The Port of Houston Authority in Texas, US, has completed a renovation of the Barbours Cut channel and Barbours Cut Container Terminal.
The Bayport channel dredging is scheduled to be completed in 2016.
Port of Houston Authority chairman Longoria said: “This investment further demonstrates the Port Authority’s commitment to drive economic prosperity for the region and helps ensure that the Port Authority is America’s distribution hub for the next generation.”
“The increased vessel operating depth at 45ft will significantly improve efficiency of ships calling at Barbours Cut and opens the door for future classes of larger ships to call.”
Port Authority Houston executive director Roger Guenther said that the US Army Corps of Engineers (USACE), will fund the Jacintoport channel maintenance dredging, saving the Port Authority about $1m in dredging costs over the next decade.
The Assumption of Maintaenece (AOM) for Jacintoport, combined with the anticipated AOM for Barbours Cut and Bayport channels which is underway, are expected to relieve the Port Authority of more than $50m in potential dredging costs over the next ten years.
In addition, two construction contracts for the construction of Freight Station Road and eight inbound lanes for the Bayport entry gate have been approved by the Port Commission.
The Port Authority handles 67% of all containerised cargo in the US Gulf.
According to a study by USACE, the onset of regular operations at the Barbours Cut channel are projected to result in over $900m in combined local, state and national economic benefits over the next 50 years.