A favorable outlook is seen for energy-related project opportunities, according to engineering, procurement and construction company executive Ed Gore, speaking today [Wednesday, Oct. 18] in the opening keynote session of the 28th annual Breakbulk Americas conference and exhibition, hosted by Port Houston, which has drawn more than 4,000 registrants to the George R. Brown Convention Center in Houston.
The Port of Savannah is on pace to top the 4 million mark in TEU this year, continuing to be the fastest-growing U.S. containerport, according to Griff Lynch, executive director of the Georgia Ports Authority (GPA).
While estimates of total economic losses related to Hurricane Harvey are climbing to nearly $200 billion, major Texas seaports have shown their resiliency, sustaining minimal damage to port infrastructure and with most operations having resumed by a week and a half after the storm’s initial landfall.
Following a Labor Day weekend that had railroad crews continuing to be busy in recovery efforts from Harvey, rail operations have resumed in much of Texas, in some cases on a limited basis, with those in the far eastern part of the Lone Star State looking to be the last to get back online.
Significant potential exists for trade between Cuba’s Port of Mariel and the Port of New Orleans, but U.S. trade policy and Cuban economic hurdles stand in the way, according to opening addresses today at the Cargo Connections Conference in New Orleans.
The U.S. East and Gulf coasts can expect to be significantly served by a pair of transshipment hubs – ideally in Cuba and Canada’s province of Nova Scotia – a leading port industry economist said today.