Chemical tanker traffic on Texas channel surges again in August

06 September 2012 23:36  [Source: ICIS news]

HOUSTON (ICIS)--August chemical tanker arrivals on the Houston Ship Channel rose by 88% year on year, continuing the boom on the waterway this year from surging petroleum product shipments, according to data released on Thursday.

The number of chemical ships that entered the Texas waterway in August totalled 130, compared with 69 vessels counted in August 2011, according to data from the Greater Houston Port Bureau (GHPB), which tracks ship movements on the channel.

August marked the 11th straight month of big gains for such ships, extending a trend that began in late summer 2011 of higher traffic on the channel from a boost in refined products and chemical shipments. In the first eight months this year, chemical tanker arrivals shot up 92% over arrivals during the same period of 2011.

The bureau's arrival data is a measure of overall ship traffic on the Houston waterway.

The rise in chemical tanker arrivals showed bigger gains by far than any other vessel category from January through August.

Crude tanker traffic, which accounts for the greatest number of ships, declined by 20% in the first eight months, to 1,990 tankers this year compared with 2,482 tankers in the first seven months of 2011, according to the GHPB data.

By: Lane Kelley
+1 713 525 2653

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