Increased shipments of crude oil last year led to a record amount of products through the Port of Corpus Christi in Texas.
A report showed the Port and its customers moved 206.5 million tons in 2024 which is a new high mark.
Port customers also ended 2024 with record quarterly tonnage (54 million tons) in Q4 2024 – a 4.3 percent increase over the same period last year and a 1.9 percent increase from the previous quarterly record (Q3 2024).
Leading commodities in Q4 2024 included crude oil, refined products and liquefied natural gas. For the year, crude oil shipments increased 3.5 percent over 2023 to 130.5 million tons, while dry bulk and agricultural goods increased 8.1 percent and 38.7 percent, respectively. The new annual tonnage record is 1.7 percent higher than the previous record set in 2023, marking the seventh consecutive record year set by Port of Corpus Christi customers.
“The commitment of Port of Corpus Christi customers to deliver American energy and essential goods to our trading partners and allies around the world reinforces to the global marketplace the resilience of the South Texas Coastal Bend,” said Kent Britton, Chief Executive Officer for the Port of Corpus Christi.
Completion of the fourth and final phase of the Corpus Christi Ship Channel Improvement Project is projected for early 2025. Once completed, the Coastal Bend region will be home to the most improved waterway on the Gulf Coast, from Texas to Florida, with a deeper (54 feet Mean Lower Low Water) and wider (530 feet) ship channel with additional barge shelves.
Source: press release