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The Odd Lots podcast from Bloomberg just did an episode on the Foreign Dredge Act. As a Houstonian, I was shocked to learn that the Port of Houston is being ho
by akgoel 4y ago
The Odd Lots podcast from Bloomberg just did an episode on the Foreign Dredge Act.
As a Houstonian, I was shocked to learn that the Port of Houston is being hobbled by our inability to dredge properly, limiting container vessels to once a week, and slowing down oil tanker shipments. There is currently only one narrow lane that is dredged, and opening a second lane would improve traffic flow quadratically.