The first contract to begin dredging the Port of Corpus Christi ship channel to make room for fully-loaded supertankers has been awarded in what in seen as milestone moment for the future of U.S. energy exports. The U.S. Army Corps of Engineers (USACE) awarded a $92 million construction contract to...
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U.S. Army Corps Of Engineers Awards $92 Million Contract For Port Of Corpus Christi Ship Channel Improvement Project
The U.S. Army Corps of Engineers (USACE) awarded a $92 million construction contract to Great Lakes Dredge & Dock Company, LLC, to deepen and widen the Corpus Christi Ship Channel (CCSC) from the Gulf of Mexico to Harbor Island, as part of the Channel Improvement Project (CIP). This contract will increase the depth from -47 feet Mean Lower Low Water (MLLW) to -54 ft MLLW from the jetties at the entrance of the ship channel to Harbor Island and will extend the CCSC into the Gulf of Mexico to -56...
Carlyle Group Names Manager for U.S. Crude Export Terminal in Corpus Christi
By Collin Eaton HOUSTON, Dec 14 (Reuters) – Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Friday. Carlyle Group and the Port of...
Port Of Corpus Christi And Carlyle Group Agree To Develop Major Crude Oil Export Terminal On Harbor Island
The Port of Corpus Christi Authority (the “Port”) announced it has entered into an agreement (the “Agreement”) with The Carlyle Group (“Carlyle”) to work exclusively to develop a world-class crude oil export terminal on Harbor Island (the “Terminal”), connecting growing crude oil production in the United States with global markets. The Terminal would be the first onshore location in the U.S. capable of providing export service to fully-laden Very Large Crude Carriers (“VLCCs”) and would further...
Carlyle Group to Develop VLCC Oil Export Terminal at Port of Corpus Christi
Private equity firm The Carlyle Group announced Monday it has signed an exclusive agreement with the Port of Corpus Christi to develop a major crude oil export terminal that is capable of handling fully-laden Very Large Crude Carriers. The terminal will be located on Harbor Island, which is...