Tag Archives: Port of Brownsville

Port of Brownsville Recognizes Schaefer Stevedoring

Sergio Tito Lopez presents the 2021 Chairman’s Award to Ken Schaefer, president and CEO of Schaefer Stevedoring.

The Port of Brownsville recently presented Schaefer Stevedoring with its 2021 Chairman’s Award. The recognition honors Schaefer Stevedoring’s achievements throughout its 30 years of operation. The presentation took place during the annual Customer Appreciation Luncheon Dec. 14 at the Rancho Viejo Convention Center in Rancho Viejo. Presenting the award to Ken Schaefer, president and owner of Schaefer Stevedoring, was Brownsville Navigation District Chairman Sergio Tito Lopez. Schaefer Stevedoring, an international…

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TXDoT Gives Port of Brownsville Top Marks

The South Port Connector Road includes two bridges over wetlands in the area to minimize environmental impacts on the local ecosystem. (photo Port of Brownsville)

The Texas Department of Transportation recently issued the Port of Brownsville a grade A score for its Local Government Risk Assessment. Serving as the basis for the score is the performance of the South Port Connector Road construction project. A risk score of A signifies that the Brownsville Navigation District presents a low-level risk to TXDoT based on the current project performance. The Local Government Risk Assessment and Qualifications Review…

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BND Board Recognized As Men of Vision

Eduardo A. Campirano, Esteban Guerra, John Wood, Ralph Cowen, Sergio Tito Lopez and John Reed. (photo Port of Brownsville)

In 1910, secretary of the Brownsville Chamber of Commerce Louis Cobolini championed the ambitious plan of a deepwater port for Brownsville. He insisted upon a major port and channel facility capable of handling ships from all over the world. Today, Cobolini’s vision has paid dividends as the port is now a major deepwater seaport along the U.S.-Mexico border. During the Port of Brownsville’s 85th anniversary reception Oct. 21, Brownsville Navigation…

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Advanced Manufacturing Training Coming To RGV

TRAIN

The Texas A&M University System and two of its state engineering agencies recently announced a new initiative to invigorate an important Rio Grande Valley industry sector, advanced manufacturing. Together with the Texas A&M Engineering Experiment Station and the Texas A&M Engineering Extension Service, the system will provide workforce development programs that will prepare people for high-need jobs. The Texas A&M RGV Advanced Manufacturing/Training Innovation Now program gathers community input, creates…

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RGV Reef Project to Benefit Local Economy

Concrete railroad ties at the Port of Brownsville create an artificial reef for the RGV Reef Project. (photo Port of Brownsville)

Founded in 2015, the RGV Reef Project holds the title of largest artificial reef in the state. This endeavor has been a collaborative labor led by the non-profit organization Friends of the RGV Reef with the help from the Port of Brownsville, port tenants and contributors. The reef is 13 miles northeast of South Padre Island and encompasses 1,650 acres. Since 2016, the Port of Brownsville has provided a staging…

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Sunoco Expands Midstream Footprint 

Sunoco's greenfield terminal at the Port of Brownsville. (photo Port of Brownsville)

Sunoco LP, one of the largest independent fuel distributors in the United States, recently announced the development of a refined products terminal at the Port of Brownsville. The greenfield terminal will have 560,000 barrels of storage. The location will provide supply flexibility to the company’s existing fuel distribution business in South Texas. The site at the port will also facilitate Sunoco’s efforts to sell into the growing fuels export market…

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Port of Brownsville Bonds Maintain A2 Moody’s Rating

Moody’s Investor Services assigned a stable outlook to the Brownsville Navigation District and reaffirmed a high “A2” credit rating on its revenue bonds. The stable outlook reflects Moody’s view that “the port will maintain ample liquidity supported by strong operating cash flow margins.” Moody’s noted the Port of Brownsville’s “competitive position for cross border trade as well as the upside potential of near-term projects at the port and major private…

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Port of Brownsville Maintains A2 Moody’s Rating

Port of Brownsville financial resilience

Moody’s Investor Services recently assigned a stable outlook to the Brownsville Navigation District by reaffirming it with a high “A2” credit rating on its revenue bonds. The stable outlook reflects Moody’s view that “the port will maintain ample liquidity supported by strong operating cash flow margins.” Moody’s noted the Port of Brownsville’s “competitive position for cross border trade as well as the upside potential of near-term projects at the port…

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International Shipbreaking Gains Accreditation

The MT Wolverine safely moored at International Shipbreaking’s yard at the Port of Brownsville. (photo Port of Brownsville)

International Shipbreaking Ltd. now has EU Ship Recycling Regulation accreditation for its site at the Port of Brownsville. The company, part of EMR Metal Recycling, recently invested $30 million in compliant infrastructure at the Brownsville site. The local site is also the first U.S. shipbreaking site to achieve this accreditation. It can now help EU-based ship owners – as well as ships flying the flags of EU member states –…

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Port of Brownsville Recognizes Keppel AmFELS

Mohd Sahlan Bin Salleh receives the 2020 Chairman’s Award from Sergio Tito Lopez.

Keppel AmFELS is the recipient of the Port of Brownsville’s with its 2020 Chairman’s Award. The award recognizes Keppel AmFELS’s work reintroducing shipbuilding to both the state of Texas and Brownsville. Brownsville Navigation District Chairman Sergio Tito Lopez presented the award to Mohd Sahlan Bin Salleh, president and CEO of Keppel AmFELS, on Dec. 3. Keppel’s work has helped build the ship building industry locally, bringing approximately 1,400 full-time jobs…

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