The very first agreement to start digging up the Port of Corpus Christi ship network to include fully-loaded supertankers has actually been granted in what in viewed as landmark minute for the future of united state power exports.

The UNITED STATE Army Corps of Engineers (USACE) granted a $92 million building and construction agreement to Great Lakes Dredge & & Dock Company to grow as well as broaden the Corpus Christi Ship Channel (CCSC) from the Gulf of Mexico to Harbor Island, as component of the Channel Improvement Project (CIP).

The agreement will certainly raise the deepness of the network from -47 feet Mean Lower Low Water (MLLW) to -54 feet from the jetties at the entryway of the ship network toHarbor Island It will certainly likewise expand the delivery network right into the Gulf of Mexico to -56 feet.

“The award of this first dredging contract is without a doubt the most important development we will see in 2019,” stated Charles W. Zahn, Chairman for the Port ofCorpus Christi Commission “Building critical infrastructure for the energy sector is our primary mission and will allow larger vessels access to much needed export facilities, safely and responsibly.”

Currently, the only terminal in the continental United States that is qualified dealing with completely filled Very Large Crude Carriers (VLCCs) is the Louisiana Offshore Oil Port situated around 18 miles off the shore in the Gulf of Mexico.

Back in October, exclusive equity company The Carlyle Group authorized an unique arrangement with the Port of Corpus Christi to create a significant petroleum export terminal that can dealing with VLCCs. The terminal will certainly be situated on Harbor Island, which is positioned on Red Fish Bay opposite the city of Aransas Pass,Texas The website includes 256 acres of a lot of primitive land that consists of deep-water, freeway, as well as network frontage.

The task would certainly produce the very first onshore area in the united state Gulf with the ability of dealing with the globe’s biggest oil vessels.

In November, the USACE revealed its Fiscal Year (FY) 2019 Work Plan an extra $59 million in financing for the port’s Channel Improvement Project, bringing the overall Federal appropriations to $95 million.

“We commend the Army Corps of Engineers for progressing the highly anticipated Corpus Christi Ship Channel Improvement Project, and the selection of Great Lakes Dredge & Dock to perform on this first contract is an extraordinary step forward in positioning the United States as the largest exporter of energy in the world,” stated Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi.