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Solid Business Activity Continues at the Port of Houston Authority

[ October 13, 2016   //   ]

“Container activity is solid at the Port of Houston Authority,” Executive Director Roger Guenther announced in his report to the Port Commission today, during its regular September meeting. “Container TEUs are within one percent of last year’s volume, and in fact,” he added, “August 2016 container volume was up 5%.” The Port Authority’s general and container cargo facilities collectively handled more than 23 million tons of total tonnage through August.
The Port Commission acted on a number of matters supporting the Port Authority’s Vision and Strategic Goals: a long-term lease agreement with LBC Houston, L.P., to permit a new liquid bulk facility to be developed on Port Authority property on the north side of the Bayport Turning Basin Terminal, and the approval of additions to Port Authority Tariffs Nos. 14 and 15, covering Barbours Cut and Bayport Container Terminals. These amendments provide formal notice of actions the Port Authority has taken to keep commerce moving, following the August 30 receivership of Hanjin Shipping Co., and permit the Port Authority to assess, invoice, collect and disburse fees as needed to handle Hanjin’s container cargos.

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