We are excited to announce a major expansion of our operations in the Port of Houston, strengthening our industry-leading network and deepening our presence in one of the nation’s most important trade, energy and industrial hubs.

Under the agreement with the Port of Houston Authority, we have leased and will develop 28 acres of submerged land for dedicated barge fleeting operations. The site expands the footprint of our Lost Lake Fleet in the heart of the Houston market. The lease allows us to conduct barge fleeting in accordance with Port Authority standards.

“This investment reflects our increased focus on the Gulf Coast market and the critical role our Houston Operations play in ACBL’s transformation. Continued investment in our liquid business and in the Houston area is central to that strategy.”

— Peter Coxon, CEO

Development plans include new mooring structures, dredging and other infrastructure investments designed to support efficient, high-volume operations along the Houston Ship Channel. This investment, along with the extension of our current fleeting lease related to Lost Lake Fleet, increases our fleeting capacity in the Houston market and cements our ability to fleet barges at Lost Lake Fleet for decades to come.

“The Port of Houston has been a great partner in our expansion. We are excited to play a larger part in the operations of one of the premier ports in the world. Expanding our capacity in Houston strengthens not only our Gulf Coast operations, but our broader network across 15 states.”

— Alex Pucheu, Senior Vice President, Fleets, Terminals, and Real Estate

As demand for energy, chemicals and domestically produced goods continues to grow, investments like this position us to play an even greater role as an integrated partner in our customers’ businesses.