Our Galveston Wharves board and staff rose to the challenges of 2020, demonstrating the port’s financial and operational strengths. Thanks to their fortitude, focus and hard work, we set new performance records and beat budget forecasts.

By generating stronger-than-expected revenues and managing expenses, we expect to outperform our revised COVID-19 budget with a positive cash flow of more than $1 million from operations. This is remarkable when you consider that cruising, our major revenue source, has been suspended since March.

Rodger Rees is port director and chief executive officer for the Galveston Wharves.

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(1) comment

Charlotte O'rourke

It would be “remarkable” if an accurate financial assessment were actually given.

The port is expected to have a net income LOSS this year and projected for next year in 2021.

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