Trafigura AG, an international commodities trading and logistics provider, has signed an agreement for the sale of 80 percent of its membership interests in the entity which holds its South Texas midstream assets, Trafigura Terminals LLC, to Buckeye Partners, L.P. The total transaction value agreed was USD 860 million before customary post-closing adjustments. Closing of […]
September 4, 2014 | Posted in
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A U.S. Coast Guard helicopter crew evacuated the captain of a tanker approximately 50 miles offshore of Corpus Christi, Texas, Wednesday morning. Watchstanders at the Coast Guard Sector Corpus Christi command center were notified Tuesday at approximately 4:30 p.m. that the 50-year-old captain of the Weser, a 422-foot oil and chemical tanker vessel, was experiencing […]
The Port of Corpus Christi has reported that their statistics for June, 2014 show the continuing upward trend of outbound shipments. Measured in barrels per day (b/d), crude and condensate is up at 551,934 b/d in June of 2014 compared to 341,824 b/d for June of 2013. June shipments also rose 5% month on month, […]
Texas-based Port Corpus Christi and Colombia’s Palermo Port Society have signed a Memorandum of Understanding (MoU) to further strengthen international trade opportunities, and affirm once more their strategic partnership. Representatives from Port Corpus Christi and Palermo Port Society signed a MoU documenting their strategic partnership in April of 2014 in Corpus Christi, Texas, USA. Now, the […]
NuStar Energy L.P. has completed construction of a private marine loading dock at its North Beach Terminal in Corpus Christi, Texas, and has its first ship at the dock to be loaded with crude oil. Originally scheduled to be completed in the second quarter of this year, NuStar expedited the project in order to meet […]
The Port of Corpus Christi and the Tianjin Port (Group) Co., Ltd signed a memorandum of understanding yesterday ( October 18th). The Tianjin Port Authority hosted a delegation of the Port of Corpus Christi, led by City of Corpus Christi Mayor Joe Adame, for the official signing of the MOU. The cooperation alliance between […]
October 19, 2011 | Posted in
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The Panama Canal Authority joined the Port in Corpus Christi yesterday at the Congressman Solomon P. Ortiz International Center to celebrate the Port’s 85th anniversary and sign a memorandum of understanding (MOU) to work with one other to promote trade opportunities. With cotton as its first cargo, 85 years ago Port Corpus Christi opened […]
