Market Overview

Port Houston Receives First Shipment of Automobiles at the Bayport RoRo Terminal

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HOUSTON--(BUSINESS WIRE)--

"Bayport RoRo Terminal received its first shipment of new automobiles," Executive Director Roger Guenther announced in his report to the Port Commission of the Port of Houston Authority today, during the last regular Port Commission meeting for the year. On November 30, Grimaldi Line's M/V Grande Sierra Leone delivered 428 FIAT® 500X automobiles to the terminal, soon after this year's lease agreement with Auto Warehousing Company to handle these vehicle imports. Guenther reported that the "operation went seamlessly" through the "collaborative coordination of staff, customers, and labor" who "all helped make this first call a success."

Regarding 2016, Guenther said "it has been a banner year for Port Houston business," adding that there was still one month left in the calendar year to continue to build on the record performance in container activity, which is ahead now by two percent at this same time last year. Through the month of November, Port Houston's general and container cargo facilities collectively handled more than 32 million tons of total tonnage.

Noteworthy actions taken by the Port Commission today included its approval to reissue and amend Port Authority Tariffs Nos. 8, 14 and 15, covering the Turning Basin Terminals, Barbours Cut Terminal and Bayport Container Terminal, and rescind Tariff No. 17, covering cruise operations at all Port Authority terminals, all effective January 1, 2017.

During the meeting, Port Commission Chairman Janiece Longoria also praised the Congressional passage of a new water resources development bill. Ms. Longoria acknowledged the bipartisan support for the bill's passage noting matters of particular interest in regards to the maintenance of the 52-mile long Houston Ship Channel.

Port Houston is the local sponsor of the Houston Ship Channel, the busiest waterway in the United States with annual vessel calls of more than 8,300 large ships.

The next regular Port Commission meeting is scheduled for January 31, 2017.

About Port Houston

For more than 100 years, the port has owned and operated the public wharves and terminals of the Port of Houston – the nation's largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the nation. It supports the creation of nearly 1.175 million jobs in Texas and 2.7 million jobs nationwide, and economic activity totaling almost $265 billion in Texas – 16 percent of Texas' total gross domestic product – and more than $617 billion in economic impact across the nation. For more information, visit Port Houston's website at: www.porthouston.com.

Port Houston
Lisa Ashley, Director, Media Relations
Office: 713-670-2644; Mobile: 832-247-8179
E-mail: lashley@poha.com

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