Orion Marine Inc. will soon begin dredge maintenance on the Corpus Christi Ship Channel and at the La Quinta Junction following award of an $8+ million contract from the U.S. Army Corps of Engineers. Orion will be required to remove approximately two million cubic yards of shoaled material to ease transit of deep draft vessels.
The maintenance will also allow for the mobilization of the Big Foot platform to remain on schedule.
The project is estimated to be complete by May of 2014.
Read more about this project from DVIDS;
The Netherlands based commodities trader, Trafigura, is making major investment in South Texas, specifically at their Port Corpus Christi terminal. Current projects include the reversal of a pipeline system to carry 100,000 barrels of Eagle Ford crude oil and condensate to Corpus Christi and a $500,000 expansion of the Corpus Christi terminal. Terminal expansion will allow berth for three medium range tankers and two inland barges to be serviced concurrently.
Read an interview with Jeff Kopp, Trafigura's Director of oil for North America, from the San Antonio Business Journal : Five Minutes with Jeff Kopp, director of oil for Trafigura North America
The voestalpine Group plans to increase annual revenue from it's current EUR 11.5 billion to EUR 20 billion by 2020. This growth will come from emerging markets including South Texas, where the group is bringing business.
The voestalpine Group is basing it's Texas operations in South Texas with construction of a steel plant on Port Corpus Christi's La Quinta Trade Gateway.
Eagle Ford Shale activity has created a reversal of logistics in South Texas. Refineries are running differently, pipelines are set up with a converse flow, meanwhile Port Corpus Christi emerges as an exporting port.
In recent San Antonio Express and Houston Chronicle articles, NuStar president and CEO, Curt Anastasio mentioned that Corpus Christi is the most important location in the NuStar system.
Eagle Ford Shale crude oil, and other commodoties related to the boom such as frac sand and steel pipe, are moving in and out; day and night.
Billions of dollars in domestic and foreign investment are being spent on projects through out Port Corpus Christi.
For more news including a great photo essay on this please visit the following links :
photo credits : Bob Owen/San Antonio Express-News
A pipeline system that could move up to 100,000 barrels of crude and condensate daily is being converted from a natural gas pipleline system by Dallas' Energy Transfer Partners.
The pipeline will transfer commodoties through South Texas to Trafigura's Corpus Christi Terminal at Port Corpus Christi.
Read more on this project from San Antonio Business Journal's Eagle Ford Insight; Energy Transfer Partners converts pipeline to carry crude to Corpus Christi terminal; which also mentions Trafigura's construction of a second deep water dock on the Corpus Christi Ship Channel.
2013 Press Releases/ Media Advisories
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Strategically located on the western Gulf of Mexico, Port Corpus Christi is the sixth largest port in the United States in total tonnage. With a straight, 45' deep channel, the Port provides quick access to the Gulf, the United States inland waterway system and the world beyond.
Corpus Christi, Texas, USA: 222 Power Street, 78401 - P.O. Box 1541, 78403 Main: 361-882-5633 - Fax: 361-882-7110 - Toll free: 1-800-580-7110