Activity in Port Houston and along the Houston Ship Channel has increased significantly this year, as work continues to expand the channel itself to handle more volume in years to come.
Port Houston President Ric Campo and other leaders offered their views on the trajectory of commerce through the ship canal and the estimated $1.1 billion in infrastructure improvements at the State of the Partnership Port this week.
“What we’re doing at the port today is continuing to build the infrastructure we need to be successful,” Campo told the audience.
The Port of Houston and the Houston Ship Channel are among the region’s greatest assets, enabling international trade and creating opportunities for Houston businesses to connect with customers and suppliers around the world, said Bob Harvey, president and CEO of Partnership. “Strengthening our region’s seaports is essential for Houston to maintain our position as a globally connected city, a city that sees 17% of our region’s economy tied to exports and is home to the largest port Gulf Coast container ship, Port Houston,” he said. said.
The Houston Ship Channel contributes over $800 billion to the US economy and is a vital link for shipping and trading with more than 200 countries around the world. In 2021, the Port of Houston was ranked number one for river tonnage. Port Houston is the premier container port in the Gulf.
In order to follow the growth of the port, a major widening and deepening project called Project 11 is currently underway. According to Lori Brownell, director of Channel Improvement for Port Houston, the multi-segment project is on schedule and on budget.
Imports have increased by 20% since the start of the year and exports are up by almost 15% over the same period. The increases come at a time when other ports across the country have seen a drop in traffic due in part to supply chain bottlenecks.
Ryan Mariacher, director of container terminals at Port Houston, said the backlog of ships waiting to dock at its facilities has dropped significantly in recent months. “The word I would use to describe the supply chain situation is ‘progress’… It’s not without challenges, but it’s not broken and it’s getting better every day,” a- he declared.
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