![\"dreamstime_s_89546890\"\/](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/e1f82f7d276fd17417584de5fadc3f23-680x0-c-default.jpg\")
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\u00a9 Crackerclips<\/p>\n
\t\t\t\t\t\t\t \t\t\t\t\t\t\t\tBy Gavin van Marle<\/a> DP World looks set to finally break into the US market after entering into an \u201cexclusive negotiation agreement\u201d for a long-term lease to develop and operate a container terminal at the Gulf coast port of Corpus Christi.<\/p>\n The Texan port is currently a major export gateway for US LNG and crude oil shipments but currently has no container handling capabilities, and under the development being discussed by DP World and the port authority, the Dubai-headquartered operator \u201cwould design, build, and operate a new container terminal, expanding capacity and strengthening supply chain connectivity across the Gulf coast\u201d.<\/p>\n Currently, the vast majority of container volumes in the western part of the Gulf are handled at the three terminals at Houston, which hosts some 30 container services and last year saw a throughput of just over 3.6m teu.<\/p>\n Houston\u2019s total capacity is currently 4.3m teu, indicating a 2025 utilisation rate of 85% and suggesting the region is in need of more terminal capacity.<\/p>\n \u201cThe US Gulf coast is one of the nation\u2019s most important trade and economic corridors, and demand for efficient, resilient port infrastructure continues to grow,\u201d Brian Enright, chief executive of DP World in the Americas, said.<\/p>\n \u201cThe Port of Corpus Christi presents a significant opportunity to expand container capacity, strengthen supply chain connectivity, and create new pathways for American businesses to access global markets.<\/p>\n \u201cWe look forward to working closely with the port authority, local labour, and other stakeholders to deliver a world-class terminal that supports job creation, attracts new trade flows, and generates long-term economic value for South Texas and the broader US economy,\u201d he added.<\/p>\n The negotiations began following the port\u2019s completion of the capital dredge of its access channel allowing the access of larger ships to the port.<\/p>\n \u201cCompletion of the landmark Corpus Christi Ship Channel Improvement Project in June 2025 \u2013 thanks largely to investments by the federal government \u2013 has unlocked the potential for existing port customers to meet evolving demands of the global marketplace while spurring additional cargo diversification,\u201d Kent Britton, chief executive of the Port of Corpus Christi, said.<\/p>\n \u201cEntering into exclusive negotiations with DP World is another important step in our long-term strategy to expand the port\u2019s capabilities, deliver greater value to our customers, and ignite investment in the Coastal Bend,\u201d he added.<\/p>\n While the negotiations will \u201cfocus on terminal design, capacity planning, and investment structure\u201d, if the partners press ahead with the project, it would \u201cmark DP World\u2019s first container terminal development in the country after it was notoriously<\/a> barred in 2006 from taking control of six US terminals as part of its acquisition of P&O Ports.<\/p>\n \u201cDP World\u2019s global expertise in terminal operations and integrated logistics makes them a strong partner as we explore the development of container services at the port,\u201d Mr Britton added.<\/p>\n The most likely possible site in Corpus Christi is the La Quinta Terminal Gateway, which reportedly has 1,300 acres set aside for future port development projects.<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a9 Crackerclips By Gavin van Marle 17\/06\/2026 DP World looks set to finally break into the US 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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t17\/06\/2026<\/p>\n