Steel Supplier News

Total tonnage for April grew by 23 percent, with 4 million tons crossing the Port of Houston Authority’s docks, Executive Director Roger Guenther reported at today’s Port Commission meeting. The strong cargo activity for the month was reflected in loaded container units growing by 46 percent over 2014 and steel imports growing 40 percent versus April a year ago.

Year to date, the Port Authority has handled more than 13 million tons of cargo, an increase of 11 percent for the year. Each category of general cargos has shown solid growth – containers, steel, autos and other breakbulk commodities.

While import steel continues to exceed projections, up by more than 56 percent for the year through April, the Port Authority expects some leveling in May.

Loaded container units at the Bayport and Barbours Cut terminals are up for the year by 22 percent.
“This illustrates the efficiency of our operations as well as the importance of capital reinvestment in these facilities to strengthen the Port Authority’s position and our region,” Guenther said.
Proving that the Port Authority is indeed ready for bigger and better things to come, four Super Post-Panamax cranes, the largest ship-to-shore cranes ever built by Konecranes, arrived at Barbours Cut Container Terminal earlier this month.

After detailed planning, the meticulous operation of moving the cranes from the vessel to the wharf was successfully completed today, marking the beginning of a new era for the Barbours Cut terminal. In the coming weeks, these cranes will be tested and readied for operation.
“These new Super Post-Panamax cranes, an important part of a $700 million modernization project at Barbours Cut Terminal, will accommodate the significantly larger vessels that will be calling on our container terminals after the expansion of the Panama Canal,” Port Commission Chairman Janiece Longoria said. “As international trade, primarily containerized cargo, continues to expand rapidly at Port Authority facilities, that means more jobs and economic activity for the region and state in support of PHA’s mission.”
The Port Authority also reported a record month in revenue. For the year, the Port Authority has generated $103 million in revenue, a 30 percent increase over this time last year. The Port Authority has added $51 million in cash flow, which will be put to work in enhancing facilities.

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