Port Bureau Updates
August 2016 Commerce Club
Rep. Brian Babin
The Port Bureau is proud to welcome Congressman Brian Babin for a special August edition of our Commerce Club luncheons. Congressman Babin, sworn into the 114th Congress on January 5, 2015, is appointed to two committees that are critically important to the 36th District. These are the Houston Transportation and Infrastructure Committee, affording him the opportunity to address the needs of critical ports, highways, rails, and pipelines within the District, and the House Committee on Science, Space and Technology. Serving as Chairman of the House Subcommittee on Space, Congressman Babin is able to serve as a national leader for America’s space policy matters of NASA and represent the interests of Johnson Space Center. He also serves as a member of the Subcommittee on Environment, leading efforts to bring transparency and accountability to the EPA.
Born in Port Arthur, Texas, Congressman Babin is a life-long resident of East Texas. He graduated with a bachelor of science from Lamar University and completed dental school at the University of Texas Dental Branch in Houston. He and his wife, Roxanne, have five children and 12 grandchildren. The Babins reside in Woodville.
Thank you to our Annual Sponsors: Houston Pilots, Richardson Companies, Odfjell, and West Gulf Maritime Association; and our Table Sponsors: Buffalo Marine Service, Inc., Gulf Winds International and Targa Resources. Register now by visiting www.txgurf.org/commerceclub or by calling the Port Bureau at (713) 678-4300.
Rickmers-Linie, the liner service specialist for breakbulk, heavy lift and project cargoes, announced in June they will take over the activities of tramp and chartering specialist Nordana Project & Chartering with offices in Copenhagen, Bangkok, Singapore and Houston. The business will continue under the name and brand “NPC” and become an independent division supplementing the Rickmers-Linie segment within the Rickmers Group effective July 1, 2016.
In the new arrangement, NPC will operate a multipurpose heavy lift fleet worldwide in the size range between 8,000 and 21,000 dwt with a lifting capacity of up to 500 tonnes. The core fleet will be made up of Nordana’s 12,000 dwt heavy lift vessels and will include Thai flag vessels. NPC will be managed by Lars Steen Rasmussen (Copenhagen) and Torben Reinhard (Bangkok) and will be a separate entity within the Rickmers-Linie segment.
Chambers USA 2016 Guide Recognizes Porter Hedges Among Country’s Leading Law Firms
Chambers USA, a comprehensive legal guide ranking firm and lawyers, has once again ranked Porter Hedges both nationally, in Texas, and in Oklahoma among the leading firms and lawyers in several practice areas in its 2016 law firm rankings. Seven practice areas and twelve lawyers were ranked. Nationally, Porter Hedges was ranked for their Energy: Oil & Gas practice area. In Texas, practice areas ranked included Banking & Finance, Bankruptcy/Restructuring, Capital Markets: Debt & Equity, Construction/M&A, Environment, and Litigation: Energy & Natural Resources.
Orion Group Holdings, Inc. (NYSE:ORN) (the “Company”) a leading specialty construction company, announced on June 9, 2016, a contract award of approximately $10 million.
The Company’s Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a contract from the United States Army Corps of Engineers to perform dredging services in the Matagorda Ship Channel. The project entails dredging work between Port O’ Conner, Texas and Point Comfort, Texas. The project will begin at the end of the second quarter of 2016 with a duration of approximately 10 months.
LBC Tank Terminals and Magellan Midstream Look to Expand Seabrook Logistics’ Houston Gulf Coast Crude Oil and Condensate Infrastructure
LBC Tank Terminals, LLC (LBC) and Magellan Midstream Partners, L.P. announced on May 31, 2016, that they have entered into a letter of intent for Seabrook Logistics, LLC, owned 50/50 by LBC and Magellan, to expand its crude oil and condensate storage, marine capacity, and pipeline infrastructure in the Houston Gulf Coast area.
The proposed expansion, which has been approved by the board of directors of both Magellan and LBC, is subject to receipt of necessary permits, regulatory approvals and completion of binding agreements. A portion of the additional new storage and pipeline assets could be operational by the end of 2017.
- Date July 18, 2016
- Tags July 2016