GULF PORTS BRACE FOR A ROUGH 2009
January, 2009
JANET NODAR
Weathering the short term, planning for the long haul
Whether they had a foul 2008 or a fair — and some Gulf ports had a surprisingly healthy year, considering the turbulent economy — nearly all are hunkering down for the rough weather they expect in 2009.
Steel imports increased 33 percent at Houston and 21 percent at Brownsville in 2008. Bagged cargo is booming at the Port of Lake Charles; steel and other metals are up at Beaumont and Mobile; wind cargo is still strong at Corpus Christi and Freeport.
None of these ports are immune to the souring economy, however, and others are already feeling the pinch. Forest products have fallen off almost everywhere. Florida’s decimated housing industry has meant a tough time for breakbulk at the ports of Tampa and Manatee, and falling U.S. and global demand has hurt New Orleans. But no matter how 2008’s fierce winds affected them, these and the rest of the Gulf’s ports have big plans for the future.
Texas ports
Houston
The Port of Houston’s general cargo jumped 20 percent during 2008, to 8,009,262 tons from 6,676,520 tons. Steel was a primary driver, with the port handling 6,303,464 tons in 2008, up 33 percent from 4,742,414 tons in 2007. Only about 5 percent of the 2008 total was exports; about 7 percent of 2007’s total was exports. more…