On August 21st, the Port of Corpus Christi hosted its annual State of the Port Address. hosted by the Corpus Christi Hispanic Chamber of Commerce.
Port Corpus Christi Commission Chair Judy Hawley shared with the crowd that “the state of the port is healthy, we’re healthy financially and we’re healthy in terms of tonnage.” Mrs. Hawley also stressed the importance of the port widening and deepening of the ship channel to accommodate heavier and larger ships.
Currently the ship channel is 45 feet deep and the project would deepen it to 52 feet and widen it to 530 feet. This would decrease the number of tankers who are forced to “lighter” before they can enter the ship channel as well as accommodate most of the world’s shipping fleet into the ship channel.
The cost of the project will be approximately $300,000,000. The state already has half of the funding needed and is waiting for the federal government to match it. There is no timeline for the project yet, but the design and engineering aspects are 99% done.
As companies are looking to bring down their transportation costs, many are turning to larger ships to transport their cargo. These Mega-Ships are presenting many logistical and financial challenges to ports all over the world.
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