Port of Corpus Christi and Port of Rotterdam sign MoU
The Port of Corpus Christi, the United States' largest energy export gateway, and the Port of Rotterdam, Europe’s leading industrial deepsea port, have entered into a Memorandum of Understanding (MOU) that will allow the two global entities to collaboratively improve their global maritime operations, according to Port of Rotterdam's release.
The two ports have outlined a number of shared objectives, which include co-developing trade and commercial opportunities, fostering an exchange of information, and advancing the development and deployment of innovative technologies specifically related to navigational safety and environmental protection.
Since Congress lifted the ban on U.S. crude oil exports to global markets in December 2015, the Port of Corpus Christi has become the nation’s largest crude oil export gateway, as well as the largest in total revenue tonnage. In 2020, the Port of Corpus Christi set an annual tonnage record for the fourth consecutive year, moving 159.7 million tons (144.9 million tonnes), driven primarily by increases in crude oil, LNG and agricultural exports. While the Port continues to reinforce its prowess in the global energy market, its leadership remains committed to Environmental, Social and Governance policies.
Like the Port of Corpus Christi, Port Rotterdam has taken proactive steps to reduce its carbon footprint and bring technology to bear to bolster environmental protection. These efforts include deployment of carbon capture and storage technologies, using hybrid, electric- or hydrogen-powered vehicles for port business and patrols, and discounts on port dues for sea-going vessels who exceed statutory environmental requirements.
The Port of Rotterdam in 2020 moved 436.8 million tonnes of cargo through its 42km waterway in the Netherlands. Approximately 30,000 ocean-going vessels and 100,000 inland vessels call on Port of Rotterdam per annum. Providing direct and indirect employment to some 385,000 people and representing 6.2% of the Netherlands’ GNP, the port of Rotterdam is an important pillar for both the Rotterdam region and the Dutch economy as a whole.
About Port Corpus Christi
As a leader in U.S. Crude Oil export ports and a major economic engine of Texas and the nation, Port Corpus Christi is the largest port in the United States in total revenue tonnage. Strategically located on the western Gulf of Mexico with a 36-mile, soon to be 54-foot (MLLW) deep channel, Port Corpus Christi is a major gateway to international and domestic maritime commerce. The Port has excellent railroad and highway network connectivity via three North American Class-1 railroads and two major interstate highways. With an outstanding staff overseen by its seven-member commission, Port Corpus Christi is 'Moving America’s Energy.'