MEDIA ADVISORY -- POHAIC Hosts Business Forum, Signing Ceremony With Port of Dalian, China

Houston, Texas, UNITED STATES

HOUSTON, March 2, 2004 (PRIMEZONE) --

      WHAT:    Business forum and ceremony marking the signing
               of a memorandum of understanding between Port of
               Houston Authority International Corporation (POHAIC)
               and the Port Authority of Dalian, China.

      WHEN:    Wednesday, March 3, 2004
               9 a.m. - 11:30 a.m.

      WHERE:   Inter-Continental Hotel
               2222 West Loop South
               Houston, Texas

      WHO:     Cheryl Thompson-Draper, POHAIC Director
               Wade M. Battles, Managing Director, Port of Houston
               The Honorable Xing Liangzhong, Deputy Mayor, City
               of Dalian, China
               Delegation of Dalian municipal government officials
               Delegation of City of Houston government officials

      WHY:     POHAIC will assist the Port Authority of Dalian in
               the development and implementation of marine terminal
               management and operational method training programs,
               trade development and marketing programs, and technical
               plans for the design, construction and operation of
               expanded facilities.

The Port of Houston Authority International Corporation offers administrative, business development, and operations expertise to port authorities, terminal operators, engineering firms, and construction companies worldwide in the pursuit of operational, commercial, and financial development of ports.

The Port of Houston Authority owns and operates the public facilities located along the Port of Houston, the 25-mile long complex of diversified public and private facilities designed for handling general cargo, containers, grain and other dry bulk materials, project and heavy lift cargo, and other types of cargo. Each year, more than 6,000 vessels call at the port, which ranks first in the U.S. in foreign waterborne tonnage, second in overall total tonnage, and sixth largest in the world. The Port Authority plays a vital role in ensuring navigational safety along the Houston Ship Channel, which has been instrumental in Houston's development as a center of international trade. The Barbours Cut Container Terminal and Central Maintenance Facility are the first of any U.S. port facilities to develop and implement an innovative Environmental Management System that meets the rigorous standards of ISO 14001. Additionally, the port is an approved delivery point for Coffee "C" futures contracts traded on the New York Board of Trade's Coffee, Sugar & Cocoa Exchange. For more information, please visit


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