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Velasco Terminal News

03 Nov 2023

US Awards More than $653 Million for Port Projects

© druid007 / Adobe Stock

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP).The investments—part of the largest dedicated funding for ports and waterways in history, nearly $17 billion through the President’s Bipartisan Infrastructure Law—are intended to help grow capacity and increase efficiency at coastal seaports, Great Lakes ports and inland…

29 Jul 2014

2 Post Panamax Cranes for Port Freeport Arrive

Port Freeport announced the arrival of their two Post Panamax Cranes. “The Gantry cranes departed from Shanghai, China on May 7th and arrived at Port Freeport on July 19th,” Executive Port Director/CEO Glenn Carlson said. The Zhen Hua 28, delivered the two 100-foot gauge container cranes completely erect for Port Freeport. Being approximately 80 feet wide each, both cranes will occupy a portion of Berth 7 at Velasco Terminal. They stand just less than 300 feet from the ground and can lift up to 75 tons. “This commitment from the Commissioners demonstrates that Port Freeport will make the financial investments to support the petrochemical industry in our region.

12 Oct 2012

Carlson Appointed at Port Freeport

Glenn Carlson

Bill Terry, Chairman of the Board of Commissioners of Port Freeport, announces the selection and appointment of Mr. Glenn Carlson as Executive Port Director and CEO. Chairman Terry noted that after several months of diligent searching and review of a number of excellent applicants, the Board reached a unanimous decision in the selection of the new Executive Port Director and Chief Executive Office for Port Freeport. Mr. Carlson has an extensive background in port operations and the transportation industry spanning over 37 years.

13 Sep 2011

Panama Canal and Port Freeport (TX) Sign MOU

PARTNERSHIP FORMS AN ALLIANCE OF COOPERATION TO PROMOTE ECONOMIC GROWTH. In what is touted to be another one of a series of new agreements with U.S. ports, the Panama Canal Authority (ACP) and Port Freeport in Texas established a strategic alliance today with the signing of a Memorandum of Understanding (MOU). The partnership aims to increase international trade and create new business by promoting the all-water-route between Asia and the Gulf of Mexico of the United States through Port Freeport via the Panama Canal. Intended to last for one year, the partnership is renewable upon request of both parties. Under the conditions of the MOU, the parties have agreed to undertake joint initiatives to stimulate economic growth.