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Corpus Christi kicks off $360m dredging channel

The Port of Corpus Christi has begun the dredging work to expand Corpus Christi Ship Channel and prepare the port for the anticipated increase in US crude oil exports. The Port of Corpus Christi ship channel Improvement project will deepen and widen the entrance ship channel from 47 up to 54 feet and widen it from 400 to 530 feet. The $93m dredging contract was awarded to Great Lakes Dredge and Dock Company earlier this year with work expected to be completed in 2020.

New VLCC terminal at Corpus Christi moves a step closer

A new $1bn VLCC-sized crude export site is moving ahead in Texas. Commissioners with the Port of Corpus Christi Authority yesterday approved a 50-year lease for a Carlyle Group-backed project. Lone Star Ports, a Carlyle vehicle, has got the go ahead to build a tanker terminal on Harbor Isand near Port Aransas subject to an environmental review as the new port will require extensive dredging. The project is one of two proposed for the Corpus Christi area and among eight deepwater ports planned along the US Gulf Coast.

Cheniere opens Texas Corpus Christi LNG export plant

U.S. liquefied natural gas (LNG) company Cheniere Energy Inc officially opened its $15 billion Corpus Christi LNG export facility in Texas. The company, however, would not say when the first cargo will actually leave the facility, which produced its first LNG on Wednesday.