DP World has entered exclusive negotiations to develop and operate a container terminal at the Port of Corpus Christi in Texas.
The agreement covers a proposed long-term lease and marks the first step toward DP World’s first container terminal on the U.S. Gulf Coast.
Under the proposal, DP World would design, build and operate the new terminal, expanding container capacity and strengthening supply chain connectivity across the region.
The project also aims to create long-term jobs by working with local labor and workforce partners.
DP World handles around 10% of global container traffic through a network of more than 60 ports and terminals worldwide.
Brian Enright, CEO of DP World Americas, said the project will support growing demand for port infrastructure along the Gulf Coast.
“The 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.”
The Port of Corpus Christi is one of the largest U.S. ports by tonnage and serves as a major gateway for energy, agricultural and industrial exports.
Port CEO Kent Britton said the project supports the port’s long-term diversification strategy.
“Entering into exclusive negotiations with DP World is another important step in our long-term strategy to expand the Port’s capabilities, deliver greater value to our customers and ignite investment in the Coastal Bend.”
The negotiation period will focus on terminal design, capacity planning and the investment structure before a final agreement is reached.
