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GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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24 May 2024 / Houston, United States
The Port of Houston held a meeting last week about the proposed Project 11 User Fee scheduled to be implemented mid-2025 to pay for channel widening.
This fee will be in effect for a period of roughly 30 years until the project is paid for based on a cost of approx. $1.51 billion.
The fee will be assessed to each deep draft vessel (>20 feet) vessel entering the channel with no fee charged for intra-port movements or sailings. The exact fee has not been published at this time but will be based on vessel’s LOA and Beam and they have stated the average cost will be $4,725/vessel.
More details can be found at the project site (https://www.expandthehoustonshipchannel.com/).
For further details and updates, as well as information about operations in the United States, contact GAC North America at [email protected]