East Coast rebounds after Covid-19 pandemic and port congestion.
Ports on the US East Coast have recorded record volumes with the Port of Corpus Christi ending June with a new record quarter and a record first half of the year.
The Port moved nearly 80.5m tonnes of cargo in the first half of the year, a 4.7% increase over the same period in 2020.
The increase was largely due to a 72% year-over-year increase in LNG exports, a 42% increase in agricultural commodities, and a 3.6% increase in crude oil exports.
“As global economies continue to recover from the Covid-19 pandemic, we are seeing strong demand for energy-related products originating in Texas,” said Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi.
The Port of Virginia also hit a new high, moving 3.2m teu and a record 280,000 in June alone.
“For much of the fiscal year, we were handling record volumes under COVID-restricted conditions, and we did so safely, swiftly, and sustainably. We consistently handled record-breaking volumes at industry-leading performance levels,” said Stephen A. Edwards, Port of Virgina CEO