Tag Archives: Sergio Tito Lopez

Guerra Appointed As Port Chairman

Esteban Guerra

Brownsville Navigation District Commissioner Esteban Guerra was unanimously appointed to serve as chairman of the BND Board of Commissioners during the board’s recent regular meeting. Guerra serves as chairman alongside BND Vice Chairman Ralph Cowen and BND Secretary of the Board John Wood, also unanimously appointed to serve as part of the executive board. Commissioners John Reed and Sergio Tito Lopez round out the board as assistant secretaries. Wood, Commissioner…

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Abbott Highlights Port In Texas’ Booming Energy Industry

Governor Greg Abbott and Brownsville Navigation District Chairman Sergio Tito Lopez on March 30. (photo Port of Brownsville)

Texas Governor Greg Abbott recently highlighted the Port of Brownsville as a key component of Texas’ booming energy industry and as a critical asset to the Lone Star State’s economic success. The news came during an economic roundtable discussion with industry leaders and key stakeholders at the port March 30. “Ports are the gateway to the might of the Texas economy and the Port of Brownsville is vital infrastructure for…

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Port Progress Brings Positive Outlook

Brownsville Navigation District Chairman Sergio Tito Lopez delivers his remarks during the 2022 State of the Port Address March 24. (photo Port of Brownsville)

The Port of Brownsville remains a stronghold for the Rio Grande Valley’s economy, providing record-setting tonnage and robust operating revenues for FY 2021. Brownsville Navigation District Board Chairman Sergio Tito Lopez highlighted these achievements at the 2022 State of the Port Address last week at the Rancho Viejo Convention Center. The unaudited operating revenues for FY 2021 surpassed the $30-million mark for the second consecutive year at $34 million. Cargo…

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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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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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Sergio Tito Lopez Named BND Commission Chairman

Sergio Tito Lopez

Sergio Tito Lopez is the new chairman of the Brownsville Navigation District. His nomination was unanimous during the board’s regular meeting Nov. 17. Lopez also was sworn in as a commissioner, along with Ralph Cowen and John Reed. All were reelected to the commission Nov. 3. Lopez serves as chairman alongside BND Vice Chairman Cowen and Secretary Esteban Guerra, who were also unanimously elected to serve as part of the…

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Brownsville Navigation District Elects Board

John Reed (photo Port of Brownsville)

John Reed has unanimously been elected to serve as chairman of the Brownsville Navigation District. Reed has served as chairman prior from 2010-2012. His new appointment is also for two years. He continues to serve alongside BND Vice Chairman Sergio Tito Lopez and Secretary Ralph Cowen. Both men were also unanimously elected to the serve as part of the executive board. Local businessman Esteban Guerra also was sworn in as…

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