia.

Crewboats

Seacor Takes Delivery of 10,800 HP Crewboat

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats. The first of these to be delivered is the 202x34-foot Alex F. McCall with some very impressive statistics.

Ship Management Contracts for BSI Newbuilds

Norway-based Golden Energy Offshore has entered into management contracts for two platform supply vessels (PSVs) under construction at Ulstein Verft for Blue Ship Invest (BSI).

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.2630 sec (4 req/sec)