Happy Wednesday!
At this point,
you know we like to stay on top of the happenings at the Ports in Texas. In 2023, the Port of Brownsville was in our
blog couple times for receiving good news for example when the Texas 88th
Legislature awarded them money from the Maritime Infrastructure Program, or them
greenlighting Great Lakes Dredge and Dock Corporation to deepen their ship
channel by ten feet. In addition, we
spoke on the Vessel Suitability and Feasibility Project which received federal
money back in the April. We are proud to
announce more money is coming to this growing port.
Did anyone receive
the Port of Brownsville’s Port Matters Newsletter on October 7, 2024, “Port
of Brownsville Secures Loan for BIH Project”? The Port of Brownsville announced
they have attained a low interest loan for $43 million from the Texas Department
of Transportation (TxDOT) in September for its Brazos Island Harbor Channel Improvement Project.
The Texas Transportation Commission had a scheduled meeting September 26th,
2024, and on its agenda was to ratify an application for a $43 million Ship
Channel Improvement Revolving Fund (SCIRF) loan for Port of Brownsville. The loan is from legislation ratified and
signed by Governor Abbott in 2023. The
loan will be the Ports’ portion of Phase 2. Their partners, US Army Corps of Engineers
(USACE) having already successfully attained $68 million for their portion, and
the project will be deepening the waterway from the turning basin to Rio Grande
LNG’s location. USACE has decided to
give the contract of Phase 2 to Callan Marine LTD with the work to begin this
month and the project is likely to be finished by mid-2026. Phase 1 was solely paid for by NextDecade who
deepened the waterway from its mouth to their western boundary of their
subsidiary, Rio Grande LNG, in addition they will be building two ship berths
and a turning basin for its new facility. This funding is wonderful news for the Port
of Brownsville, and we would like to congratulate them. If you would like to read more of Port of Brownsville’s Press Release, please
click the link: Port of Brownsville Secures Loan for BIH Project – Port of Brownsville.
If you would
like help in looking into how to make improvements at your liquids terminal,
contact us via email in the blog and check out our ESC's website!
We would like
to let you know we will be attending the Greater Houston Port Bureau’s Commerce
Club Luncheon tomorrow, October 10, 2024.
We hope to see you there!
We hope you have a wonderful evening and a great rest of
your week!
**Disclaimer: Please see the Port of Brownsville’s
announcement for specific details. **