Corpus Christi Books Record H1 Results as It Eyes LNG Trade(marine crane manufacturer;offshore crane manufacturer)

- Jul 17, 2018-

corpus-christi-port-550x366.jpgThis number exceeds the tonnage moved in the first half of 2017 by 926,000 tons, a 2 percent increase year over year. The port attributed the growth to a 9 percent growth in crude oil and a 2 percent increase in all other petroleum products, compared to the same period in 2017.

“In 2017, the port recorded its second highest year ever in tonnage, at 102.4 million tons, and we set a new record in operating revenue with USD 95.3 million. This is not an anomaly. These numbers continue to grow in 2018,” said Sean Strawbridge, CEO of the Port of Corpus Christi.

The increasing tonnage further solidifies the port’s push for the Channel Improvement Project (CIP), which includes dredging the ship channel from 47 feet to 54 feet and widening it to 530 feet, to accommodate larger vessels.

To that end, the port approved a bond resolution to issue up to USD 217 million in revenue bonds to help finance capital improvements. Aside to the USD 335 million dredging project, set to start later this year, the port plans to invest in new terminals in the Gulf of Mexico and rail infrastructure.

In addition, the port aims to play a larger role in the development of LNG exports from the U.S. once the deepening project is completed.

“The timing is ripe as we are seeing significant growth in export of U.S. crude oil and we soon will start to export liquefied natural gas,” said Charles W. Zahn, Jr., Port of Corpus Christi Commission Chairman.

Namely, the port has been in talks with the authorities from the Panama Canal about future cooperation on the ever growing LNG trade through the new Neopanamax locks as it eyes to capitalize on the greater export capacity afforded by the dredging of its channel.

In addition, the ongoing Harbor Bridge replacement project is expected to help the port make way for more LNG export facilities.

The LNG trade for the port is gaining ever more on importance following Cheniere’s LNG sale and purchase agreements signed in February 2018 with China National Petroleum Corporation on the supply of 1.2 million tons of LNG, in part, through Corpus Christi Liquefaction.

(marine crane manufacturer;offshore crane manufacturer)

Product Description

OUCO Electrical Marine CranesOUCO-Marine-20T30M-Mobile-Hydraulic-Portal-Crane.jpg

Electrical marine cranes mainly used on the bulk carrier or barge vessels. This type of crane either can be used on deck of vessels, or at ports. All because its feathers of safety, stability, and reliability. Large lifting capacity, easy maintenance, high efficiency and low cost make this type of cranes very popular

Features and advanages:

Convinence in use of port handlings;

Cost saving by light self weight;

Easy maintenance;

Reasonalbe design for several applications.

Product Feature

Remote control

External hydraulic power packs

Anti-collision system

Design according to rules and regulations API 2C.

Class Societies like ABS, CCS, DNV, LR, RMRS, etc.

Diesel hydraulic drive

Full electrical system

(marine crane manufacturer;offshore crane manufacturer)