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

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Ports

Indiana Ports Sets Cargo Record in 2015

State's three ports handle 12 million tons for first time in 54-year history  INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015,

DP World Bolsters Investment in India

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations.

Owner Fined for 'Dangerously Unsafe' Vessel

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics 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: 0.0930 sec (11 req/sec)