Galveston Wharves plans major cargo expansion projects

Guided by its 20-Year Strategic Master Plan, Galveston Wharves is planning and executing projects for long-term economic and jobs growth, pending final Wharves Board approval and acceptable financing. These involve two projects totaling about $50 million that will expand acreage and infrastructure at the Port of Galveston’s West Port Cargo Complex.Galveston Wharves Company controls the port facilities.The goal of the projects is to bid these projects concurrently to save time ... [+]

Blown Away! Galveston Wharves reaches new wind cargo milestone [+]

Galveston Wharves closes 2020 with positive cash flow

The Galveston Wharves ended 2020 with a positive cash flow despite the pandemic and the related suspension of the port’s cruise business. Officials attribute this to fewer expenses and success in generating additional revenues. In 2020 income from operations, grants and investments totaled $29 million, while expenses totaled just over ... [+]

Galveston Wharves: What to Anticipate in 2021

If 2020 taught us anything, it’s the importance of focusing on the things we can control and being adaptable. The Galveston Wharves board and staff did just that. As a result, its business has weathered the pandemic well. Estimated total cargo was 4.2 million tons, 6 % over 2019. That’s another ... [+]

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