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Home›Business development›Port of Corpus Christi finishes 2021 in style
Business development

January 19, 2022 · about 4 years ago

Port of Corpus Christi finishes 2021 in style

The Port of Corpus Christi, Texas, ended 2021 with record tonnage. Their new annual tonnage record of 167.3 million tons is a 4.7 percent increase over 2020. The Port also saw its best quarter in Q4-2021 at 44.3 million tons, besting the prior record from Q2-2021, and setting a new high for the seco

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Port of Corpus Christi finishes 2021 in style

The Port of Corpus Christi, Texas, ended 2021 with record tonnage.

Their new annual tonnage record of 167.3 million tons is a 4.7 percent increase over 2020.

The Port also saw its best quarter in Q4-2021 at 44.3 million tons, besting the prior record from Q2-2021, and setting a new high for the second half of the year. From July through December 2021, the Port of Corpus Christi moved 86.8 million tons of cargo, up 4.7 percent from the previous mark set in the second half of 2020.

“These tonnage numbers are an indication of a continued recovery in the global energy markets coupled with an economic resiliency resulting from our transportation infrastructure investments alongside our customers increased investments in their operations,” said Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi.

The Port of Corpus Christi and the South Texas Coastal Bend has seen over $55 billion in private industrial investments over the past five years, an unprecedented level of growth resulting in a vibrant regional economy.

Additional investments in infrastructure include the Corpus Christi Ship Channel Improvement Project , which once completed in late 2023 will render the Corpus Christi Ship Channel the deepest and widest ship channel in the entire U.S. Gulf.

Work on Phases 2 and 3 of this four-phase project are ongoing, with funding for the fourth and final phase pending federal appropriations.

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