Port of Corpus Christi
Port of Corpus Christi News
Port of Corpus Christi Promotes CFO Kent Britton to CEO
The Port of Corpus Christi on Wednesday named Chief Financial Officer Kent Britton as its new chief executive officer to head the largest U.S. oil-export port by volume.The appointment comes nearly four months after Sean Strawbridge, the previous chief executive, abruptly resigned after he was questioned about his business expenses.Strawbridge has said all his expenses were in compliance with port policies and state statutes…
Crude Exports Lift Port of Corpus Christi to Q3 Tonnage Record
The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46.4 million tons, a 4% increase on overall tonnage. The growth primarily was a result of strong exports of United States produced crude oil to Western European buyers who have moved away from Russian crude imports. The U.S.
AAPA Elects Strawbridge as Next Board Chairman
Trade group the American Association of Port Authorities (AAPA) elected a new Chairman of the Board of Directors, Sean Strawbridge of the Port of Corpus Christi, last week during its 111th Annual Convention and Expo in Orlando, Fla. Outgoing Chairman Mario Cordero of the Port of Long Beach made the formal announcement during his address to members and attendees.AAPA President and CEO Chris Connor remarked on the transition…
Mitsubishi to Team Up with Port of Corpus Christi on US Ammonia Plant
Japanese trading company Mitsubishi Corp said on Wednesday it had signed a memorandum of understanding (MoU) with the Port of Corpus Christi Authority of the United States to collaborate on large-scale production facility of fuel ammonia in Texas.The move comes as part of Mitsubishi's efforts to create global supply chains of the clean fuel to help Japan's and other Asian countries' attempts to combat climate change…
Port of Corpus Christi Obtains Texas Cybersecurity Certification
The Port of Corpus Christi has become the first port in the state to obtain the Texas Cyberstar Certification, issued by the Texas Department of Information Resources (DIR).The Cyberstar Certificate Program was launched in May by the Texas DIR to recognize public and private organizations in the state that voluntarily meet specific criteria for cybersecurity best practices.“We remain committed to our CyberSecurity program at the Port of Corpus Christi.
Port Corpus Christi Sets New Tonnage and Revenue Records
The Port of Corpus Christi reports it experienced double-digit volume growth in the first four months of 2022, establishing new records for tonnage and revenues. Through the end of April its customers moved 59.2 million tons of cargo through the Port of Corpus Christi, representing a 10.4% increase over the prior record set in 2020. These new tonnage records were a result of a 56.2% increase in liquefied natural gas (LNG) exports (5.4 million tons)…
Port of Corpus Christi Names Takizawa Director of Trade Development
The Port of Corpus Christi Authority has named Marcelo “Yudi” Takizawa as its Director of Trade Development. Takizawa has more than 20 years of commercial business and market development leadership experience in the energy and marine transportation space. He comes to the Port of Corpus Christi from Vopak.In his new role, Takizawa will oversee all business and trade development initiatives for the Port of Corpus Christi…
Corpus Christi Ship Channel Improvement Included in Biden's Spend Plan
The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released Monday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category. The President’s recommended funding targeted project closeout appropriations of $157.3 million. Once approved by Congress, the appropriation would complete the Corpus Christi Ship Channel Improvement Project, rendering it the most improved ship channel in the entire U.S.
Port of Corpus Christi Inks Decarbonization Deal
The Port of Corpus Christi Authority has entered into a Memorandum of Understanding (MOU) with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) as part of the Port’s commitment to decarbonization and energy transition initiatives.The agreement between the two parties is intended to advance collaboration between the Port of Corpus Christi, NREL and Port tenants by identifying scalable energy transition and decarbonization projects that require techno-economic-analysis…
Port of Corpus Christi Buys New Police Boat
The Port of Corpus Christi Authority (PCCA) has added a new patrol boat to its security force.The new 44-foot port security boat was purchased using a combination of Port Security Grant Program funds from the Federal Emergency Management Administration (FEMA) and U.S. Department of Homeland Security (DHS), as well as matching funds from the PCCA. The new boat replaces one existing police vessel that…
Corpus Christi, Rotterdam Ports Announce Partnership
The U.S.’ largest energy export gateway and Europe’s leading industrial deepsea port have entered into a Memorandum of Understanding that will allow the two global entities to collaboratively improve their global maritime operations.The Port of Corpus Christi and the Port of Rotterdam have outlined a number of shared objectives, which include codeveloping trade and commercial opportunities, fostering an exchange of information…
Callan Marine Wins Dredging Work at Port of Corpus Christi
Texas-based dredging contractor Callan Marine said it has been awarded the long-term contract for maintenance and new work dredging of the Port of Corpus Christi.The Port of Corpus Christi is the third most profitable port in the United States and is the second-largest exporter of crude oil. The channel itself is 36-miles long, with 30+ ship berths serving the cargo, dry and liquid bulk, breakbulk…
Port of Corpus Christi Readies VLCC Terminal
The fourth-largest port in the United States in total tonnage, Port of Corpus Christi has leased land where it hopes to build the nation's first export terminal…
Corpus Christi Port to Build Oil Export Terminal
Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U.S. oil industry struggles to keep up with record levels of production, driven by the Permian shale patch in West Texas. Both…
POTAC Signs Dock Usage Pact with Port of Corpus Christi
POTAC (Pin Oak) announced the execution of a ten year exclusive use agreement for Suezmax vessels at Public Oil Dock 14 with the Port of Corpus Christi, including extension options…
Port of Corpus Christi Raises USD 216mln for Ship Channel Expansion
Port of Corpus Christi successfully priced and sold $216.2 million of Senior Lien Revenue Bonds. These bonds will be used for both the deepening and widening of…
Corpus Christi Gearing Up to Handle US Shale Export Boom
Port officials on Tuesday are expected to consider $300 million in financing that would prepare the country's largest oil-export port - Corpus Christi, Texas - to handle a surge in U.S. shale production over the next five years.International buyers would like more U.S. crude but are unable to get it because of infrastructure constraints along the U.S. Gulf Coast. Terminals originally designed for imports…
Port of Corpus Christi Selects Adesta
Adesta, a multi-discipline infrastructure service provider and integrator, has announced that it has been awarded a $1.8 million contract to provide and integrate physical security…
Port of Corpus Christi Cold Storage Adds New Repack Line
The Port of Corpus Christi Cold Storage has an improved feature, a new repack line. Already in the repacking business with pork bellies and hams, the Port of Corpus…
Port of Corpus Christi Receives Security Grant
The Port of Corpus Christi received notification of a $2.27 million grant from the U.S. Department of Transportation (DOT). Congress provided funding for the grant…
