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Released January 14, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. cargo ports are crucial to a strong U.S. supply chain, as they enable the flow of goods and commodities set for export, as well as distribution across the country. Industrial Info is tracking $3.6 billion worth of projects under construction at cargo ports in the U.S., with about one-third of the investment attributed to ports in Texas.
Among the port projects under construction are two expansions at the Bayport Container Terminal in the Port of Houston: a $50 million project includes constructing a new 40-acre container yard, among other work, while a $20 million project includes constructing a new 1,000-foot wharf and its associated infrastructure. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can read detailed reports on the container yard and wharf expansion projects, which are expected to wrap up around the end of 2025 and 2026, respectively.
The Freeport Harbor Channel Improvement Project at Port Freeport, outside of Houston, entails deepening the channel from 46 feet to 56 feet--which would make Port Freeport the deepest port in Texas; a deeper channel will allow it to serve a wider range of vessels and expand cargo-handling capacity. The project includes enhancements to the turning basins, partial widening of the channel, and other work aimed at improving vessel navigation. The cost-shared project features a port commitment of $130 million, while the federal investment for construction is expected to total $165 million. Subscribers can click here to read a detailed report for the project, which is expected to wrap up in 2025.
Another channel improvement project in Texas is at the Port of Brownsville, located at the southernmost tip of Texas, which moves cargo between the U.S. and Mexico. The Brazos Island Harbor ship channel connects the port to the Gulf of Mexico, and work is underway to increase the channel's depth by dredging it to 52 feet from the current 42 feet. Construction is expected to wrap up around the end of 2025. Click here to read more information on the project.
NextDecade (NASDAQ:NEXT) (Houston, Texas), which is building the under-construction Rio Grande liquefied natural gas (LNG) export facility at the port, provided 100% of the financing for the deepening portion from the western boundary of its lease site along the ship channel to the channel entrance; the Port of Brownsville and the U.S. Army Corps of Engineers (USACE) will execute the project from the turning basin area to NextDecade's site.
Another port project is the Phase 1 buildout of intermodal rail yard infrastructure at the Colonel's Island Terminal at the Port of Brunswick in Georgia. The project entails constructing 17,000 feet of track and 12 acres of paved staging yard. Click here to read the detailed project report.
Port operators along the U.S. East and Gulf coasts breathed a sigh of relief last week when the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) avoided a work stoppage set to begin January 15 by reaching a tentative agreement on a new six-year master contract--which is initially set to expire after midnight on Tuesday--subject to ratification by both parties. The stoppage would have been the second strike in three months.
The ILA is the largest union of maritime workers in North America, representing more than 85,000 dockworkers, including 65,000 along the East and Gulf coasts; the USMX is a non-profit organization that represents container carriers, direct employers and port associations serving the two coasts.
For more information on the initial strike in October as well as other cargo port projects in the U.S., see October 2, 2024, article - Workers Strike Halts Cargo Operations at U.S. East, Gulf Coast Ports, and October 7, 2024, article - U.S. East, Gulf Coast Ports Restart Cargo Operations After Dockworkers Suspend Strike.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Click here for a full list of reports for U.S. cargo port projects that are under construction.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Among the port projects under construction are two expansions at the Bayport Container Terminal in the Port of Houston: a $50 million project includes constructing a new 40-acre container yard, among other work, while a $20 million project includes constructing a new 1,000-foot wharf and its associated infrastructure. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can read detailed reports on the container yard and wharf expansion projects, which are expected to wrap up around the end of 2025 and 2026, respectively.
The Freeport Harbor Channel Improvement Project at Port Freeport, outside of Houston, entails deepening the channel from 46 feet to 56 feet--which would make Port Freeport the deepest port in Texas; a deeper channel will allow it to serve a wider range of vessels and expand cargo-handling capacity. The project includes enhancements to the turning basins, partial widening of the channel, and other work aimed at improving vessel navigation. The cost-shared project features a port commitment of $130 million, while the federal investment for construction is expected to total $165 million. Subscribers can click here to read a detailed report for the project, which is expected to wrap up in 2025.
Another channel improvement project in Texas is at the Port of Brownsville, located at the southernmost tip of Texas, which moves cargo between the U.S. and Mexico. The Brazos Island Harbor ship channel connects the port to the Gulf of Mexico, and work is underway to increase the channel's depth by dredging it to 52 feet from the current 42 feet. Construction is expected to wrap up around the end of 2025. Click here to read more information on the project.
NextDecade (NASDAQ:NEXT) (Houston, Texas), which is building the under-construction Rio Grande liquefied natural gas (LNG) export facility at the port, provided 100% of the financing for the deepening portion from the western boundary of its lease site along the ship channel to the channel entrance; the Port of Brownsville and the U.S. Army Corps of Engineers (USACE) will execute the project from the turning basin area to NextDecade's site.
Another port project is the Phase 1 buildout of intermodal rail yard infrastructure at the Colonel's Island Terminal at the Port of Brunswick in Georgia. The project entails constructing 17,000 feet of track and 12 acres of paved staging yard. Click here to read the detailed project report.
Port operators along the U.S. East and Gulf coasts breathed a sigh of relief last week when the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) avoided a work stoppage set to begin January 15 by reaching a tentative agreement on a new six-year master contract--which is initially set to expire after midnight on Tuesday--subject to ratification by both parties. The stoppage would have been the second strike in three months.
The ILA is the largest union of maritime workers in North America, representing more than 85,000 dockworkers, including 65,000 along the East and Gulf coasts; the USMX is a non-profit organization that represents container carriers, direct employers and port associations serving the two coasts.
For more information on the initial strike in October as well as other cargo port projects in the U.S., see October 2, 2024, article - Workers Strike Halts Cargo Operations at U.S. East, Gulf Coast Ports, and October 7, 2024, article - U.S. East, Gulf Coast Ports Restart Cargo Operations After Dockworkers Suspend Strike.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Click here for a full list of reports for U.S. cargo port projects that are under construction.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
