The Port of Corpus Christi is commemorating the begin of dredging operate in the job to increase the Corpus Christi Ship Channel to prepare the port for the expected rise in united state petroleum exports overseas.

The Port of Corpus Christi Ship Channel Improvement Project will certainly grow and also broaden the entry ship network from 47 to 54 feet and also broaden it from 400 to 530 feet.

At an unique event held Thursday, the Port of Corpus Christi highlighted the initial dredgers in theGulf The $93 million dredging agreement was granted to Great Lakes Dredge and also Dock Company previously this year with job anticipated to be finished in 2020.

The total ship network strengthening job has actually an approximated agreement worth of around $360 million over the following 5 years.

“This moment has been 20 years in the making, and our team at the Port of Corpus Christi is not only excited, but we are humbled and deeply honored to play a role in the American energy renaissance,” stated Sean Strawbridge, Chief Executive Officer for the Port ofCorpus Christi “We are building and enhancing infrastructure and collaborating with new partners as we prepare to accommodate major growth in crude oil production.”

Following the renowned 40-year restriction on petroleum exports, the Port of Corpus Christi has actually ended up being the biggest crude export port in theUnited States Its area on the Gulf of Mexico and also distance to the West Texas oil and also gas boom drove need and also web traffic for the Port of Corpus Christi.

In 2018, the Port of Corpus Christi exported $10.8 billion well worth of petroleum. The Port of Corpus Christi presently is the fourth biggest port in the United States in overall tonnage, and also the assumption is that the Port’s petroleum exports will certainly triple, and also maybe quadruple, as manufacturing remains to raise, the port stated in a declaration.

“Our port has been working toward this moment since 1990. This achievement reinforces our position as ‘The Energy Port of the Americas.’ In the Port of Corpus Christi chronology, today, we made history,” stated Charles W. Zahn, Jr., Port of Corpus Christi Authority Commission Chairman.