Project Description
Oliver CRE
The Port of Houston
The Port of Houston is one of the world’s largest ports and serves the metropolitan area of Houston, Texas. The port is a 50-mile-long complex of diversified public and private facilities located a few hours’ sailing time from the Gulf of Mexico. Located in the fourth-largest city in the United States, it is the busiest port in the U.S. in terms of foreign tonnage, second-busiest in the U.S. in terms of overall tonnage,[2] and sixteenth-busiest in the world. Though originally the port’s terminals were primarily within the Houston city limits, the port has expanded to such a degree that today it has facilities in multiple communities in the surrounding area. In particular the port’s busiest terminal, the Barbours Cut Terminal, is located in Morgan’s Point.
The Port of Houston is a cooperative entity consisting of both the port authority, which operates the major terminals along the Houston Ship Channel, and more than 150 private companies situated along Buffalo Bayou and Galveston Bay.[3] Many petroleum corporations have built refineries along the channel where they are partially protected from the threat of major storms in the Gulf of Mexico. The petrochemical complex associated with the Port of Houston is one of the largest in the world.[4]
The Port is operated by the Port of Houston Authority, an independent political subdivision of the State of Texas governed by a seven-member commission. The City of Houston and the Harris County Commissioners Court each appoint two commissioners; these two governmental entities also jointly appoint the chairman of the Port Commission. The Harris County Mayors and Councils Association and the City of Pasadena each appoint one commissioner. Daily operations are overseen by an Executive Director who serves at the will of the Commission.[13]
A renovation project for the Port’s Turning Basin Terminal began in 2010 and is expected to take 10 years. The Turning Basin Terminal is a multipurpose complex with open wharves and 37 docks that are used for direct discharge and loading of breakbulk, containerized, project or heavy-lift cargoes.[14] The goal of the renovation is to accommodate the increase in the transportation of steel, which increased more than 3.1 million tons in the first nine months of 2011, up from 1.9 million tons over the same period in the previous year.[15]
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