Port of Corpus Christi Announces First Quarter 2024 Volumes
Apr 19, 2024
Corpus Christi, TX, USA – The Port of Corpus Christi and its customers moved 48.9 million tons through the Corpus Christi Ship Channel in the first quarter of 2024, a slight decrease from the first quarter of 2023 of just over one percent.
The Port’s customers saw a slight increase in crude oil shipments during this period to 30.2 million tons, and a significant increase in agricultural shipments, but that was outweighed by decreases in refined products and shipments of LNG.
“The Port of Corpus Christi and its customers continue to show strong performance, particularly in the energy and agricultural sectors,” said Kent Britton, Chief Executive Officer for the Port of Corpus Christi. “With a number of infrastructure improvements either underway or in the works, we remain committed to helping our customer base bring continued prosperity to the Coastal Bend region.”
In September, the U.S. Army Corps of Engineers awarded the final contract for the Corpus Christi Ship Channel Improvement Project to Callan Marine, Ltd. Phases one and two have concluded, with the third estimated for completion later this year. The fourth and final phase of the CIP is projected to be complete in early 2025. The Port of Corpus Christi also has several other infrastructure projects in development or under construction, including improvements to its Bulk Terminal docks, upgrades to Cargo Dock 9 – which handles break bulk cargo, like wind farm components – and expansion of Oil Dock 1. The latter project will make Oil Dock 1 the first of the Port’s Inner Harbor docks to accommodate the new 54-foot channel depth.
“As the global markets continue to fluctuate amidst ever-changing conditions, the Port of Corpus Christi and its customers are helping to provide certainty at home and abroad,” said David Engel, Chairman of the Port of Corpus Christi Commission. “My fellow port commissioners and I look forward to continuing to support ongoing job growth in our area for the benefit of all.”
About Port Corpus Christi
As a leader in U.S. energy export ports and a major economic engine of Texas and the nation, the Port of Corpus Christi is the third-largest port in the United States in total waterborne tonnage. Strategically located on the western Gulf of Mexico with a 36-mile, soon to be 54-foot (MLLW) deep channel, the Port of Corpus Christi is a major gateway to international and domestic maritime commerce. The Port of Corpus Christi has excellent railroad and highway network connectivity via three North American Class-1 railroads and two major interstate highways. With an outstanding staff overseen by its seven-member commission, the Port of Corpus Christi is “Moving America’s Energy.” For more information about the Port of Corpus Christi, visit www.portofcc.com.
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