The Panama Canal Authority has signed a memorandum of understanding (MOU) with the Port of Corpus Christi to work with one other in order to promote trade opportunities.
“We are proud of Port Corpus Christi’s dedication to economic development throughout south Texas over the last 85 years,” said ACP Administrator/CEO Alberto Alemán Zubieta.
“It is important that we remain committed to establishing partnerships with ports in the US as we move forward with the expansion of the Panama Canal. Our agreement will strengthen this commitment and promote trade along the Gulf Coast of the US.”
Among other items, the Port of Corpus Christi handles Honeydew melons, watermelons and limes from Central America, as well as fruit from Washington State.
The facility is also targeting Chile, Peru and Guatemala for additional seasonal business.
To better serve its customers, the Port of Corpus Christi said it plans to diversify its cargo base and develop important infrastructure projects, such as the dredging of the extension of the La Quinta Channel and the expansion of the Port's rail capabilities.
“These projects, as well as several others, continue to attract new industry to the Port, helping to create new jobs for the region and to open new shipping trade routes opportunities through the Gulf of Mexico,” the group said in a press release.
By taking advantages of the opportunities the Panama Canal, Port Corpus Christi claim they will become south Texas’ strategic shipping link to the world through the Gulf of Mexico.
Meanwhile, the Panama Canal’s expansion is on schedule, following the recent commencement of the permanent concrete work for the new locks.
The US$5.25bn project includes the construction of a new set of locks that will allow the transit of longer and wider ships.
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