DP World is looking to re-enter the US container terminal market after nearly two decades through a proposed development at the Port of Corpus Christi in Texas.The Dubai-based ports and logistics operator has entered exclusive negotiations for a long-term lease to develop and operate a container terminal at the port.
The proposed facility would expand container-handling capacity along the Gulf Coast and introduce container services at a port that currently focuses on energy products, agricultural commodities, chemicals, and other bulk cargoes. DP World would design, build, and operate the terminal if the parties reach a final agreement.
The opportunity follows a series of capacity upgrades at Corpus Christi, including completion of the ship channel improvement project in 2025. The deeper channel allows larger vessels to access the port and has supported efforts to attract new cargo segments and private investment.
DP World last operated container terminals in the United States in 2006 before divesting its US port assets. A Corpus Christi agreement would mark the company’s return to U.S. container terminal operations and its first container terminal development on the Gulf Coast.