SOURCE: Industrial Info Resources

Industrial Info Resources

January 14, 2015 06:01 ET

Port of Houston Readies for New Panama Canal Traffic, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 14, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Port of Houston Authority is bustling with construction projects as it prepares for bigger ships and more traffic from the expansion of the Panama Canal.

Industrial Info is tracking nine Port of Houston Port Authority projects worth $347 million. The largest of these involve terminal expansions. The creation of a new traffic lane in the Panama Canal will double the waterway's capacity and allow bigger ships to move cargo from the Pacific to the Atlantic Ocean. Completion of the canal project is set for 2016.

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