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New Cranes Arrive at Port Houston's Bayport Terminal

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Multiple crane deliveries to Bayport's newly constructed wharf
reflect $100M investment

The arrival of three new 270 foot-tall Super Post-Panamax cranes to Port
Houston's Bayport Container Terminal today highlights $100 million in
investments there. These three neo-panamax ship-to-shore (STS) cranes
are the first of two crane shipments Port Houston is to receive this
week.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180807006010/en/

Port Houston's newest ship-to-shore cranes stand nearly 30 stories tall with a boom length of 211 ft ...

Port Houston's newest ship-to-shore cranes stand nearly 30 stories tall with a boom length of 211 ft. able to load and unload vessels up to 22 containers wide. (Photo: Business Wire)

These newest STS cranes are the first of eight cranes to be delivered
over the course of two days. The additional five cranes scheduled for
delivery Wednesday are rubber-tired-gantry (RTG) cranes.

"The level of activity with the shipments of cranes this week is
unprecedented," said Executive Director Roger Guenther. "To see the
visual display of both ship-to-shore and container yard cranes being
delivered to our newly constructed Wharf #2 at Bayport in a matter of
days is an amazing demonstration of our commitment to investment at
work."

Port Houston is the largest container port on the U.S. Gulf of Mexico,
handling nearly 70 percent of all containers moving through the gulf.
Considerable strategic investment is being made by Port Houston in
response to the steady growth it is experiencing.

The new cranes at Bayport and construction of Bayport Wharf #2 are a
part of its program to increase capacity, cargo-handling efficiency and
support the port's infrastructure. The port's newest ship-to-shore
cranes will be the largest cranes in Texas, standing nearly 30 stories
tall with a boom length of 211 ft. able to load and unload vessels up to
22 containers wide.

The newest STS cranes cost about $35 million and the RTG cranes cost a
little more than $2 million each. Construction of Bayport's Wharf #2 is
an estimated $35 million project. Bayport Container Terminal recently
recorded the largest number of single-vessel container box lifts in its
history, with more than 4,800 lifts performed during one vessel
operation.

Further demonstrating its commitment to strategic investment, the Port
Commission of the Port of Houston Authority recently awarded a $49
million construction contract for Container Yard 7 at the Bayport
Terminal. This new construction will add 50 additional acres of
container yard storage area.

The three newest STS cranes will bring to a total number of 26
ship-to-shore cranes operational cranes working at Port Houston's
Bayport and Barbours Cut Container Terminals, 13 of which are super
post-panamax. The scheduled delivery on Wednesday of the five new RTG's
is part of an order of ten cranes. The next five RTG's are scheduled to
arrive sometime in September.

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.

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