Search results for: Port of Corpus Christi

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  • 13 March 2019
    Business & Finance

    Additional funds for the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) announced.

  • 21 May 2019

    On May 29, the Port of Corpus Christi will see the commencement of the Ship Channel Improvement Project.

  • 14 March 2019
    Business & Finance

    For the second year, the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) has been included in the President’s Budget for U.S. Army Corps of Engineers Coastal Navigation Construction. According to the port, Corpus Christi is the only Texas port included in the President’s proposed budget. “We are pleased with the Administration’s recognition of […]

  • 15 October 2019
    Business & Finance

    The Port of Corpus Christi, located on Corpus Christi Bay in the western Gulf of Mexico, has just released their latest business results, saying that the port set three new tonnage records recently, including the highest volume in a single month.  September tonnage was 12.2 million tons, a 27% gain over the previous record set […]

  • 12 February 2020
    Business & Finance

    In the newly released fiscal year 2021 President’s Budget, the White House included over $100 million for the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) under the U.S. Army Corps of Engineers (USACE) Civil Works Division for Coastal Navigation Construction.  This is the third consecutive year that the Port of Corpus Christi has been included in the President’s proposed budget. “The Corpus […]

  • 15 October 2018
    Business & Finance, Project & Tenders

    The Port of Corpus Christi recently reported a new tonnage record of 79.3 million tons for the first nine months of 2018, which further supports the Port’s call for the US Army Corps of Engineers to move swiftly in the execution of the Corpus Christi Ship Channel Improvement Project (CIP). The new record surpasses the previous one […]

  • 27 November 2018
    Business & Finance

    The U.S. Army Corps of Engineers announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million. According to USACE, the estimated CIP cost is $360 million, of […]

  • 14 February 2018
    Business & Finance

    The Port of Corpus Christi’s CIP was included in the fiscal year 2019 Presidential Budget.

  • 14 June 2018
    Business & Finance

    Orion Group Holdings’ Marine Segment has won a $18 million contract from the Port of Corpus Christi for the design, construction and dredging of a new cement unloading dock, set to be located on the Corpus Christi ship channel.   Commenting the latest contract, Port of Corpus Christi CEO, Sean Strawbridge, said: “The P3 paradigm (Public Private Partnerships) is a proven model […]

  • 16 November 2018
    Business & Finance, Project & Tenders

    Orion Group Holdings, Inc. (ORN) has just announced a contract award of approximately $13 million. According to ORN, the Company’s Marine segment was recently awarded a contract from the Port of Corpus Christi Authority. The contract calls for Orion to provide dredging services in the La Quinta Channel area of the Port and construct improvements to the local […]

  • 13 March 2018
    Business & Finance

    Port of Corpus Christi CEO, Sean Strawbridge, last week testified before the House Committee on Oversight and Government Reform’s Subcommittee on the Interior, Energy and Environment in a hearing titled, “Examining the U.S. Army Corps of Engineers (USACE).” Mr. Strawbridge advocated for necessary funding and proposed ways for the USACE to improve delivery of crucial infrastructure projects […]

  • 22 June 2018
    Business & Finance

    The Port of Corpus Christi has achieved an another milestone with last week’s release of the U.S. Army Corps of Engineers (USACE) FY’18 Work Plan.  Included in the Corps of Engineers’ navigation construction budget was nearly $23 million for the Corpus Christi Channel Improvement Project (CIP) designed to deepen and widen one of the nation’s […]

  • 30 July 2018
    Business & Finance

    The Port of Corpus Christi successfully priced and sold $216.2 million of Senior Lien Revenue Bonds on Tuesday, July 24, 2018. According to their official announcement, these bonds will be used for both the deepening and widening of the Corpus Christi Ship Channel as well as upcoming capital projects within the port. Wells Fargo Securities […]

  • 23 April 2020
    Business & Finance

    Pin Oak Corpus Christi, LLC received its first vessel at the newly commissioned Oil Dock 14 at the Port of Corpus Christi last week. The new dock can accommodate fully laden bulk liquid tankers up to Suez-max class with loading rates in excess of 40,000 barrels per hour. The Port of Corpus Christi is the […]

  • 10 August 2006

    The Port of Corpus Christi plans to commit $83 million to develop a new container terminal along the Gulf Coast. The Port of Corpus Christi is in negotiations with Dragados-S.P.L. in Madrid, Spain, toward a definitive construction and long-term concession agreement for the La Quinta Trade Gateway Container Terminal. The Port of Corpus Christi plans […]

  • 4 January 2019

    Great Lakes Dredge & Dock Company to deepen and widen the Corpus Christi Ship Channel.

  • 14 February 2018
    Business & Finance

    For the first time, the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) was included in the FY 19 Presidential Budget for U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction, released by the White House earlier this week. “This is a historic day for the Port and we are honored to have the CIP included in President […]

  • 16 April 2020
    Ports & Logistics, Project & Tenders

    Pin Oak Corpus Christi, a joint venture between Dauphine and commodities trader Mercuria Energy Group, received its first vessel Wednesday at its newly commissioned oil dock at the Port of Corpus Christi. The dock, capable of accommodating fully laden bulk liquid tankers up to Suezmax class with loading rates in excess of 40,000 barrels per […]

  • 29 March 2019
    Business & Finance

    The Port of Corpus Christi Commission approves a lease agreement with Lone Star Ports.

  • 30 July 2018

    The Port of Corpus Christi has raised USD 216.2 million from the sale of Senior Lien Revenue Bonds.

  • 25 June 2018
    Business & Finance

    The Port of Corpus Christi said in their latest announcement that they approved a bond resolution authorizing the port to issue up to $217 million in revenue bonds to help finance major capital improvements, including the Corpus Christi Ship Channel. “The financing will allow the port to continue developing more terminals, rail, and channel improvements […]

  • 12 September 2019
    Business & Finance

    Terminal commissioning marked an important milestone for the Eagle Ford Terminals Corpus Christi joint venture.