The Port Commission of the Port of Houston Authority is moving to accelerate widening of the Houston Ship Channel, the nation’s busiest waterway, Kallanish Energy reports.
The Houston Ship Channel is experiencing tremendous growth. Houston, the country’s No. 1 export city, is home to the largest petrochemical manufacturing complex in the Americas.
Energy production and the export of crude oil, and the increasing global demand for chemicals produced in the region, are major drivers of this success.
Expansion of the Panama Canal, the growth of vessel sizes, and the region’s population growth have also resulted in record container demand, both for imported consumer goods and exported manufactured products, further driving the need for improvements to the channel.
The Houston Ship Channel is the 52-mile federal waterway that is home to the greater Port of Houston’s more than 200 private and eight public terminals.