Port of Galveston considers partner

April 15, 2010 6:07:14 PM PDT
The Port of Galveston is looking for a private partner to help with operations.

It's a popular port for cruise ships. Galveston Port Director Steve Cernak will ask its governing board to hire the Bank of Montreal to hire a partner. It will be considered on Monday.

Port managers hope an investment will wipe out debt and help them rebuild facilities.