• 2021 August 21 15:28

    Port of Houston signs partnership agreement on ship channel dredging project

    A significant milestone in the history of the Houston Ship Channel was recognized with the formal presentation of the Project Partnership Agreement (PPA) between the U.S. Army Corps of Engineers (USACE) and the Port of Houston Authority (Port Houston) for the channel's billion-dollar widening and deepening program, Project 11.

    The PPA is the official document committing Port Houston to the responsibilities of the project as the local non-federal sponsor. It details the terms of the channel infrastructure expansion, and most significantly, permits the start of dredging the federal waterway. Project 11 is the 11th major improvement of the channel in its more than 100-year history.

    "Our port serves as the anchor for our Texas region," said Port Houston Executive Director Roger Guenther. "It is a critical step to provide a wider, deeper channel that maintains two-way vessel traffic to more safely and efficiently deliver everyday goods and petrochemical products to and from the region. This expansion project will help us continue to lead as the top port in the nation, supporting over 3.2 million U.S. jobs – including more than 1.35 million Texas jobs – and bringing $802 billion in economic value to the nation."  

    U.S. House Representatives Congressmen Kevin Brady, Brian Babin, Al Green, and Jodey Arrington provided remarks illuminating this milestone's importance at today's historic event. Representatives from U.S. Senators John Cornyn and Ted Cruz's offices expressed accolades on their behalf. The offices of U.S. House Representatives Congresswomen Sheila Jackson Lee, Sylvia Garcia, Lizzie Fletcher, and Congressman Dan Crenshaw were present along with USACE and Port Houston staff. The 52-mile-long Houston Ship Channel is a vital economic engine for the Houston region, the state of Texas, and the U.S. Last year, the USACE ranked it as the busiest port in the nation – the channel handles as much vessel traffic as the three largest U.S. ports combined. Once widened and deepened, the waterway will continue to help support and benefit more than 200 private and public facilities alongside it.

    Project 11’s first dredge contract is expected to be awarded as early as this October.

    About Port Houston
    For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient and fastest-growing container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and $801.9 billion in economic impact across the nation.




2024 February 22

17:16 Scrubber savings up to 13 bln USD amid IMO2020 regulations implementation
16:14 HD Korea Shipbuilding secures 172.4 bln-won order for two LPG carriers
15:51 Baltic Sea Action Plan Fund allocates EUR 1 mln to 10 new environmental projects
15:24 The first Norsepower Rotor Sail funded by German Government to be fitted on Baltrader’s new cement carrier
14:45 HD Hyundai Marine Solution bags deal for LNG carrier re-liquefaction
14:13 Eastern Pacific Shipping partners with bound4blue for first wind-assisted propulsion system installation
13:42 Baker Hughes lands multi-year well construction services contract with Petrobras
13:32 MABUX: Bunker Weekly Outlook, Week 08, 2024
13:20 Unifeeder launches new direct service linking Aruba and Curaçao with Colombia
12:43 The use of Nextlogic at the Port of Rotterdam leads to a 20% reduction in port waiting times
12:21 Vitol Bunkers takes delivery of first biofuel barge in Asia
11:43 Galveston LNG Bunker Port joins SEA-LNG coalition
10:58 Liberian bulk carrier banned from Australian ports
07:39 Container shipper HMM receives an A- score from Carbon Disclosure Project

2024 February 21

18:00 SBM Offshore receives ExxonMobil Ruby Supplier Award for offshore operations
17:25 ZeroNorth and Alpha Ori Technologies close deal to form a new company
17:06 SeaLead and Blue Water Line launch Gulf India Express service
16:34 Auramarine signs agreement with Yiu Lian Dockyards and Guangzhou Jihai Shipping Material for the implementation and uptake of methanol dual fuel systems
16:12 VARO and Orim Energy to scale-up sustainable shipping fuel capabilities
15:34 Biden to sign executive order on US port cybersecurity
15:11 EDGE Group and Fincantieri form joint venture
14:57 Allseas completes infield pipelay scope for BP's GTA LNG project offshore Mauritania and Senegal
14:11 BYD to expand fleet with seven new car carriers by 2025
13:47 Hanwha Ocean sales jumped 52.4 percent on-year to 7.4 trillion won in 2023
13:24 Cavotec signs two-year service agreement with APM Terminals at Port of Tanger Med
12:19 Russian grain exports exceeded 66 million tonnes worth almost $16.5 billion in 2023
11:07 Gasunie and Storag sign agreement for large-scale hydrogen storage in Germany
10:58 Dual-fuel methanol design of offshore wind turbine installation vessel from Yantai receives ABS approval
10:29 NYK places first order with Japanese shipyard for offshore wind industry crew transfer vessel

2024 February 20

18:07 Armada Technologies announces contract with CoolCo for a hull air lubrication installation
17:40 AIDA Cruises launches the largest modernization program in its fleet
17:24 ROVOP partners with Boskalis to deliver integrated subsea solutions throughout the energy industry
16:35 Port of Rotterdam total cargo throughput down 6.1% to 438.8 million tonnes in 2023
15:36 EST-Floattech secures a €4 million investment from 5 investors
15:14 South Korea strengthens export restrictions on Russia and Belarus
14:41 Glander International Bunkering and Asyad Shipping partner for AI-driven sustainable shipping solutions
14:12 Danaos adds two methanol-ready container ships to fleet
13:58 Some stranded Russian Sokol oil cargoes begin to move to China, India
13:35 HD Korea Shipbuilding wins 322.8 bln-won order for 2 ammonia carriers
12:43 RINA approves performance prediction software for wind-assisted ships
10:55 Forth Ports orders two new pilot boats
10:29 HHLA's revenue fell by 8.3 percent to €1,447 million in 2023
09:45 Etihad Credit Insurance partners with DP World Trade Finance
07:51 CMA CGM announces PSS adjustments for shipments from Europe to India, Middle East Gulf, and Red Sea

2024 February 19

18:06 SafeΒulkers adds two more carriers
17:42 Piraeus Port shows resilience to the Red Sea crisis
17:23 Valenciaport container traffic up 11% to 388,366 TEU in Jan 2023
16:47 Sticky situation in UK port after grounded Ukrainian tanker leaked molasses
16:28 EU foreign ministers approve deployment of Red Sea naval mission
15:58 Eidesvik Offshore launches world’s first methanol-powered vessel for subsea and offshore wind
15:39 Equinor signs a 15-year LNG agreement with Deepak Fertilisers
14:23 Jumbo Offshore signs MoU with Sea Horizon Offshore
13:40 Texas LNG selects Gulf LNG Tugs to build, deliver and operate tugboats
13:38 Russian seaports’ January cargo volume fell 6.5% Y/Y to 71 million tonnes (expanded version)
13:22 Austal and Gotlandsbolaget sign MOU to construct a gas turbine powered high speed catamaran
12:56 Tellurian receives FERC extension for Driftwood LNG
12:01 Unifeeder completes agreement for two additional methanol-powered vessels
11:38 Chemship deploys wind assisted propulsion on Chemical Challenger
11:18 Topsoe signs an engineering agreement with Approtium to convert low-carbon ammonia into hydrogen using its H2RETAKETM technology
10:48 First cranes arrive as part of USD 300 million Port of Salalah expansion
10:13 Pavilion Energy concludes first ship-to-ship LNG bunkering operation to Rio Tinto in Singapore

2024 February 18

16:03 Australian Gov't improves safety for the offshore resources sector workforce, official says
14:51 TechnipFMC awarded substantial integrated EPCI contract for Sparta Project
13:17 Rongcheng Shipbuilding Industry kicks off A multi-functional piling ship for offshore photovoltaic
11:29 Sumitomo Heavy Industries to leave commercial shipbuilding industry
10:34 Containership rates up 300% due to attacks in the Red Sea

2024 February 17

15:23 Asia’s first deepwater jacket “Haiji-2” was completed
13:47 EC approves up to €6.9 bn of State aid by seven Member States for the third Important Project of Common European Interest in the hydrogen value chain
12:14 “K” LINE announces establishment of a new company and acquisition of a business in France
10:03 Wan Hai and ONE launch joint service to link Asia with US West Coast