Friday, December 8, 2023

The Port of Corpus Christi has set a historic record for the amount of cargo moved

For the first time in the history of Port of Corpus Christilocated in Texas, United States, the facility was able to move more than 50 million tons of merchandise through the Corpus Christi Ship Channel in a quarter, setting a record for the sixth consecutive quarter.

The 52 million tons transferred in the third quarter of 2023 represent an increase of 7.7% compared to the same period last year and 4.5% more than the previous record recorded in the second quarter of 2023.

The recent high may cause an increase in crude oil exports. The Port of Corpus Christi saw a 4.4% increase in crude oil shipments (to 32.4 million tons) compared to the second quarter of 2023, as well as slightly higher volumes of liquefied natural gas (LNG), petroleum products, and agricultural products.

Port of Corpus Christi customers moved 151.3 million tons through the gate during the first nine months of 2023, an increase of 9.4% over the same period in 2022. The top commodities this time were crude oil, refined products, and LNG.

“This milestone is a testament to the strength of our customers to meet the strong and continuous needs of the global energy market,” he said. Kent Britton, executive director of the Port of Corpus Christi

“Our team at the Port of Corpus Christi remains committed to maintaining and expanding our waterway infrastructure to position our customers for continued success,” he added.

In September, the United States Army Corps of Engineers awarded the final contract for the Corpus Christi Ship Channel Improvement Project a Callan Marinemarking the start of the final phase of this important infrastructure project to widen and deepen the canal.

Phases one and two have been completed, and phase three is estimated to be completed in early 2024. The fourth and final phase of the CIP is expected to be completed in early 2025.

“We commend and congratulate our industry partners for the work they have done to create the economic prosperity the Coastal Bend region is experiencing,” he said. Charles W. Zahn Jr., Chairman of the Port of Corpus Christi Commission

“The Port of Corpus Christi will continue to support our customers in their efforts to strengthen and improve our communities,” he concluded.

World Nation News Desk
World Nation News Desk
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